Everlyn, as mentioned yesterday, has launched its IDO. The IDO price is based on FDV's $250 million valuation, the same valuation as the last round of investment by @Sui .
🔹 This IDO aims to raise $2 million (capped at 2% of supply).
🔹 100% release at the TGE.
🔹 TGE target is September.
In addition, you can earn up to 50% of the bonus tokens by:
💸50% Bonus:
🔸Subscribe to any tier of service. There are three tiers:
Starter ($9.99)
Standard ($34.99)
Pro ($94.99)
🔸Create a video and tweet it
🔸Link your Kaito wallet address to Everlyn
💵25% bonus:
🔸Subscribe to any tier
🔸Link your Kaito wallet address to Everlyn
However, I'm not quite understanding this data. A 2% token allocation for a $2 million fundraising round should be based on a $100 million valuation. Even if that 2% includes a 50% bonus, it's still based on a $150 million valuation. Why is it listed as $250 million? I need Everlyn to explain.
