90 min left for RWAI TGE
43m points bid already
Making it the second most hyped Genesis deal
I estimate points bid to be ~55m by TGE
Thus you need to bid ~730k points for full allocation
Is it worth it?
If you’re short on points
Probably not
Even if your exit valuation for RWAI is $2m FDV (11x ROI)
The yield on points will still be lower than that of NIYOKO, BIOS, PTAI, HOLLY
The pipeline of Genesis deals that are not listed yet are strong
Don’t rush bidding into deals you’re not comfortable with