CBB: The so-called "financing at a $1 billion valuation to avoid short-term speculation" is purely self-deception.

GateNewsBot

2025-11-30 03:00:56

Odaily News CBB pointed out in a post on the X platform that the project party's rationale of “avoiding short-term flipping” for conducting financing at a valuation of 1 billion dollars while still locked is a form of “self-deception.” CBB stated that a reasonable approach for ICOs should involve fundraising at a lower FDV and allocating tokens to genuine core users and contributors, rather than creating an overvaluation structure that causes the project to lose a healthy token circulation foundation early on.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes

Reward
1
Comment
Repost
Share