Written by: 1912212.eth, Foresight News
At 1 AM Beijing time on March 24, Arcium's community round public sale officially opened on the CoinList platform, lasting until 1 AM on April 2. The minimum purchase amount for this sale is $100, with a maximum limit of $250,000, supporting payment in USDC or USDT. The tokens for this sale will be 100% unlocked during the TGE in the third quarter of this year, allowing participants to obtain fully liquid tokens without a long lock-up period.
CoinList in this cycle still has projects like Neon and RWA leader Ondo Finance that have brought substantial returns to many investors. Additionally, nillion, which was recently listed on Binance Launchpool, had previously conducted a public sale on CoinList, bringing it back into community focus. So, is Arcium, which is being launched this time, worth paying attention to?
Crypto Supercomputer
Arcium is defined as a crypto supercomputer aimed at resolving the contradiction between data privacy and computational efficiency through encryption technology. Traditional internet data processing often requires exposing the data itself, which not only erodes privacy but also limits innovation and brings potential security risks. Arcium builds a decentralized, verifiable, and high-performance encryption computing framework, allowing data to be fully utilized while remaining completely encrypted.
Specifically, each node in the Arcium network functions like a processor in a traditional computing stack, collectively forming a powerful encrypted computing system. Users can process sensitive data through this network without worrying about data leakage.
This ability, akin to "understanding a book without seeing the text", makes Arcium the missing piece in internet privacy protection. Currently, Arcium has launched a private testnet and plans to open a public testnet on April 30. The project team consists of 20 experts, including PhDs in applied cryptography, machine learning, and mathematics, as well as technical backbone from Web2 giants like JPMorgan and Amazon, with formidable strength.
According to the official website, Arcium has made breakthroughs in securely and efficiently computing encrypted data using Multi-Party Computation (MPC), with its decentralized architecture being 10,000 times faster than FHE, and comes with intuitive developer tools to ensure readiness for adoption.
Token Economics
The Arcium token is an SPL standard token based on the Solana blockchain, with a total supply of 1 billion tokens. This CoinList community round will sell tokens at $0.2 each, with an initial fully diluted valuation (FDV) of $200 million.
Token allocation details: 20% for community (CoinList target allocation 2%), 5.8% for angel investors (including Echo sale), 5% for validators, 20.8% for core contributors, 20.4% for venture capital institutions, and 28% for ecosystem and treasury reserves.
The token plays multiple roles in the network: first, to activate nodes and ensure decentralized network operation; second, for network security and staking, incentivizing node operators' participation; third, as a core tool for staking and delegation, regulating token supply and demand. It's worth noting that only fully unlocked tokens are eligible for staking to ensure fairness and transparency.
Arcium's token economic model designs a dynamic supply mechanism to adapt to network demand changes. When task volume is low, the system compensates node operators through reward mechanisms; when demand surges, tokens are burned to increase scarcity. This design aims to ensure the network's long-term economic sustainability and allow token holders to benefit from computational demand growth.
Additionally, the strategy of 100% token unlocking in this community round may alleviate the traditional "low liquidity, high FDV" dilemma.
Impressive Investment Lineup
Arcium has gathered a lineup of prestigious crypto investment institutions and individuals, raising $5.5 million in strategic funding in May 2024, led by Greenfield Capital, with participation from Coinbase, Solana co-founder, Monad co-founder, Jupiter founder, Wormhole founder, and notable angel investor Balaji.
Arcium has almost gained the favor of well-known project co-founders in the Solana community. Recently, Arcium acquired its largest Web2 competitor Inpher—a company that previously provided encrypted computing technology for banks, healthcare, and government—not only enhancing Arcium's technical strength but also opening doors for Web2 market collaborations.
Summary
CoinList, as a renowned token issuance platform in the crypto field, has been known for selecting quality projects and providing early investors with high returns. Since its establishment in 2017, CoinList has helped multiple blue-chip projects get off to a successful start, such as Solana, Filecoin, Algorand, Ondo, Flow, and others. In 2024, CoinList launched 14 token sale projects, with an average fundraising of approximately $7.51 million per transaction and over 10,000 participating investors, with 13 projects oversubscribed. CoinList users' token retention is also impressive. Data shows that 70% of public sale participants still hold tokens 30 days after distribution, far higher than typical airdrop projects (where 60%-90% of participants quickly sell). This indicates that CoinList's investor group is more inclined to long-term holding rather than short-term speculation.
Although some projects listed on CoinList in this cycle have fallen short, for investors with higher risk appetite, Arcium might still be an opportunity worth participating in, especially considering its relatively low initial valuation ($200 million FDV) and strong ecosystem support. However, for conservative investors, it is recommended to closely monitor its testnet and mainnet progress before making a decision. In any case, be sure to conduct thorough research before participating and invest cautiously according to your own risk tolerance.
