Zama's OG NFTs have proven effective; each OG NFT can be used to purchase 40,000 tokens at a base price of $0.005. A total of 5,500 NFTs are available, representing 2% of the total token supply. @zama's last round raised $57 million at a valuation of $1 billion. Even at a 50% valuation based on current market prices (around $500 million), that's still a 10x price difference. With a $200 allocation per NFT, the return is $2,000? Another feature is the 5% discount during auctions, which I feel is largely meaningless.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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