Pretty big update for Kled, sleepy market..
Avi Patel
@avipat_
I finally understand the power of network incentives. Our affiliate system scaled the user base with almost zero marketing.
We’ve crossed 100,000 users, and at this pace, we’ll be past 300,000 soon.
We've decided to finally give utility/flywheel to $KLED directly in app.
Reminder from a few weeks, that it’s still technically trading below the conservative floor.
Game
@game_for_one
12-17
Good answer. One extra way to frame it:
If you take the conservative ~20% equity assignment, that effectively sets a floor. At a ~$100m corporate valuation, the implied equity-backed value roughly matches where the token trades today, so downside is largely defined by that
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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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