OpenMind's IPO on Kaito started on Monday. What are everyone's strategies? After browsing the comments, everyone says the $400 million FDV is too high, as it's exactly double the cost of a VC fund. I'm planning to participate with full KYC verification. After all, it's a leader in the crypto robotics sector, with plenty of buzz and impressive partners. At worst, it'll break even, so it's worth a gamble. My only question is "how much weight does OpenMind actually have in the robotics field?" I've searched for information, but it's mostly promotional material. Could a robotics expert please explain? 🙏
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Fabric Foundation
@FabricFND
01-23
Details of $ROBO public sale:
- Going live on January 26th Monday at 12PM UTC.
- Valuation: $400m FDV
- Target Raise: $2M
- Maximum Offering: 0.5% of total supply
- Vesting: 100% at TGE
- Min/Max Pledge Size: $1,000-$250,000
- 40% of the tokens in this sale will be allocated as
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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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