Before I knew it, all the projects that @KaitoAI mentioned before are about to graduate. A few days ago, I saw that @union_build also provided an economic model, and today it announced that it will be listed on Binance Alpha.
Compared to many projects that arbitrarily change models before going online and backstab the community, it seems that Union's sincerity is quite good.
Of the 19.19% initial circulating supply, 11.19% was allocated to the ecosystem and community through the ecosystem fund, DAO treasury, and community incentives, so it is likely that Yappers and early community participants have a lot of coins.
The remaining 8% is allocated to the Alliance Foundation. Given that core contributors and investors cannot claim staking rewards without coins within 12 months, it would not be too noticeable even if the team gets some tge unlock from the foundation.
Union's comparison group should theoretically include LayerZero, Axelar, Wormhole, and others. However, they differ in that they don't rely on trusted third parties, oracles, multi-signature wallets, or MPC, instead leveraging zero-knowledge proofs to solve cross-chain asset transactions. Furthermore, they proactively lowered their token inflation rate, demonstrating their honesty compared to their competitors.
Among the investment institutions, VCs such as Longhash are also quite decent, and also include star individual investors such as Smokey, the founder of Xionglian. It has raised 16 million US dollars, which I think is a qualified VC infra project.
Although the timing of my release is a little late compared to other competitors, if I work hard to get a Perp while taking the civil service exam, I should still have a good chance.
twitter.com/BroLeonAus/status/...
