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Hak Research
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Leading Crypto Insights Vietnam - Airdrop/Retroactive: @GemResearch_
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Hak Research
12-13
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OCTRA PRE-SALE ANALYSIS: ILLUSIONAL PRICES AGAIN! The peak of the Pre-Sale/ICO is probably coming soon. @octra, with its core technology FHE – Fully Homomorphic Encryption, is an advanced form of encryption that allows computation on encrypted data without decryption. This gives Octra several features such as: 1⃣ User data is always 100% secure. 2⃣ Dapps can handle sensitive information 3⃣ Other ecosystems (such as Ethereum, Solana, etc.) integrate additional privacy layers as needed. Octra can function as a standalone Layer 1 platform, but it can also integrate into other Dapps and ecosystems to provide additional privacy features for users. Key points to note in the upcoming $OCT Pre Sale include: 1⃣ The research time was a bit long. According to the project Chia , Octra began development in 2021 when the need for privacy in the crypto market was not yet a major concern. In fact, from my perspective, the need for privacy in the crypto market has existed for a long time because it's something that projects like $BTC or $ETH lack. Some typical examples include: - Monero with $XMR - Zcash with $ZEC - $DASH $GRIN $BEAM ... Therefore, the project's claim that they started when the market was still uninterested and there was no demand is incorrect. They developed the project in 2021 but didn't release the Litepaper until early 2024, so I don't know what they were doing during that long period. 2⃣ Achievements in the development process Throughout its development, Octra has also achieved several accomplishments, such as: - Testnet deployment with over 100 million transactions, 1.5 million addresses, and stable speeds at 17,000 TPS. - They maintain operations without needing a large amount of investment Capital , as they only managed to raise $4 million from investment funds in September 2024. - Provide a specific roadmap for the mainnet launch, which is expected to take place in 2026. 3⃣ Basic information about $OCT Pre Sale Prior to the current ICO round, Octra had already sold tokens on the Sonar platform twice, in January and September 2025. In this round, 10% of the total supply will be sold to the community at a valuation of $200 million. Additionally, if there is a large number of participants, the team will use another 10% for sale (it feels like the team wants a lot of money...). Furthermore, 100% of the ICO Token will be distributed at the time of TGE. $OCT with a total supply of 1B will be allocated to the following parties: - 18% for investment funds - 15% goes to the development team @octralabs - 10% from ICO sales, with the possibility of an additional 10%. - 10% for programs that encourage ecosystem development. - 5% for previous Echo subscribers - 5% is allocated for Airdrop - 27% will be used as rewards for future Validators. In terms of utility, $OCT will currently be considered the currency that users and partners will use to pay fees when using Octra's services. At the time of writing, the payment schedule for $OCT is still unclear. Therefore, in the future, you will need this information to make the most informed decision about participating and investing. 4⃣ Analysis of $OCT Pre Sale Regarding the $OCT Pre Sale, I've noticed quite a few unusual points that need attention, such as: - Why not on Coinbase? Remember that @echodotxyz was acquired by Coinbase, and their very first project after the acquisition, $MON, was sold relatively successfully on Coinbase. So why isn't Octra being offered for sale on Coinbase? From my perspective, there are two points. First, Octra isn't on the same level as Monad and the other projects Coinbase targets. Second, it might have a rather poor ROI at the time of TGE. - In a bad market environment, with investors' risk tolerance sharply declining, Octra, a project in a relatively technical sector without the backing of many large funds, is highly unlikely to receive FOMO from the community. One area Octra could strongly target is user privacy to fuel FOMO, because recently projects related to anonymity have been flying high, such as $ZCASH or $ASTER. - Is Octra's valuation of $200 million high or low? This is relatively difficult to say because there aren't any outstanding projects in the FHE niche, and comparing it within the privacy industry doesn't seem very reasonable to me. So when things aren't clear, and on top of that $OCT only received a few million dollars from the investment fund, it makes me think this $200 million figure is too high. It's as simple as the similarities: both are about privacy, Capital hundreds of millions of dollars but only valuing themselves at $300 million. - Lack of transparency in the Capital rounds. I searched everywhere but couldn't find any official information about the 1M and 8M sales on Echo, or the valuations. In summary, I will not participate in the Pre-Sale, even if it's for fun. Because I feel the project is not appealing at all! twitter.com/HakResearch/status...
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