Binance Alpha new token $BLESS update:
BSC Contract: 0x7C8217517ed4711fe2DECCdFefFE8d906b9Ae11F
Launch time: September 23rd, 17:00
Binance contract: September 23rd, 17:30
Threshold:
Users holding at least 200 Binance Alpha points can claim 3,200 BLESS tokens airdrop. First come, first served.
Estimated earnings and market value:
A total of 100 million tokens, 1%, 3,200 tokens per number, shared among 31,250 numbers.
Pre-market price 0.035 U, pre-market price corresponds to earnings of around 100 U, corresponding circulating market value of around 70 million U, corresponding FDV of 320 million U dollars.
After Binance announced the token amount, the pre-market price dropped from 0.1 U to 0.035 U, which is within the normal market value range. Although the project party delayed the airdrop to tomorrow, there is only a 1% sell-off, and setting this market value is still relatively reasonable.
The airdrop claim time is tomorrow at 5 PM, pay attention to this time point. Once the airdrop portion is open for claiming, it won't be able to sustain this market value.
September 23rd Binance Alpha $BLESS Project Analysis:
1. Project Introduction:
@theblessnetwork is a decentralized shared computing protocol that aggregates idle CPU/GPU resources into a usable distributed computing platform, providing near-end computing capabilities for AI, low-latency gaming, and distributed applications.
2. Token Model:
Total Token Supply: 10 billion
Initial Circulation: 1.841 billion (18.41%)
Launch Time: September 23rd 17:00
Binance Contract: September 23rd 17:30
Project Financing: Two rounds totaling $8 million
Naruto Rating: ★ ★ ★ ☆ ☆ [Comprehensive feeling, non-authoritative rating]
SOL Contract: A1t2UviBYwyfYZDJyKY2W6Td8ritgsCriUDuNaAQN49S
BSC Contract: 0x7C8217517ed4711fe2DECCdFefFE8d906b9Ae11F
3. Token Economics:
▶︎ Institutions: 16.25%
▶︎ Team: 15.0%
▶︎ Advisors: 3.0%
▶︎ Ecosystem and Foundation: 20.75%
▶︎ Airdrop: 10.0%
▶︎ Community Incentives: 35.0%
4. Chip Analysis:
* The token economics were released in July, and there has been no detailed unlocking situation since then.
* We are mainly concerned with the 10% of the airdrop, of which 8.5% is allocated for TIME (dual-token incentive model) to exchange for BLESS token airdrop, and 1.5% is for listing.
* It is known that the 8.5% airdrop portion will not be available until tomorrow afternoon at 5 PM.
* Therefore, the selling pressure at TGE is only 1%-1.5% for Binance, similar to the disgusting operation of 0G.
5. Financing Details:
* Pre-seed round financing of $3 million, seed round financing of $5 million,
* Assuming consistent costs, the institutional cost is about $0.005, corresponding to a circulating market value of $9 million, FDV $50 million.
6. Revenue Estimate:
* Currently, the pre-market price is hovering around $0.1, corresponding to a circulating market value of $200 million, corresponding FDV of $1 billion.
* Binance Alpha should also be around $80+ gross.
7. Supplement
* Competing in the same field as Grass, but this project does not have its level of heat; Grass currently has a circulating market value of $180 million, and it controls the supply through TGE, with a pre-market circulating market value of $200 million, you can ponder that.
* Since STBL and ASTER, almost all Alpha projects have been controlling supply by delaying the airdrop claim time, making the game theory much more difficult. The good news is that Alpha is purely for the "free riders," while traders can only wait in the community, closely monitoring the progress of airdrop share claims to trade at opportune moments.
#BLESS
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