There is a project that will issue coin in March next year, and the participation threshold is quite low right now. Just doing one or two exchanges on their platform each week is enough, mainly to keep the account active, so that you can get a discount when participating in new offerings later. Be careful, this is not an airdrop play.
Although the team is in India, the product experience is still acceptable, and the interface smoothness is tolerable. The cost wear and tear is not too exaggerated. Looking at the financing progress, the cycle is not too dragged out, and the investors include familiar names like Multicoin and Coinbase, which is a standard configuration.
My thought is to follow along in a relaxed manner for now, as there’s no loss in doing so. When it gets closer to the coin issuance, I'll assess the valuation and then decide whether to participate deeply, after all, participating in new issues still depends on the cost-effectiveness.
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ContractBugHunter
· 11-28 14:17
Indian team? Multicoin endorsement? This combination seems familiar, having stepped on several last year.
Exchanging twice a week can lock in discounts, sounds too easy, this kind of activity setting often means that the thresholds will gradually rise later.
I’m just playing along for now, after all, the cost isn’t high, but I’m afraid that when the coin issuance valuation soars, the discount amount in hand will become useless.
Wait, a smooth interface ≠ no risk in the contract, have you checked their audit report?
Participating early is fine, but before putting real money in, you must see clearly whether the investors truly recognize it or just talk on paper.
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NFTBlackHole
· 11-27 15:40
The Indian team is a bit unfamiliar, but the backing from Multicoin and Coinbase is worth noting. Just afraid it will fall below the issue price once it's launched.
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PumpStrategist
· 11-26 11:31
The Indian team + Multicoin endorsement sounds good, but what about the chip distribution data? When it’s time to issue coin, retail investors will have to line up; we need to see how high the current lock-up ratio is.
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Going-with-the-flow is fine, but don’t be fooled by the "activity" rhetoric. Exchanging twice a week sounds simple, but it actually accumulates gas costs and Slippage. Have you calculated the ROI?
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Coinbase has invested in many projects, but is this endorsement valuable? The key still lies in the fundraising amount and the dilution level of the pre-round. On the day of issuing coin, the pattern will already be formed, and you can basically see the highs and lows.
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Wait, the cost-performance ratio is a good point. Most people participate when the chips are already at a high position, and the real risk release is still to come. Being cautious is not wrong.
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I don’t doubt the team is in India, but low operating costs do not equal competitive products. A smooth interface is just basic operation; the product's economic model is the lifeblood. Have you looked closely?
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LiquidityWizard
· 11-25 14:55
honestly the weekly swap grind sounds like opportunity cost theater but statistically speaking if the valuation metrics hold post-launch then risk-adjusted returns might justify the friction. multicoin backing is what i'd call table stakes these days though
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HalfBuddhaMoney
· 11-25 14:55
The Indian team is back again... However, since Multicoin and Coinbase have invested, it indicates that it's not a complete drop to zero. Exchanging twice a week to maintain activity, I can understand this operation; it indeed doesn't cost much.
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notSatoshi1971
· 11-25 14:48
The Indian project, the financing party is not bad, but I still need to take a look at the valuation before I can say anything.
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TokenToaster
· 11-25 14:43
The Indian project is indeed good with endorsements from Multicoin and Coinbase, but I am still quite cautious about the valuation game before issuing coins.
Wait, do I have to exchange once or twice a week to maintain activity? It depends on whether the cost is worth it.
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FortuneTeller42
· 11-25 14:39
I usually have to raise a question mark about projects from the Indian team... However, if Multicoin and Coinbase endorse it, it’s worth a look.
Wait, how significant is the discount for the new listing? Is it worth the early hassle?
There is a project that will issue coin in March next year, and the participation threshold is quite low right now. Just doing one or two exchanges on their platform each week is enough, mainly to keep the account active, so that you can get a discount when participating in new offerings later. Be careful, this is not an airdrop play.
Although the team is in India, the product experience is still acceptable, and the interface smoothness is tolerable. The cost wear and tear is not too exaggerated. Looking at the financing progress, the cycle is not too dragged out, and the investors include familiar names like Multicoin and Coinbase, which is a standard configuration.
My thought is to follow along in a relaxed manner for now, as there’s no loss in doing so. When it gets closer to the coin issuance, I'll assess the valuation and then decide whether to participate deeply, after all, participating in new issues still depends on the cost-effectiveness.