Axis Robotics $AXIS Community Sales:
At the moment, there are 173 unique addresses in total, committed $508,628.697. Most of them are in the $100–$200 range. There are 7 addresses with over 20k, which account for 90% of the current amount; the progress is 51%, with a target of $1M.
Pricing is fine: $0.10 per $AXIS, FDV is under 100M. But the release rules are a bit uncomfortable: the TGE unlocks 10%, locks for 6 months, and the remaining 6 months release linearly.
I was actually quite interested, but what makes me hesitant is this: Hack VC leads the investment, lock for 6 months, and those 7 big holders make up 90%—I’m really worried that once you’ve negotiated it all: the gentry get their money back in full, while the common folks split the proceeds 70/30 😂.
As for rumors in the community about fabricated fundraising and the like, it’s not that important. The main concern is that the risk with the big holders is likely asymmetric 😂. Also, Kaito gets a share, Binance Booster gets a share, plus community airdrops—if you also give Binance Alpha, then the selling pressure around TGE should be pretty significant.
So I’ll just lock in a few hundred dollars to unlock 10% and taste the saltiness. Getting back to break-even on launch at $1B is almost impossible. If I can at least get back 50%, I probably won’t lose. If you go in big, you’re just afraid of information asymmetry.
At the moment, there are 173 unique addresses in total, committed $508,628.697. Most of them are in the $100–$200 range. There are 7 addresses with over 20k, which account for 90% of the current amount; the progress is 51%, with a target of $1M.
Pricing is fine: $0.10 per $AXIS, FDV is under 100M. But the release rules are a bit uncomfortable: the TGE unlocks 10%, locks for 6 months, and the remaining 6 months release linearly.
I was actually quite interested, but what makes me hesitant is this: Hack VC leads the investment, lock for 6 months, and those 7 big holders make up 90%—I’m really worried that once you’ve negotiated it all: the gentry get their money back in full, while the common folks split the proceeds 70/30 😂.
As for rumors in the community about fabricated fundraising and the like, it’s not that important. The main concern is that the risk with the big holders is likely asymmetric 😂. Also, Kaito gets a share, Binance Booster gets a share, plus community airdrops—if you also give Binance Alpha, then the selling pressure around TGE should be pretty significant.
So I’ll just lock in a few hundred dollars to unlock 10% and taste the saltiness. Getting back to break-even on launch at $1B is almost impossible. If I can at least get back 50%, I probably won’t lose. If you go in big, you’re just afraid of information asymmetry.
