Yesterday we talked about vc disk and a good viewing tool, and then explained two projects in detail. On August 14 and August 16, a lot of friends asked, how to operate it? Today we will take a closer look at these two projects and see how we can actually operate them.
1.BE
First, let’s look at the SEI public chain. We have talked about this public chain before. It was listed on Binance’s launchpool at that time. For details, please see the "Analysis of Reasonable Price Range of High-speed Public Chain SEI" on August 15, 2023. For the technical aspects of the specific project, please see the previous program. This time we will only analyze it from the data level.
The total mining amount given by the launchpool at that time was: 300,000,000 SEI (3% of the total tokens).
The total circulation of tokens is 10 billion, 3% of tokens are allocated to Airdrop, 20% of tokens are allocated to investors, 30% of tokens are allocated to the ecosystem, 9% of tokens are allocated to the foundation, 20% of tokens are allocated to early contributors, and 15% of tokens are allocated to reward verification nodes. Initial circulation: 1,800,000,000 SEI (18% of the total tokens). The current circulation is 3.17 billion (accounting for 31.7%). The price when it was launched was around 0.15. It went down after the opening because the end of October 23 was a big bottom, and the lowest price was around 0.01. Then there was a big bull market in early 24, and the highest price was around 1.1. The current exchange rate is 0.29, so the current maximum decline is 75% (from the highest to the present).
Let's look at the previous token release rules. This time, the team's token release was mainly newly added, with 41 million tokens, and 54 million tokens in the private sales round; the foundation added 30 million tokens, and the ecosystem added 100 million tokens. The total amount released this time is 225 million tokens, which is worth 67 million US dollars at the current price. However, the current market value of SEI is 930 million US dollars, and the overall FDV is 2.9 billion US dollars, so these tens of millions of US dollars are not really a lot, but let's continue to look down.
From yesterday’s dashboard, we can see that the proportion of VC in this SEI project is very high, and the profit of VC is high. Judging from these two indicators alone, VC is very likely to run, because this time it mainly unlocks private sales and teams, and it is also the first time for these two parties to unlock. Needless to say, the team will definitely sell it to pay salaries, and for the first private release, they must return funds and make back the previous investment.
Then let's look at the cost of private sales. Although I haven't found the price of private sales, we can roughly estimate it. We can find out that the total amount of SEI financing before was 35 million US dollars, and the data we saw before was that SEI gave 20% of its tokens to private equity. Dividing 35 million US dollars by 2 billion, the price of private equity is about 0.017 US dollars, which is a return of about 17 times. This rate of return is also relatively normal.
And from now on, such a large amount will be unlocked every month, and from this month on, new team and private equity tokens will be released. Previously, there were only the foundation + ecosystem + binance launchpool, so the probability of further decline is definitely very high.
2.Cyber
The second project, Cyber connect, is also a project of Binance launch pool. It is about decentralized social graph. Please see our article "Analysis of Cyber connect, web3+social infrastructure platform" in August 2023 for details.
The total number of CYBER tokens is 100,000,000, with an initial circulation of 11,038,000, accounting for 11.04% of the total number of tokens. (Currently 24% has been released) The total mining amount is 3,000,000, accounting for 3% of the total number of tokens.
The token distribution is as follows:
9% of the tokens will be used for community rewards, 34% for ecological development, 25.12% for private investors, 15% for the team and consultants, 10.88% for the community treasury, and CoinList public sale and Binance Launchpool will each receive 3% of the tokens.
The price of the coin when it was launched was around 9 US dollars, and then it dropped to 3.7 US dollars. In the bull market at the beginning of 24, it reached a high of 14 US dollars. Now it is only around 3 US dollars, which has hit a new low. The current maximum decline is 80% (highest to lowest).
Then let's look at the release of tokens this time. Early partners released 120,000 tokens, the community released 1.1 million tokens, ecological partners released 150,000 tokens, the developer community released 200,000 tokens, the market gave 250,000 tokens, and the foundation gave 170,000 tokens. According to the current price, the total value of these tokens is 6 million US dollars, and its current market value is 73 million US dollars. The market value of FDV is 300 million US dollars, so this 6 million US dollars is actually not that large.
Then from yesterday's dashboard, this project has a high VC share (25%), but the current VC profit is not high. I have checked the private financing of this token, and the current results are:
Seed round financing: $0.497.
Series A funding: $3.
CoinList ICO：$1.8。
For this project, we can see that, except for the seed round which made money, the coinlist ICO has not doubled, and the A round just broke even. However, in the current release list, the private sale is locked and has not been released yet, which means that the seed round is locked. What is being released now is the public sale, which is the ICO, and the private sale will not be unlocked until December of 24 years. Therefore, those who wanted to run from these ICOs have already run away, and the remaining ones are unlikely to run away, because if they had run away before, they would have actually recovered their investment, and by December, it is estimated that the bull market will start, so some of these seed rounds should run away, because this part accounts for 25%, which is still a huge amount, so there is no need to worry about unlocking cyber this time, but you have to be careful in December. #内容挖矿