Linera community round subscription results released: 617 participants from 69 countries subscribed for approximately 848,000 USDC in total, failing to reach the minimum target of 1.5 million USDC.
According to the rules, this round will not be approved. The official team will return the funds to participants’ wallets directly, and the next steps will be announced after the refund period ends. For participants, the most important thing is to monitor the wallet credit status and official channels, and not to trust DMs about “accelerated refunds” or links that claim to handle transactions on your behalf.
This also serves as a reminder to the market: even with a strong technical narrative, community subscriptions can still cool off. A new listing is not risk-free profit—before participating, you should focus on evaluating the fundraising threshold, refund mechanism, valuation, and liquidity expectations.
#Linera #Web3 #On-chain fundraising
https://x.com/linera_io/status/2097477804707205318
According to the rules, this round will not be approved. The official team will return the funds to participants’ wallets directly, and the next steps will be announced after the refund period ends. For participants, the most important thing is to monitor the wallet credit status and official channels, and not to trust DMs about “accelerated refunds” or links that claim to handle transactions on your behalf.
This also serves as a reminder to the market: even with a strong technical narrative, community subscriptions can still cool off. A new listing is not risk-free profit—before participating, you should focus on evaluating the fundraising threshold, refund mechanism, valuation, and liquidity expectations.
#Linera #Web3 #On-chain fundraising
https://x.com/linera_io/status/2097477804707205318