🔥 Hot news: Umia just made a big splash by successfully raising $6.11 million through a bold token auction model.
Here’s a look at the impressive numbers:
💰 Total funds raised: $6.11 million
📈 FDV valuation at auction: $18 million
🪙 Tokens distributed: 17.3 million (equivalent to 34.6% of total supply)
💵 Current value: ~ $0.68 (pushing FDV to $34 million)
What makes Umia stand out is its absolute fairness. Even giants like Digital Currency Group and Galaxy Ventures had to buy tokens at the same price as individual users, with absolutely no price discounts or advisor/governance privileges.
This strategy shows Umia’s ambition to build a truly decentralized ecosystem, one that removes the gap between "whales" and retail investors. In addition, not applying token lockup mechanisms shows the project is very confident in its liquidity.
What do you think about this "level playing field" fundraising approach? Could this become a new standard for future crypto projects?
👉 Follow the channel or leave a comment to discuss, everyone! — Follow the channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en\u0026r=BOZMO8A1
#CryptoMarket #Trading #Crypto #WhaleAlert #OnChain $BTC
Here’s a look at the impressive numbers:
💰 Total funds raised: $6.11 million
📈 FDV valuation at auction: $18 million
🪙 Tokens distributed: 17.3 million (equivalent to 34.6% of total supply)
💵 Current value: ~ $0.68 (pushing FDV to $34 million)
What makes Umia stand out is its absolute fairness. Even giants like Digital Currency Group and Galaxy Ventures had to buy tokens at the same price as individual users, with absolutely no price discounts or advisor/governance privileges.
This strategy shows Umia’s ambition to build a truly decentralized ecosystem, one that removes the gap between "whales" and retail investors. In addition, not applying token lockup mechanisms shows the project is very confident in its liquidity.
What do you think about this "level playing field" fundraising approach? Could this become a new standard for future crypto projects?
👉 Follow the channel or leave a comment to discuss, everyone! — Follow the channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en\u0026r=BOZMO8A1
#CryptoMarket #Trading #Crypto #WhaleAlert #OnChain $BTC