The Fogo project new issuance rules have been finalized.
Key data overview: Total supply of 10 billion tokens, with 2% allocated for new issuance quotas. The unit price is set at $0.035, corresponding to a valuation of $350 million. The new issuance limit per address is 6 BNB.
Objectively, this FDV pricing is somewhat high. However, from an operational perspective, the hit rate for top wallets participating in new issuance is generally better. If an account's Alpha score reaches the relevant threshold, it's still worth participating.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
6
Repost
Share
Comment
0/400
MoonlightGamer
· 01-15 14:19
FDV is so high, it's a scam, but with Alpha ratings backing it, maybe it's worth a shot.
View OriginalReply0
BankruptWorker
· 01-14 18:20
6BNB limit? Can't sell it out, huh?
View OriginalReply0
tx_or_didn't_happen
· 01-12 20:18
350 million FDV for a new listing? That's pretty intense, feels like an early adopter taking a risk.
View OriginalReply0
GateUser-2fce706c
· 01-12 20:16
This pricing is indeed a bit awkward, but the hit rate among top wallets is good. The key still depends on whether the score is high enough...
View OriginalReply0
AllTalkLongTrader
· 01-12 20:15
It's the same trick again—FDV is inflated, but the top wallets have a good chance of winning? Honestly, it's still just a game among players.
View OriginalReply0
NFTRegretDiary
· 01-12 19:54
FDV is indeed quite impressive, but the hit rate among top wallets is still pretty good.
The Fogo project new issuance rules have been finalized.
Key data overview: Total supply of 10 billion tokens, with 2% allocated for new issuance quotas. The unit price is set at $0.035, corresponding to a valuation of $350 million. The new issuance limit per address is 6 BNB.
Objectively, this FDV pricing is somewhat high. However, from an operational perspective, the hit rate for top wallets participating in new issuance is generally better. If an account's Alpha score reaches the relevant threshold, it's still worth participating.