"Revisiting Old Texts: AMA Debate, Is the Token Commitment of the Overvalued 0G a Soft RUG by Conflux?" Wu Ming stated that 0G originates from Conflux's exploration of new directions during its low period, with Conflux providing 1-2 core engineers and 4 PhD technical support for investors, operating independently. Long Fan focuses on Conflux, while Wu Ming invests more in 0G. The project has only been operational for a year but has an overvaluation exceeding 2 billion dollars, which is vastly different compared to most projects in the market. Regarding the high valuation and token commitments, Michael explained that the valuation is based on long-term vision and market subscriptions, with 250 million dollars being a pre-commitment for OTC with Awaken Finance, extracted according to market pricing cycles. Read more:"

0G30.02%
CFX-17.06%
View Original
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)