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The Sentient project recently announced a new tokenomics plan, with a detail worth noting — 2% of the token supply will be allocated for community public offerings. Interestingly, the valuation set for this round of public sale is quite conservative, explicitly indicating it will be lower than the previous institutional investor price.
This approach actually reflects a trend. Leading projects that completed large-scale funding rounds last year are now returning to the public offering route. Sentient raised $85 million last year, with Founders and Pantera leading the investment, and now they are doing a community round. This pace is quite intriguing.
The low-valuation open participation setup seems to be aimed at gaining community support. In the current market environment, whether this approach is genuinely about offering benefits or has other considerations, different parties may interpret it differently. However, at least from the perspective of funding amount and investor background, the scale of this project is evident.