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#PreIPOsSeason2OpenAISubscription The OpenAI Pre-IPO subscription window has entered its final 22 hours, and the numbers clearly demonstrate the intense demand for the product.
Total subscriptions have exceeded $231 million so far, surpassing the $148 million figure we previously discussed for the first hour, and it's worth remembering that the total value of tokens offered was only around $20 million. This means that current demand is more than ten times the supply, implying that the final allocation will likely scale down significantly.
The key factor here is that allocation is calculated using a time-weighted average method. The size of the locked amount alone isn't sufficient; the length of time it remains locked directly determines the allocation size. A position locked for the entire 48-hour window now carries a much higher weight compared to a position of the same size entered in the final hours. Therefore, those considering participating in the remaining 22 hours should be aware that they will start with a significant time disadvantage, regardless of how early they act.
Subscribing with USDT or GUSD brings additional tiered rewards, with GT airdrop rewards and a daily accruing 3.8% annual return for GUSD subscribers remaining a standard part of the process.
For those considering participating, realistically, the expectation at this stage should be a proportional reduction, not a full allocation. When demand exceeds supply to this extent, platforms typically distribute each participant's share proportionally. However, early and prolonged lockdown remains the only way to obtain a relatively larger slice within this reduced allocation. For those wishing to decide before the window closes, i.e., within the next 22 hours, acting without delay would be the most sensible approach in the current time-weighted system.