Another blockchain game Delabs Games (DELABS) will go live on Binance Wallet on July 28 at 18:00 (UTC+8). Let's see how to estimate coin prices and perform transaction operations?

Background: A Web3 game studio in South Korea established in 2021.
Products: GIGACHADBAT, Boxing Star X, Ragnarok Libre, Rumble Racing Star
A total of 4 games
Business: Wallet 585,211,542 Users 25,211,542 TXS 45,211,556
Financing: 3 rounds of financing nearly $10M
Community: X 400K, DC 47K, TG 50K
Tokenomics: Total supply of 3 billion coins, Strategic VC accounts for 3%, other VCs account for 20%, Team 17%, Airdrop & Community Rewards 32%, overall the proportions are still acceptable.
Valuation: 1) A+ Seed total financing $9.9M, accounting for 20%, corresponding VC valuation of approximately $50M
2) The quality, control, and popularity of various chain games differ, so the comparative reference significance is not great. After the crash of the Korean chain game CROSS, it surged wildly, with an FDV of $310M.
Conclusion: Korean blockchain games cannot be inferred from fundamentals. WEMADE and CROSS are both pump-and-dump cases; the game is just a shell. Rationally speaking, an opening price of $0.03 is reasonable. If it rises too high, there’s nothing that can be done. It might be safer to short at $0.1.
Due to some information not being disclosed, an analysis cannot be conducted at this time. If there are updates later in this article, they will be followed up in the comment section.