VOOI ($VOOI) Research Summary

Project Overview: A cross-chain perpetual contract aggregator, like the DeFi version of Robinhood, trading super simple, no gas, across multiple chains. The product is very useful, with a monthly trading volume of 8 billion USD.

Total Tokens: 1 billion.

Tomorrow (December 18): Circulating supply: about 24% (244 million, can be bought and sold immediately).

* Airdrop portion: Total about 100 million, but only half (50%) can be sold initially, the other half locked for six months.

* Community Sale (ICO): Fully sellable.

* Team/Institution: Basically locked for over 2 years, cannot sell. → Selling pressure is not too large, won't crash suddenly.

Financing and Institutional Cost:

* Total financing amount: about 2.75M USD (3 rounds).

* Incubation/Seed Round (August 2024, YZi Labs, former Binance Labs): Amount not disclosed (valuation below 5M USD, fully funded by CZ's private fund).

* Echo Community Round (March 2025): 1.25M USD, FDV 40M USD (locked, with vesting, not all TGE unlocked).

* Legion ICO (November 2025): Target 0.5M USD, actually over-subscribed 26 times to 1.25M USD, FDV 112.5M USD (100% TGE unlocked).

* Institutional average cost: Early entry FDV 40M USD, average cost about 0.04 USD/token (40M / 1 billion tokens). Now FDV expected at 200M-500M USD, institutions have earned 7-10 times, but locked tokens cannot be sold. Not many VCs, only select quality endorsements, green flags.

Ecosystem Position: Solving the cross-chain issues of perpetual contracts, with the best experience. Currently, competition is not too fierce, with first-mover advantage, moderately irreplaceable (the product being genuinely useful is the biggest selling point).

Estimated Market Cap upon Listing:

* Initial circulating market cap: about 50 million - 120 million USD.

* Short-term may open low (bear market + some unlocking selling pressure), mid-term depends on product volume, likely to rebound.

X Community Mainstream Views:

* Positive: Product is great, many real users, large airdrop, long-term outlook is good.

* Concerns: Valuation is a bit high, short-term selling pressure, may fall first.

* Rational Summary: Not purely a speculative project, suitable for layout.