The highly anticipated new project has arrived! Let me help everyone interpret the key points to pay attention to when participating in the new project on @monad at @coonbase. Remember to bookmark it!
Focusing on the key points ⬇️
First, the fundraising amount is significant, clearly intended for investors to exit. Moand's recent round of financing was last year at the start of the bull market, raising 225 million, with a valuation of 3 billion, also the largest fundraising amount of this bull market to date. At that time, the VC currency concept was not so resisted, it seems it got out of hand.
Regarding the account, Coinbase's risk control is unusually strict. It is not recommended to buy KYC. If you change your IP/device even slightly, you might trigger facial recognition, and in serious cases, you will have to chat with customer service. Sometimes, withdrawing money can be very difficult, let alone if your wallet is not very clean and has interacted with various prediction markets, do not lose big for small gains.
Secondly, the rules are not about oversubscription; it is 'filling up from the bottom,' meaning that if there is oversubscription, small investors take priority, with smaller amounts prioritized. If you expect there to be oversubscription, it means you cannot be anxious, and absolutely must not fill it up completely. Since we cannot see the median, it is also a blind gamble. You can throw the rules and fundraising progress to AI and see what AI says.
Additionally, if it is not fully subscribed, Coinbase One members can apply for up to 5 times the sales quota, which is 50WU.
Finally, I wish everyone to make money! $MON
