What's going on with today's alpha airdrop?
Repeatedly postponed, let's see where PLAYSOLANA comes from?
What is the reason for the delay in the launch distribution?
PLAYSOLANA belongs to the Web3 gaming sector, primarily focusing on hardware wallets + handheld ecosystem.
According to the official website data, hardware sales have exceeded 10,000 units, but financing and community engagement are average.
But it is said that they raised 200 million, which seems to indicate a strong project team.
Initial circulation is relatively large, accounting for 23%.
After understanding the token information, let's see why the token distribution has been delayed. According to the official Twitter statement, it seems there was a security issue with the tokens.
But the pre-sale price is 0.02, and the current on-chain price is only 0.0067, which means if there is no delay in distribution, receiving 1000 pieces would only be worth 6.7 dollars, making it the lowest gross in alpha history. The reason for such a low price is that before the token went live, there were significant sell-offs, and after 8:00, it was again heavily sold. Whether this was due to the project side being eager to sell or the recent frequent hacking incidents is unknown.
