Binance Alpha New Token $DGRAM Research Report
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Project Overview
@DGramNetwork is a real-time communication Depin project aimed at aggregating idle computing power, bandwidth, storage, and other resources into a low-latency network for gaming, audio and video, AI training, and other scenarios.
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Team Background
The project founder and CEO is Jason Brink, who previously served as the President and CMO of Gala Games, where Gala reached a peak FDV of several billion dollars. The community describes him as a person with strong operational capabilities.
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Funding Situation
Datagram has completed $4 million in pre-seed funding, led by Avalanche's Blizzard Fund, with participation from top investors like Animoca Brands and DePIN.X. They raised $4 million by selling over 25,000 nodes.
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Token Economics
Total Supply: 10B $DGRAM
Complete Core Nodes: 50% (15% unlocked at TGE, the remaining unlocked daily over 12 months)
Airdrop: 5% (unlocked daily over 12 months)
Ecosystem: 16% (fully unlocked at TGE)
Market Making, Exchanges, Liquidity: 5% (fully unlocked at TGE)
Investors: 10% (unlocked daily over 36 months)
Team: 10% (locked for 6 months, unlocked daily over 36 months)
Advisors: 2.5% (locked for 6 months, unlocked daily over 36 months)
KOLS: 1.5% (unlocked daily over 12 months)
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Opening Analysis
1. Chip Analysis: Initial circulation is 28.5%, with nodes distributing 50%*15%=7.5%, alpha estimates 1% (included in the ecosystem), and subsequently unlocking 0.125% of the potential supply daily, resulting in considerable selling pressure.
2. Institutional Cost Analysis: The $4 million funding allocation is 10%, meaning a cost basis of $40 million FDV, and the opening price is generally higher than this, so low openings may warrant small positions. However, given that recent alpha depin projects have opened at absurd levels, with allo and planck starting at tens of billions of FDV, this one should also open quite high due to the current hype (personal guess).
3. Project Type Analysis: The Depin project has long been disproven, and the market will not be so fomo-driven. It is advisable not to buy on a high opening; the alpha should just take the lead and run.
