The recent public sale performance of the SPACE project has been quite impressive. Data shows that the oversubscription rate reached over 200%, with more than $5 million already locked in, indicating strong enthusiasm.
What’s even more noteworthy is its token release strategy—100% unlocked at TGE (Token Generation Event). This approach is uncommon among similar projects. On one hand, it demonstrates the team’s confidence in the project; on the other hand, it shows sincerity towards early participants. Full unlock means investors can immediately circulate the tokens they receive without long lock-up periods.
From the perspective of funding enthusiasm and token mechanism design, this project has sent many positive signals early in the market. Of course, the long-term performance of any project will also depend on subsequent ecosystem development and technological progress.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
4
Repost
Share
Comment
0/400
GasFeeCrybaby
· 5h ago
100% unlock, not afraid of a dump? This courage is really big
---
$5 million oversubscribed, this buzz is indeed something
---
The question is whether the ecosystem can keep up; good financing doesn't necessarily mean the project is solid
---
Full unlock at TGE... early investors must be happy, but I'm worried the team might also be selling
---
Sincerity is possible, but the market has taught me not to believe anything
---
200% oversubscription sounds great, but it depends on how things develop later
---
This kind of full unlock actually makes me a bit suspicious, when did they become so confident
---
Having a lot of money is real, but whether the technology can keep up is the real test
View OriginalReply0
RugpullSurvivor
· 5h ago
200% oversubscription? That number sounds a bit unbelievable.
100% unlocked? Get ready to be dumped, brother.
It's another story of a conscientious project, let's wait and see how it unfolds.
Just five million dollars, and you dare to boast?
Fully unlocking is actually more dangerous, that's what I mean.
History always repeats itself, just with different participants.
I've heard this spiel too many times.
Funding enthusiasm ≠ project quality, don't be fooled by the numbers.
The real test is whether anyone will still be around after three months.
Team confidence? I think it's more about confidence in dumping.
View OriginalReply0
SatoshiChallenger
· 5h ago
200% oversubscription? Interesting. The last project that was hyped like this is now at a liquidation rate of 98%.
100% unlock is just sincerity? I'm not joking. Isn't this a sell-off signal that you can't see?
The enthusiasm for fundraising is just enthusiasm, but anyone who saw the projects in 2018 understands... just wait and see.
View OriginalReply0
LeverageAddict
· 5h ago
100% unlock is indeed impressive, just worried it might dump immediately after launch.
The recent public sale performance of the SPACE project has been quite impressive. Data shows that the oversubscription rate reached over 200%, with more than $5 million already locked in, indicating strong enthusiasm.
What’s even more noteworthy is its token release strategy—100% unlocked at TGE (Token Generation Event). This approach is uncommon among similar projects. On one hand, it demonstrates the team’s confidence in the project; on the other hand, it shows sincerity towards early participants. Full unlock means investors can immediately circulate the tokens they receive without long lock-up periods.
From the perspective of funding enthusiasm and token mechanism design, this project has sent many positive signals early in the market. Of course, the long-term performance of any project will also depend on subsequent ecosystem development and technological progress.