The Boundless project has recently announced the specific details of its community funding round, sparking extensive discussion in the Crypto Assets market. According to the disclosed information, the project raised $4 million at a fully diluted valuation of $2.9 billion (FDV), which is equivalent to an issuance of approximately 1.38% of the Token.



The financing ratio is relatively low, and it is expected that the circulation on the day of the Token Generation Event ( TGE ) will be controlled at around 6.81%, demonstrating the project team's strict control over the token supply. Some analysts believe that if the project team adopts strategies of delay or restriction in the airdrop distribution process, the actual circulation may be further reduced.

Overall, the financing terms are quite friendly to investors. Considering that the valuation of Boundless's parent company in the recent funding round was $300 million, the market generally expects the project to achieve a return on investment at the time of opening. It is worth noting that Boundless has also made an exception by allowing users from the EU and the US to participate in its Kaito Launchpad, which is a first in the industry.

However, despite the attractive financing terms, it has also raised some thoughts about future development. Some believe that such a low starting price may indicate difficulty in achieving the expected 3-5 times growth potential, which requires further observation of market reactions.

At the same time, industry insiders are comparing Boundless with other projects such as Lombard on BuidlPad and Succinct Labs' $PROVE token. Although Boundless shows considerable potential, there is still a gap in technical strength and market recognition compared to some leading projects.

Overall, this round of financing for Boundless not only demonstrates the confidence of the project team but also reflects the current demand in the crypto market for high-quality projects. Investors need to carefully assess the long-term development prospects of the project while paying attention to potential returns.
KAITO-2.56%
PROVE1.55%
TOKEN-1.07%
View Original
post-image
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.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
LiquidityNinjavip
· 14h ago
Buy the dip man, don't blame me for not reminding you.
View OriginalReply0
RektButAlivevip
· 14h ago
Blindly guessing the opening big dump
View OriginalReply0
MeaninglessGweivip
· 14h ago
Am I the only one who feels that this valuation is a bit high?
View OriginalReply0
MetaEggplantvip
· 14h ago
It's stable, just waiting to enter a position.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)