Let me explain clearly in 10 points. Can#AEVOmake a big profit?
1. Decentralized derivatives trading platform, options and perpetual contract trading
2. On the same track, JUP has a market value of US$970 million, DYDX has a market value of US$1.27 billion, and GMX has a market value of US$540 million.
3. The founder is a former employee of Coinbase and a member of the American crypto core circle.
4. A total of US$16.6 million was raised, and the final round valuation was US$250 million.
5. Mainstream investors Dragonfly, Paradigm, Coinbase
6. Maximum supply of tokens: 1 billion AEVO
7. Initial circulation: 110 million AEVO (11% of the maximum supply of tokens)
8. Regarding token price prediction: No need to predict, AEVO has launched futures trading pairs, the current price is 2.6 US dollars
9. Based on US$2.6, the initial circulation market value is US$280 million.
10. The current circulating market value of Binance’s Launchpool in the past three phases is 380 million, 1.7 billion and 480 million.
Benchmark yourself according to the circulation market value, and the potential space will be clear at a glance
By the way, the above prices are in US dollars.
additional
Launchpool and token data
· Launchpool start time: 08:00 on March 8, 2024 (UTC+ 8), lasting 5 days
· Maximum supply of tokens: 1, 000, 000, 000 AEVO
· Initial circulation: 110, 000, 000 AEVO (11% of the maximum supply of the token)
· Total mining amount: 45, 000, 000 AEVO (4.5% of the maximum supply of tokens), of which 36, 000, 000 are in the BNB pool and 9, 000, 000 are in the FDUSD pool
Aevo has raised US$16.6 million in 3 rounds of financing, namely:
· Seed round: 10% of the total, valued at $18.5 million;
· Series A: 4.62% of the total, valued at $130 million;
· Series A+: 3.5% of total amount, valuation $250 million.
It is worth noting that before Ribbon Finance was merged into its derivatives trading platform Aevo, the original token of Ribbon Finance was RBN. RBN holders can convert their RBN to AEVO at an exchange rate of 1:1, which takes 2 months. lock-in period. The remaining unlocking period of RBN proceeds as originally planned. The token issuance schedule is as follows:
· RBN tokens for private investors (seed and series A) and teams will be fully unlocked by May 2024;
· RBN holders can convert RBN to AEVO at an exchange rate of 1:1, with a lock-in period of 2 months;
· AEVO is currently not unlocked for release, but the DAO will allocate 16% to future users and ecosystem incentives, which are expected to take more than 4 years.