GameFi Project Analysis #ACE

+The project is a combination of a blockchain game (Fusionist) and a game/social infrastructure layer

+ACE is the native token of Endurance Blockchain and can be used in the following ways: Spend/Earn in-game, Ecosystem Interaction, Stake and Governance, Endurance Blockchain Gas

+ Sold launchpool on#Binacne(7% of total supply) and sold jumpstar on#Okx(1% of total supply)

=> Supported by 2 major exchanges, quite reputable, invested by Binance Labs

+ Total supply of ACE is 147 million tokens. The circulating supply when listed was about 22 million tokens, about 15% of the total supply. Most of it is in the hands of the team and early investors, retail investors hold very little => easily push up the price

=> With the current price of about $14 => MC more than 300 million, I think it's relatively high for a newly listed Gamefi project. If I invest, I expect MC will invest about 200M for the next uptrend season, catching gamefi waves.