Let’s talk about @binance’s IEO this time @aevoxyz.

This is an old project, formerly RibbonFinance, and now it has become AEVO on this basis.

There is not much to say about the background of the project. It is a decentralized derivatives exchange that launched Pre-Launch token futures, so many people rushed to do airdrop transactions at that time.

This area actually occupied half of the country until the emergence of WALEOTC.

And in terms of on-chain options, we are doing quite well. Anyway, overall the project has no problems and it is a good project. But let’s analyze it at what price you can enter.

The project has raised $16.6 million in 3 rounds of funding:

The total amount of the token model is 1 billion, with an initial circulation of 110 million.

Seed round: 10% of the total amount, valuation is US$18.5 million; unit price: 0.0185u;

Series A: 4.62% of the total, valued at US$130 million; unit price 0.13u;

A+ round: 3.5% of the total amount, valuation US$250 million; unit price 0.25u;

According to the current price on WALEOTC, which is around 2.5u, and based on the recent market conditions, taking $PORTAL as an example, there is a high probability that the 5u pin will be opened, and then 3u will stabilize. #BinanceLaunchpool #BTC #ETH