Sahara AI @SaharaLabsAI TGE is coming soon BUIDLPAD public offering information Hard cap: $8.5 million, only 1.41% of circulating supply, corresponding FDV of about $600 million; 100% TGE unlock Individual quota: $50-3000 For secondary investors, this "small cap + full circulation" model seems unfavorable under liquidity pressure on the first day, but everyone should have seen the wealth effect of BUIDLPAD's first project, Layer. In terms of financing, @SaharaLabsAI raised $43 million, with a lineup from Polychain to Pantera, all excellent VCs. Executives from Midjourney and Anthropic are advisors for this project, so the resource background is definitely top-notch. Horizontal comparison FET: 2 billion TAO: 3.4 billion RNDR: 2 billion ARKM: 123 million Sahara will launch with a 600M FDV, positioned between Arkham and Render. There is a 3-4x value creation space to reach FET. 600M FDV is not cheap, especially since the current market VC coin valuations have significantly declined. The project's fundamentals are still decent: on-chain active accounts have surpassed 3.2 million; daily active accounts reach 1.4 million; data service platform users exceed 200,000. Sahara is very likely to go directly to all major exchanges, and a 600M FDV is quite standard. In a nutshell, let's dive into the IDO! @SaharaLabsAI #AIforALL
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