This issue of LaunchPad has officially clocked in! First of all, @trylimitless has seriously over-raised; no matter how much you put in, you can only get 2% of the subscription amount as a victory! Secondly, Anichess is indeed a bit niche, and the narrative of blockchain games really struggles to support a high valuation, so I just put in the minimum amount to tag along... Finally, there's the bargain with @Novastro_xyz. In a market environment with a high-risk appetite, the only hot project got massively oversubscribed, and when the remaining two were competing for liquidity, the opponents were relatively weak, so all the excess liquidity flowed into Nova... Currently, it's oversubscribed by 100%, and at the very least, you can get 50%~60% of the subscription amount, so the overall advantage is still there, which is why I went for this last 1wu. In fact, I recommend participating in most of the TGE projects on @KaitoAI that are fully unlocked; even if you don't participate in...
I made the first move on @Novastro_xyz because it's about to enter the oversubscription phase. According to the current LaunchPad guidelines, priority will be given not only to @KaitoAI ecosystem stakers and the project's Yappers, but also to larger or earlier subscribers who will enjoy certain rights!
So, in my understanding, you either jump in at the last moment before a project launches, or you get in right at the start...
Currently, the fundraising rate is at 94%, so it will definitely fill up, as most waiting funds prefer to jump in just before the deadline, thus filling the last 5% gap while ensuring they get all the Buffs~
My expectation is that I can definitely secure the full amount, even if oversubscription starts in the next 5 days. With sKaito stakers ranked 32, Yapper historically ranked 3, and also holding Yapybara, it’s hard to imagine being diluted~
However, the next two projects will be about diluting the already oversubscribed amounts of others... Hahaha!
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