Wu Blockchain (@WuBlockchain): According to CryptoRank, FDVs of several VC-backed projects launched this year are significantly lower than their VC valuations. For example, Humanity…
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According to CryptoRank, FDVs of several VC-backed projects launched this year are significantly lower than their VC valuations. For example, Humanity Protocol's initial valuation was $1 billion, but its current FDV is $285 million; Fuel Network's initial valuation was $1 billion, but its current FDV is $11 million; Plasma's initial valuation was $500 million, but its current FDV is $224 million; Camp Network's initial valuation was $400 million, but its current FDV is $15 million. https://twitter.com/i/web/status/2003678122571633074