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  3. Published Social post

    Wu Blockchain (@WuBlockchain)

    According to CryptoRank, the market capitalization of several well-known VCcoin projects launched this year is almost below their VC valuations. For example, Humanity Protocol, with a first-round valuation of $1 billion, now has a market cap of $285 million; Fuel Network, valued at $1 billion in the first round, now has a market cap of $11 million; Plasma, valued at $500 million in the first round, now has a market cap of $224 million; and Camp Network, valued at $400 million in the first round, now has a market cap of $15 million. https://twitter.com/i/web/status/2003732111782785276

  4. Published Social post

    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 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

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