In the past week, Binance $Alpha has listed 4 AI projects: $PRAI / AGT / REX / XTER.
As we all know, anything related to the AI concept is a money shredder and one of the tracks where financing monsters are most likely to appear. Can the AI projects listed on $Alpha break even? Based on the publicly available financing information, I have compiled a simple table below 👇
Currently, neither of the two projects with known VC / KOL costs has broken even.
Among them, $XTER fell in response to the official announcement of its listing on Alpha. The original price was above the VC cost line, so the short-term reference significance is not significant. It is estimated that another wave will be dumped after the listing...😂 On the other hand, the price of $PRAI has been relatively stable after digesting the airdrop selling pressure, hovering around $0.08. It should be noted that Privasea's financing is also a "textbook-level case" in the privacy sector, with its valuation soaring 36 times in 14 months, rocketing to the top three in the privacy sector's valuation, and also signing market-making agreements with Amber Group and GSR Markets.
Looking at the tokenomics, the investors' tokens will begin to be released linearly around 2025.10 (the team did not provide a specific time, so it can only be estimated based on the Emission Schedule). Before that, they will always do some market cap management, haha; anyway, it is also a 0.0001% transaction fee, with a pool depth of 3M+, so while farming points on Binance $Alpha, you can also ambush it, maybe there will be unexpected surprises.