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Alex
@lexaori999
project (Balance). Most Valuable Builder (MVB) Binance Chain Season 8 participants. This is a 4-week acceleration program from Binance Labs and CMC Labs (an acceleration program from CoinMarketCap’s). Listing on Binance is not guaranteed, of course, but at least there are contacts with Labs. In 2020, seed/Pre-A investment (total $3m) from a16z in the parent company E-PAL. I did not find details about the following rounds (where they collected a total of 30 million), but there were a lot of second-rate funds there. From all over the world on a thread. Their site traffic for November according to pr-cy: 505K≈16.3K/day. Views 4.1M≈134K/day. This is with an "existing user base of 4.2 million users" and 450,000 active companions (EPALs). It seems like a live project, but not top. Conclusion Considering the tokenomics and the team composition, it does not look ideal, but the presence of contacts with Labs and a16z and a more or less live product slightly compensate for the disadvantages.
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