Sharing by the founder of IOSG
Projects with a valuation of around 100m and that have not yet completed TGE have given up their plans to list on Binance due to the high difficulty.
Infra, with a valuation of 300m to 500m, is still struggling to raise funds.
For projects that have completed TGE, if the initial launch strategy is not good, the FDV has fallen by an average of 80% compared with the last round of VC valuation.
Projects with liquidity on Binance are still looking forward to the turnaround opportunity in the bull market, while projects that have not been listed on Binance have already begun planning new projects or the next stage of work.