Kaito 现在的 Capital Launchpad 的思路我确实看不懂，整体来说给人一种交暑假作业的敷衍感，在做 Launchpad 这件事上，还有不少值得优化的地方从第一个项目 @EspressoSys 开始就让人匪夷所思，改条款这件事本身就应该是前置的，而非后置的。我能理解项目方融到资了资方背景很好很强大，所以不知人间疾苦拎不清，把 FDV 定价和条款给得特别差，但作为一个有经验也懂市场的成熟 Launchpad，Kaito 自己能不知道吗？Question 1️⃣- Espresso 事后给公募空投这件事存在非常大的不正当性。作为一个 NFT 持有者，我有很大的理由怀疑：通过 Kaito 这次的 Launchpad，Espresso 官方或许将本应该给 NFT 持有者的空投给了自己的老鼠仓- 这是对项目方的疑问：NFT 的空投到哪里去了，地板 0.3 买的 NFT 需要一个交代Question 2️⃣- Launchpad 本应该协助项目方进行公募条款的制定，但在第一个项目之后，billions @billions_ntwk 同样遇到了类似的定价过高情况，在 pledging 阶段中途才修改条款- ...

@Delphi_Digital @thetinyant 文中所提及进行 DAT 资管探索的项目传送门：https://t.co/iBGwRCo4G7散户活动介绍https://t.co/9ALjaHGWqa ...

Digital Asset Treasury (DAT) Overview - Digital asset treasury companies create value for shareholders via multiple compounding value accrual mechanisms [1] Resources - Delphi Digital's Digital Asset Treasury Dashboard provides relevant data and insights [1] - UPXI CSO @thetinyant's research thread offers further analysis on DAT [1]

Digital Asset Treasury (DAT) Overview - DAT is a significant driver of recent market growth, involving public companies allocating off-chain capital reserves to cryptocurrencies instead of traditional assets [1] - Unlike passive instruments like ETFs, DAT allows for active management of crypto assets through staking, lending, or compounding to increase per-share crypto exposure [1] Challenges and Opportunities for DAT Companies - Many DAT companies may lack the crypto expertise to manage large amounts of digital assets, presenting potential risks [1] - The industry needs to address three key asset management questions: asset security, yield generation, and yield maximization [2] Solana (SOL) Ecosystem - There is anticipation for projects like UnitasLabs on Solana to introduce new elements beyond meme coins and revitalize the chain [2] - The industry is exploring how projects can solve the "asset management three questions" on Solana, similar to Ethena (ENA) on other chains [2]

Cryptocurrency Market Analysis - The cryptocurrency market distinguishes between the potential recovery of stocks versus altcoins, suggesting stocks may recover from temporary declines while altcoins may face permanent losses [1] - The analysis implies a higher risk associated with investing in altcoins compared to stocks, particularly regarding long-term value retention [1]

Token Deal & Valuation - ALT5 Sigma ($ALT) 持有价值 15 亿美元的 WLFI 代币交易[1] - WLFI 以场外交易方式，以每个代币 0.20 美元的价格购买了价值 15 亿美元的代币（占总供应量的 7.5%）[1] - 这意味着 WLFI 的完全稀释估值 (FDV) 为 200 亿美元[1] - 市场交易价格在 0.35 美元至 0.90 美元之间，暗示 FDV 在 350 亿美元至 900 亿美元之间[1] Market Perception - 市场可能认为 ALT5 Sigma ($ALT) 被严重低估[1]

今天 $ALTS 美股盘前已经快回成本价了，看了看评论区的情况，分析了下极致破发的主要原因，还是小盘股流动性差 + PIPE 解锁后有部分恐慌割肉多杀多回升说明基本逻辑还是有人认可。分歧还是来源于仓位，都是屁股决定脑袋的人没打 $WLFI 的觉得 0.2 太贵狗都不买打了 $WLFI 的觉得 才 0.2 星辰大海Yuyue (@yuyue_chris):美股是有什么我们看不懂的坑么，为什么 $ALTS 增发发行价 7.5今天能继续砸到 6 去，团队出货了？这个时间有出货动机吗有没有懂的说说 ...

Cryptocurrency Listing - Coinbase Assets 将 Useless Coin (USELESS) 添加到 roadmap [1] - Bonk 被认为是真正的海外核心圈项目，并在 Kraken、Binance US、Coinbase 等交易所轮番上线 [1] Token Information - Useless Coin (USELESS) 的市值为 10 亿 (1B) [1]

Strategic Focus & IPO Preparation - OKX's primary focus is pursuing a US IPO [1] - The announcement addresses historical issues related to OKB [1] - The upgrade is considered beneficial for OKX, XLayer, and OKB, potentially accelerating the IPO process [1] OKB & XLayer Upgrade - The upgrade aims to weaken the perception of OKB as solely a platform coin, repositioning it as a public chain coin [1] - XLayer upgrade includes TPS increased to 5000 and near-zero Gas fees [1] - XLayer focuses on DeFi, global payments, and RWA, expanding application scenarios [1] - OKB becomes the sole Gas & Native Token for XLayer, with 65.25 million OKB tokens burned and a fixed issuance of 21 million [1] Product & Technology Integration - OKX prioritizes product and technology development over asset management [1] - XLayer integrates OKX Wallet, Exchange, and Pay [1]

ETH BETA 最好的选择应该就是 $UNI因为这次我要做先信易理华的人 @Jackyi_ld ...