X @Andre Cronje

Didn't want to mention or interact with this at all till after it was done, but this kind of betting definitely adds a weird angle to launching a project, we had so many people in discord asking about FDV that the team realized something weird was going on and then found the betting market. However, given FT's design, FDV is largely irrelevant, PUT investors can refund at 10c, so they have no reason to sell below, and if they do, the capital becomes a floor at 10c (technically its not 10c, its NAV of "withd ...