One infrastructure project closed a public auction in just 6 hours, raising $2M at a $1B valuation—exactly matching the price institutional investors paid in their private round. Before mainnet even went live, 1.5M models were already trained and running on testnet. Here's what's interesting: when top-tier VCs agree to buy at retail prices during public sales, they're not randomly participating. They're signaling conviction in a winner-take-most market. Infrastructure plays don't scale linearly—they consolidate. Whoever captures the network effects early enough locks in exponential advantages. The pricing alignment between institutions and the crowd isn't a coincidence; it's a bet on inevitable dominance.