A certain project raised $20 million in this round of funding, with a significant portion coming from Chinese community investors. Due to the oversubscription model used for the new issuance, this round of financing attracted many participants to invest large amounts—according to community feedback, there are several individuals in the WeChat group who have invested tens of thousands of dollars.
Interestingly, this project has recently been exposed to some issues. As an observer, I did not participate in this round of financing myself, but since this morning I have been receiving private messages from fans and friends, all discussing some unreliable actions taken by the project team. It seems to be another classic case of "hot fundraising followed by trouble."
This also serves as a warning to participants in new issuance: high oversubscription often hides risks; large fundraising amounts do not necessarily mean the project is solid. Investors participating in any funding round should conduct thorough due diligence and risk assessment.
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bridgeOops
· 7h ago
Hundreds of thousands of dollars at once? That takes a lot of confidence. How's it going now?
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AirdropHuntress
· 7h ago
Data shows that this pattern is happening again; projects with high fundraising enthusiasm are often the most likely to fail. The key still depends on the project's background and tokenomics design, and don't be fooled by over-raising numbers.
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LiquidatorFlash
· 7h ago
Hundreds of thousands of dollars... How exaggerated is this collateralization ratio? Once the liquidation threshold is triggered, you have to run.
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BanklessAtHeart
· 7h ago
Hundreds of thousands of dollars at once? Typical FOMO being exploited. When the funding enthusiasm is high, people rushing in should really reflect on themselves.
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LiquidationWatcher
· 7h ago
It's the same old trick, promising everything during fundraising, then causing all sorts of problems afterward. This time, the Chinese community really got taken for a ride.
Hundreds of thousands of dollars, how confident do you have to be to go all in on this kind of new project?
Is the hype around fundraising equal to project quality? Laughable, that formula should have been deleted long ago.
How many people are still repeating this mistake? Truly speechless.
Good fundraising numbers and reliable technology are two different things. It seems some people still haven't figured that out.
Once again, getting burned. When will this community learn its lesson?
Big fundraising amount? So what, the key is whether they can deliver later.
After this round, how many people are stuck inside, and how long will it take to break even?
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HashRateHustler
· 8h ago
Here we go again? Hot and heavy before funding, then start messing around after funding... The Chinese community will have to pay the tuition again this time.
Hundreds of thousands of dollars poured in, and when you look back, it's all tricks. Really, it’s always like this.
That new IPO oversubscription thing, just listen to the story, don’t really go all in, brothers.
The funding scale doesn’t correlate with project quality, who doesn’t know that these days.
Another classic script for harvesting the leek... Why do some people keep walking into the gunfire?
A certain project raised $20 million in this round of funding, with a significant portion coming from Chinese community investors. Due to the oversubscription model used for the new issuance, this round of financing attracted many participants to invest large amounts—according to community feedback, there are several individuals in the WeChat group who have invested tens of thousands of dollars.
Interestingly, this project has recently been exposed to some issues. As an observer, I did not participate in this round of financing myself, but since this morning I have been receiving private messages from fans and friends, all discussing some unreliable actions taken by the project team. It seems to be another classic case of "hot fundraising followed by trouble."
This also serves as a warning to participants in new issuance: high oversubscription often hides risks; large fundraising amounts do not necessarily mean the project is solid. Investors participating in any funding round should conduct thorough due diligence and risk assessment.