flyingtulip (FT) announces early public auction with FDV of $1 billion and principal protection
According to Odaily, IMPOSSIBLE announced on X platform that it has released the details of the flyingtulip (FT) pre-public auction. The auction's FDV is 1 billion USD, the same as the seed round, with a token price of 0.1 USD. Highlights of the auction include 100% unlock at TGE, 100% principal protection (refunded tokens will be burned to reduce total supply), no team token allocation, and funds will be deposited into low-risk DeFi protocols to generate yield.
The specific timeline (UTC) is as follows:
January 21 to 23, 10:00 (UTC+8): IDIA staker purchase period and reward round;
January 27, 4:00 (UTC+8) to January 29, 16:00 (UTC+8): Public round.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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