This message is clearly a great disrespect to the community. An FDV of $3-7 m was the team's initial plan. If there is no hard cap, why set a price in the first place? I believe the project would not have faced FUD if all this information had been clarified at the very beginning.
In my view, the project has quite a few issues: there is no community communication channel, no specific explanation of the terms on X.
,and community members receive insufficient responses once they deposit funds. It gives me the impression that the project team intends to penalize those depositors who did not read the terms thoroughly. All these issues are more than enough to make me believe that the project does not deserve a $36m valuation.
Additionally, I would like to mention that this project is built on Magicblock @magicblock, and what everyone values more is the project endorsement from Magicblock. If the project's market value falls far short of $36 million after TGE , I believe the Magicblock project will also fail as a result. A good team should focus on the future and listen to the community's opinions. If most members of the community are dissatisfied, why insist on those wrong decisions and make more people oppose you?
From X
Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.


