Conlist will open CyberConnect sales, this article discusses CYBER valuation expectations
Original source:Biteye
Original source:
Today is the sale time of CyberConnect on Conlist, is there any friends who hit it? How much is a $CYBER worth? Check out the valuation analysis below:
introduce
financing
Price Analysis under Benchmarking with Galax
VC round valuation comparison
future plan
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1. Introduction
1、CyberProfile：Three major sections of CyberConnect:
Decentralized identity, owned and managed by users, and the data/assets on its chain will be mapped to this identity;2. CyberConnect social graph:
3、CyberWallet：Deeply integrated smart contract wallet with CyberProfile and Social Graph.
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November 2021 Seed round: $10 M
Multicoin Capital and Sky 9 Capital led the round, with participation from Animoca Brands, Draper Dragon, Hashed, Smrti Lab and Mask Network.
May 2022 Series A: $15 M
Animoca Brands and Sky 9 Capital led the round, with participation from IOSG Ventures, Delphi Digital, Protocol Labs, Tribe Capital, and GGV Capital.
The public sale price of Conlist this time is $1.8, and the total supply is 100 million coins. The public sale ratio of CoinList accounts for 3%, of which 25% will be unlocked after going online, and the remaining 75% will be unlocked linearly and monthly within 6 months. Detailed distribution See below:
1. For community governance and voting;
3. It can be used as the gas fee payment method in the upcoming CyberWallet.
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3. Price analysis under the bid against Galax
Number of Galxe Passports: 238, 349; Galxe average MAU in the past three months: 39.5 w+
Data Sources
If CC is benchmarked against Galxe, according to Galxe's current circulation market value (from CoinMarketcap): $108,095,908, and the initial CC circulation is about 8.04%, it can be calculated that 1$CYBER=$13.44;
If the benchmark is based on the monthly activity data of the past month, it can be concluded that 1$CYBER=$11.2;
If the benchmark is based on the average monthly activity data of the past three months, it can be concluded that 1$CYBER=$13.1;
have to be aware of is:
2) This valuation method is calculated against the benchmark Galax, but the product development directions of the two are still slightly different, so the above valuation is only for reference.
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4. VC round valuation comparison
Therefore, after listing, it may be more reasonable for the price of 1 $CYBER to be higher than 3.
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5. Possible airdropFanClubPlayers who don’t have it can also do tasks to collect points. In the future, this score may be used as a standard for airdrops.
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6. Future planning
1) CyberConnect will launch the "Login with CyberConnect" SDK and the decentralized content publishing tool Link 3 Post in the second quarter;
2) In the third quarter, CyberConnect V3 will be launched and deployed on more chains, and the Cyber Wallet test version supporting ERC-4337 will be released;
3) The CyberConnect Ecological Grant Fund will be launched in the fourth quarter.
