Web3 Game Fundraising in a Crypto Winter - Crypto Corner
Naavik Gaming Podcast
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Is the Circulating Market Cap a Tenth of the Fully Dilued Valuation?
Most projects, especially in the game fi metover space, will see a circulating market cap that is less than a tenth of the fully diluted valuation. It's very hard to justify right now that 490 million dollars a bid is going to come in in the next three years to sort of keep your price the same. If there's no bid and they're just mulating accumulating, you're going, o,you're going toi impact pricing. That's wherethe the miss pricing mostly happens.
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