Fogo announced the details of their ICO yesterday:
$1B USD FDV. So the 2% supply would result in a $20M USD raise.
Sale will happen December 17th and TGE is confirmed for January 13th.
Presale allocations are 100% unlocked at TGE, together with mainnet, they also announced that they burned 2% of team supply.
$1B USD obviously is a lot, pre-market perps on Hyperliquid currently have FOGO at $1.3B USD FDV.
Honest thoughts?
@karbonbased Funny how under this post there’s more slop replies.
Inf0Fi projects like Kait0 Y@ps, G@lxe, L@yer3, Cook1e, W@llchain have caused so much harm by incentivizing AI bot networks.
We need to be able to hide accounts / posts by country at minimum.
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