Most likely, it will be the first TGE in July: GRVT @ grvt_io Led by ZKsync, the cumulative financing is approximately $33 million to $34 million, with Series A raising $19 million ———————— TGE has been scheduled for July 21st. I have already received it in advance: Coinbase Coin Roadmap • Binance Wallet Booster Campaign We still need one Upbit I heard that the team has been in contact with Upbit for a long time, but it is not true to the original The market has been quiet for too long, and when it opens on July 21st, the initial heat of GRVT may be quite exaggerated ———————— The most important update today is the official launch of airdrop registration and Multiplier mechanism The total allocation for GRVT's Community&Airdrop is 28% According to the currently announced plan: 1x: TGE will be collected on the same day 2x: Corresponding to a 4-month plan 4x: Corresponding to an 8-month plan The 2x and 4x here correspond to the allocation weights within the fixed airdrop pool, and do not involve additional issuance This mechanism is very interesting, essentially an open game Assuming everyone chooses 1x, the distribution will be based on the original points ratio, resulting in a relatively fair outcome Assuming everyone chooses 4x and their weights are amplified simultaneously, the final allocation will still be based on the original score ratio If a large number of users choose 4x, the weight of users who insist on 1x in the fixed pool will decrease, and the actual number of claims may be much lower than expected It can be considered a standard prisoner's dilemma. ———————— Based on the current implied pre market valuation of approximately $300 million for @ Aspecta, GRVT, as an exchange project with real products, institutional background, and differentiated revenue scenarios, is priced reasonably overall This also means that the 8-month 4x plan is likely to appeal to many people If a higher proportion of users ultimately choose the long-term plan, both the initial TGE circulation and the first day selling pressure need to be re estimated The nominal airdrop quantity on the page is no longer as important ———————— I am optimistic about the second level performance of GRVT The project team is actively controlling the initial circulation through the Multiplier mechanism, and the long-term plan may significantly reduce the opening selling pressure At the same time, there is a potential long-term hedging of the Air Force's opponent disk Standard structure