Introduction to the 6th Prime Sale Pre-TGE project Espresso (ESP), requires 3 BNB

Streamlined version:

Founded in 2020, a U.S. project, raised $60 million, led by a16z. Binance TGE raised at $0.069638 (equivalent to a $250 million FDV, market cap around $37.5 million) which is within the normal valuation range. Considering the current market downturn, the timing for TGE feels quite inappropriate, seemingly out of sync with the market. However, all 5 historical projects from Prime Sale have yielded over $100 pure profit, so participation is encouraged.

After Pre-TGE, keys will be received, and the listing trading time will await notification.

Overview: Founded in 2020, a U.S. project, raised $60 million, led by a16z, provides a fast and secure cross-chain confirmation layer for Rollup.

Total supply: 3.59 billion

Initial circulation: 538.5 million (15%)

Binance Pre-TGE total supply: 53.85 million (1.5%)

Total fundraising amount: $3.75 million (approximately 6048 BNB, with BNB priced at 620)

New listing price: $0.069638 (FDV $250 million, market cap $37.5 million)

Single user new listing limit: 3 BNB

Time: February 10th, 20:00~22:00

For more information, see the announcement:

https://www.generallink.top/en/events/primesale-espresso