Information asymmetry is class disparity

You are fighting for a 250M FDV on the exchange, while I am stable at a cost level of 130-140M in Aspecta.

Today, I will review my strategies for participating in Aspecta BuildKey V2 (FightID) throughout the process, all valuable insights, highly recommended to bookmark.

1️⃣ BuildKey V2: The evolution from 'speed competition' to 'strategy competition'

Old fans all know that I started playing Aspecta from the V1 stage. Back then, as long as you had BNB, you could mindlessly participate in new projects, even getting hundreds of Keys. But now the bonus period has entered deep water, the number of participants has surged, and the quotas have been extremely diluted.

But I actually have more confidence in the current V2 mechanism because it addresses two fatal pain points:

  • Auction Mode: The price decreases in the 5 minutes before the opening. Previously, V1 was often instantly drained of bottom chips by scripts/bots, leaving ordinary people in hardship. Now, with this decreasing mechanism, you can rush if you think the price is right, and wait if it's not, effectively eliminating the technical advantage of bots and returning pricing power to the human eye.

  • Tiered grouping system: The more you hold $ASP , the higher the grouping weight. Essentially, this filters for 'real contributors' (previously it was BNB participation, but it has now changed to ASP).

2️⃣ Logical game: The 'vacuum zone' at a price of 140M

Why did I dare to decisively open a position at 140M?

After logging into the Aspecta pre-market on FightID, I immediately researched its background: the public sale price is benchmarked against 150M FDV.

  • Observation point: After the opening surge and retreat, the price surprisingly consolidated between 130M and 150M for a long time.

  • Inference: If a top-tier project breaks below the public sale price before launch, it is devastating for the project's credibility. The price of 140M not only serves as a strong 'valuation anchor', but is also a highly certain valuation gap.

  • Action: Without hesitation, I decisively increased my position and went long near 140M.

3️⃣ Three-pronged explosion: From 150M to 300M counterattack

Everyone has seen the subsequent developments; the actions of the project party are textbook-worthy:

  1. Top endorsement: Coinbase officially announces List $FIGHT.

  2. Emotional explosion: A top KOL matrix massively shouts orders, overshadowing competitors.

  3. Stroke of genius: Announcing full refunds for public sale users and offering free airdrops. This combination directly pushed the valuation to 250M.

On the day of the launch on Binance Alpha, market sentiment went completely crazy, with the price once soaring above 300M.

4️⃣ Advanced operation: 'Cross-address hedging' under single address restriction

Here’s a practical detail: Currently, Aspecta platform does not support dual-direction trading for a single address (i.e., if you buy Key, you cannot open a short at that address).

To lock in profits, I switched to a second address and opened a small short position for hedging near the FOMO high point at 300M.

  • Logic: Even if there is a retreat after TGE, my short position can still profit; if it continues to rise, the value of my long position Key is higher.

  • Result: This operation directly helped me 'hedge' the chips gained from Alpha points in advance, avoiding severe fluctuations in the early stages of launch.

5️⃣ Settlement and wrap-up: A surprising 360M

In the end, $FIGHT went live on Binance, and FDV surged to 360M.

  • Delivery process: Long positions successfully exchanged Key for Token 2 hours after TGE; short positions delivered the chips gained from Alpha points.

  • Reflection: Although the long position experienced a slight price pullback due to a 2-hour delivery delay, the overall yield was still good due to low costs.

Where is the next opportunity?

Those who missed $River are already crying, and those who missed FightID are reflecting. Aspecta's BuildKey V2 has already proven: as long as you understand the mechanism, can identify benchmarks, and dare to enter during 'valuation mismatches', this is the best profit amplifier in Web3.

Currently, founder @jackhe24 has clearly hinted: in the future, new projects will continuously be launched based on community submissions and voting. This means BuildKey is no longer an occasional 'lottery', but a continuous Alpha pipeline.

A final heartfelt word

The above analysis does not constitute any investment advice.

Everyone sees that my operation this time seems smooth, but I want to say: 'being trapped' is the core competitive advantage of research and investment. To be frank, I was trapped by the previous ASP, which motivated me to calm down and thoroughly study this complex mechanism, unlike in the past when I blindly participated in new projects.

In this day and age, who has time for in-depth research if they haven't been trapped? Behind every successful BuildKey order is an 'diamond hand' forced into evolution. When will the gold shovel attribute of $ASP awaken?