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DeFi Warhol
@Defi_Warhol
Tiering everything in crypto 5k MMR in research 15k MMR based tier list enjoyer Contributor KOL fren @GREEND0TS
Joined April 2023
1.6K Following    45K Followers
The @linera_io sale is turning out pretty much as I expected. Only ~$93K of the $3.2M target has been committed so far. The main culprit here is the crazy high FDV ($160M). For comparison, @WalletConnect sold at a $200M FDV in 2025, despite already being one of the most established infrastructure products in crypto. That makes $160M for Linera hard to justify at this stage. At least for me. I think somewhere around $50M to $100M would’ve made the sale much more attractive and left buyers with a better risk-to-reward setup. At this FDV, I'll pass thank you.
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