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Backpack, when exactly is the TGE, what is the opening valuation, and roughly how many Perp traders are most concerned about these questions
According to the latest prediction data from Polymarket, market consensus is relatively concentrated
FDV is anchored between 1 billion and 1.5 billion USD, with the probability of stabilizing at 1 billion USD far exceeding half, and the median value of the core game is about 1.29 billion USD
As for the appropriate TGE, it also depends on the three major hard delivery conditions recently disclosed by bp founder Armani Ferrante (@armaniferrante)
1/ The automation system (Grid Bots/RFQ) will be formed next week, establishing the quote mechanism
2/ Vault is expected to go live within 1-2 weeks, as a capital reservoir opened in phases
3/ Ultimately, the ability to automatically market-make new tokens on the first day based on the above two
The core idea is that TGE takes time because the team needs to ensure that a liquidity system capable of supporting a valuation of 10 billion+ is built in advance
It seems that TGE is not far away, looking forward to a good result