Why might the returns from this Binance IEO exceed everyone's expectations?
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Why might the returns from this Binance IEO exceed everyone's expectations?
Due to different market sentiment, the circulating market cap after launch is higher than in previous periods.
Navigating Web3 tides with focused insightsAuthor: Riyue Xiaochu
Many people may not realize that the current Binance Launchpool could offer significantly higher returns than previous ones. There are two main reasons:
1) The market sentiment is different, so the post-listing market cap will likely be much higher than in previous rounds;
2) The mining duration is shorter—previous pool projects lasted around 30 days, but this one only lasts 5 days. Therefore, the daily mining output is much higher.
Specifically, ACE has an initial circulating supply of 21.97 million tokens. Given current market conditions, its price could range between $8 and $20. In bearish markets, Launchpool projects typically achieve circulating market caps between $60 million and $120 million. But with the current bullish momentum, ACE’s market cap could exceed $200 million.
The total amount allocated for pool mining is 10.29 million ACE tokens, with a BNB to FDUSD allocation ratio of 4:1. Due to the shortened 5-day period, daily mining rewards are substantial: 1.64 million ACE for BNB stakers and 410,000 ACE for FDUSD stakers per day.
In past rounds, BNB deposits were around 7M, and stablecoin deposits reached about 800M. However, participation this time is clearly higher—BNB deposits have already reached 12M, and stablecoin deposits have hit 900M. We estimate final BNB deposits at 14M and stablecoin deposits at 1 billion USD.
Assuming a token price of $10, the daily return would be approximately 0.5% for BNB and 0.4% for FDUSD. This translates to annualized yields of 183% for BNB and 146% for FDUSD.
If luck is on our side when the token launches—BTC is rallying and market sentiment is extremely bullish—the price could reach $20. In that case, BNB’s annualized yield could hit 365%, and FDUSD’s could reach 292%.
Project Overview
1) Fusionist is a gaming universe featuring collectible NFTs and three core gameplay modes: Colonization (a building simulator), Conquest (turn-based tactics), and Unification (explore, expand, exploit, exterminate). Players take on the role of mech commanders managing their own planets, gathering rare resources, upgrading technology, scanning blueprints to build mechs, and establishing production pipelines. Through PvP and PvE battles, they form interstellar fleets and conquer galaxies. Fusionist also developed Endurance, which offers social and foundational services such as NFT display and auction houses.
2) The core team behind Fusionist comes from Tencent, bringing extensive game development experience. The team disclosed a $6.6 million investment from Binance Labs in 2022. For more details, refer to the First-Class Research Report.
3) The ACE token has a total supply of 147 million, with an initial circulating supply of approximately 21.97 million (14.95%). Binance Launchpool receives 7%, OKX Jumpstart gets 1%, along with allocations for investors and incentive pools.
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