2026-01-16 13:30:14

It seems that the token generation event (TGE) for $FUN( performed quite well, but when you do the math, it's not so optimistic.

According to the ICO unlock schedule—50% unlocked at TGE, with the remaining 50% released in installments—the actual returns for early investors are basically break-even. The amount invested and the current book value are about the same, with no real profit.

This is interesting. If ICO investors can only break even in the end, what's the point of taking this risk? The early risk was so high, and after putting the principal into TGE, the result is just capital preservation? Is this what they call the "ICO revival"? How is that different from conservative financial management?

FUN27,06%

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OnChain_Detective

· 11h ago

ngl the vesting schedule here screams red flag... 50% unlock at TGE then drip feed the rest? pattern analysis suggests this is textbook value destruction tbh. early investors took all the risk, got absolute zero upside, now sitting on breakeven bags while being told it's a "revival" lmao

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NFTBlackHole

· 11h ago

Getting your principal back is already pretty good; I've seen crazier things... The 50/50 unlock scheme has long been played out.

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PaperHandsCriminal

· 11h ago

Oh, breaking even makes you a winner, what else do you want? What's the point of investing in this stuff? The early risks are so high, and you still have to wait for unlocks, just like a fixed deposit. Is this what you call a revival? I spit on that. I should have just bought financial products from the start. TGE gets dumped right after hype, who’s to blame? I should have run when the 50% unlock happened, now it's too late to regret. Breaking even? I even lost money, don’t talk about breaking even. Who still trusts ICOs? This scam of cutting leeks has been played out for so many years. Is capital preservation considered a success? Then I might as well go to the bank, the interest is higher. Early investors are just here to endorse, and in the end, they still lose.

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CoffeeOnChain

· 11h ago

Breaking even is already good, but the buddies I know are still losing money.

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SilentObserver

· 11h ago

Break even? What’s so called ICO revival? It’s just a new trick to cut the leeks. --- Early investors took such big risks just to preserve capital? I have to laugh. --- The 50% staged unlock scheme, isn’t it just to extend the cycle for easier exit? --- Rather than calling it a revival, it’s more accurate to say “Leek Cutting Revival.” --- Book value = 0 profit, what’s the difference between this and a fixed deposit at a bank? --- With such high risks, and this is the result? I’d rather buy government bonds. --- The unlock arrangement clearly shows what the project team is thinking. --- Are there still people being fooled by this TGE scheme? --- Breaking even is already pretty good? That makes my skin crawl. --- Investing in early projects is all about doubling your money, but now it’s all about preserving capital.

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