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Post #2706 15

Forwarded from Stolit Gems (Stolit (Never DMs First))

🔸 $CT - Concrete this finally launching today on Binance lab, got some fundings from Yzilabs.

Official ca : 0x0A092E544DA31150b439a1aAA1A3a2214a867F46

My thesis :
Real product, real TVL, real names (Polychain, YZi, VanEck, BitGo). That is better than a fresh Alpha shell. The problem is the token. They wrote that $CT is not equity and does not share profits, then left the allocation table unpublished into the listing. $110M FDV on a governance token with no fee claim is already a story. $280M OTC is a stretch unless vaults start paying stakers in a way the whitepaper does not promise. Fine as a small Alpha event. Not a hold until the unlock schedule is public, seeing some chatters in Korean community though. So lets see how launch goes.
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