[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![NDIDI_GRAM Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1642738009.png) HEADBOY 🦇🔊 [@NDIDI_GRAM](/creator/twitter/NDIDI_GRAM) on x 204.2K followers
Created: 2025-07-22 06:12:21 UTC

This didn’t turn out the way many of us expected.

For most of us, we thought it would be an opportunity for community members to buy into the project at a price lower than the last funding round valuation.

This feels like an investment platform similar to Echo; one that offers long-term exposure to community members. Basically, VC dealflow but on a community level.

We expected priority access for community members from both Kaito and Espresso, but that doesn’t seem to be the case.

Sale Details:
▪️Mandatory KYC
▪️No distribution at TGE
▪️50% unlock after a 1-year cliff
▪️50% linearly distributed over the following year
▪️Total vesting period: X years (including cliff)
▪️Buy valuation: $400M FDV
▪️Last funding valuation: N/A

This raises a lot of concerns: 
Not many people are willing to go through KYC. And even if they do, will they still be comfortable buying under these terms?

![](https://pbs.twimg.com/media/GwcNeyFXYAA5h6H.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947540196817355212/c:line.svg)

**Related Topics**
[longterm](/topic/longterm)
[investment](/topic/investment)

[Post Link](https://x.com/NDIDI_GRAM/status/1947540196817355212)