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![DeRonin_ Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1414948050817196037.png) Ronin [@DeRonin_](/creator/twitter/DeRonin_) on x 83.7K followers
Created: 2025-07-22 13:02:15 UTC

sold my @EspressoSys at XXXX ETH

quick thoughts on their launch:

> $400M FDV (too much for them, since up-size is only till ~1B)
> X year cliff, after 50%, then linear XX% distribution
> cross-chain with no big use case and affect
> no benefits for kaito yappers, one more private round
> are we playing in venture builders now???

hope that further launches on Capital Launchpad will be more tasty

at least for active contributors...

for now, we're getting only private round terms...

definitely, i skip the sale

sadly that i didn't sell it at $1k+, but lesson is taken

gg

![](https://pbs.twimg.com/media/GwdqtSlWwAEs59n.png)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947643354381996490/c:line.svg)

**Related Topics**
[launchpad](/topic/launchpad)
[playing](/topic/playing)
[$400m](/topic/$400m)
[ethereum](/topic/ethereum)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/DeRonin_/status/1947643354381996490)