[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.]  FelipeKazuto 🇧🇷🇵🇹 | Kazuto.sui |「🦑」🐝 [@XFelipeKazutoX](/creator/twitter/XFelipeKazutoX) on x 1852 followers Created: 2025-07-24 17:00:09 UTC 🚨 Is 200M Tokens for Gate Fair? 🚨 Hello my friends! And here we go again with another controversy about IKA! Hahaha. It seems like the @ikadotxyz team never tires of getting into controversy, right? Well, the current controversy is the pre-sale of 200M $IKA Tokens on @Gate_io at a price of XXXXX cents. How about we analyze the points the community is criticizing first and then discuss each one, okay? I'll try to be honest and sensible, as I always strive to be. This post isn't FUD; it aims to bring clarity to everyone. ⚠️ Points raised: 1⃣ - 200M tokens (1/3 of the ika community's allocation) and no claim penalties. 2⃣ - Tokens sold to the original ika community by Sui, currently Sui is worth almost double, which would raise the acquisition cost of ika tokens to almost the Gate presale price. 3⃣ - With more tokens on the market earmarked for a sale, selling pressure on the TGE increases, whereas @d3h3d_ had previously stated that the intention was to control selling pressure. 4⃣ - With greater selling pressure, this may impact the claim penalty that the original ika community will receive, as the penalty is calculated based on a fixed FDV. If the token falls below this fixed FDV, the penalty increases and can generate claim rates of 70%, 80%, etc. 5⃣ – The Top XXX own XX% of the tokens, and they can sell and drive down the price over the heads of others. These questions are important and worthwhile. It does seem like an act against the community when you see all these questions like this, but let's take a closer look at each part and put it in an order that makes sense for the next one. Keep in mind that I've read several opinions and explanations from others and will cite them here in the post to help clarify the issue, as well as, of course, add my own thoughts at the end. 🔷 Sui Valuation So, let's start with SUI sales. Our friend @chainsoup did an interesting calculation. He used SUI at a price of $XXXX (a great price that was a recurring average during the Ika level-up campaign). Using this average price, if you take into account the current SUI valuation, you would have a cost per Ika token of $0.016, which is below the gate sale price, almost half the actual value (of course, many people bought SUI at lower prices; some friends of mine bought it at $XXXX and would have a higher cost in the end). But in the end, calculating based on SUI doesn't make much sense. After all, if we were to use this, we would have to complain to @Mysten_Labs about the purchase of SuiPlay. It was purchased for $600, with SUI being worth much less. If we were to take into account SUI's valuation, according to @Stoicsui's calculations, SuiPlay would be selling at a cost of $XXXXX. of $2,500, among several other token sales. So, in the end, there's no point in complaining about how much you paid in SUI. After all, you're certainly calculating in dollars. In any case, its cost is still extremely low compared to others. However, I still found the sale price at Gate to be much lower than the $XXXX paid by investors. I didn't like that, but I believe it has to do with the marketing, which I'll discuss below. 🔷 Marketing I'll add this point because it helps us understand all the following points. As you may have seen, in addition to the Gate presale, Ika partnered with @worldlibertyfi, a highly popular protocol with ties to Trump and expected to be used by the US government to make large contributions and investments in crypto. The presale is being conducted largely with the USD1 stablecoin, which is World Liberty's stablecoin. They also posted on their social media about the partnership with Ika and everything else. The post itself has already surpassed XXXXXXX views in just a few hours and should reach many more people. But let's go back a bit? I believe many people were excited when World Liberty started taking reservations in ETH, SOL, Cardano, and especially in Sui. Everyone said that Sui was gaining recognition and everything, right? Now let's analyze a point of view that @joaofernandeszk shared on his profile. So, now imagine that Ika held the pre-sale because of this partnership and did so to attract a new audience who, like many of us, believe that everything World Liberty is acquiring will be used by the US government and will be extremely valuable in the future. Even if these people don't use SUI or aren't part of the Ika community, they will want to acquire the token on exchanges because of World Liberty. Remember, these tokens aren't being given away as they are on Binance Alpha, but rather sold. So, people are paying for them, and paying a higher price than we do. Although the cost is lower than the $XXXX investors pay, in the end, this lower cost may be worth it for the marketing, and it also opens up opportunities for us to acquire more tokens at good prices. If this marketing ploy works, it may create greater buying pressure than selling pressure. One addition: Now knowing about this partnership, we can understand why Ika is so bureaucratic, why there is KYC and etc. This is to comply with US laws and enable partnerships like this. 🔷 1/3 of the airdrop allocation to the gate and selling pressure Now that we've analyzed the marketing aspect, let's analyze the quantity aspect. This is quite easy to analyze after the first few points. If people at the gate are paying more than we paid and will receive 1/3 of the allocation, even if everyone claims with the XX% penalty, that's still fewer tokens than we will receive, and we would still make more profit than them. Considering our cost was almost 5x lower than theirs, is 200M a large amount? Yes, I agree, but if the marketing ploy works, again, it could be very worthwhile. 🔷 XX% of the supply for just XXX people Since we're talking about quantity, let's address this point. Some people are concerned about this, but come on, guys, what do you want here? In this case, there's not much to do. It's quite simple. XXX people had more money and decided to take more risks than everyone else. The conditions were the same for everyone. If you wanted to be part of these 600, you just had to risk more. I'm part of these 600, and I'm telling you, I spent all the Sui I had at the time (which was all my money in crypto for investment). If I end up taking a loss, I accepted the terms. I put everything I had in because I thought the Ika project was incredible. So, if it works out, I'll have an absurd return, and if it doesn't, I'll take an absurd loss. But it's part of the game. The rules were the same for everyone. You received in proportion to your risk, and believe me, most of the XXX won't sell everything to others. Of course, they intend to sell a portion, but not everything. I'm one of them, and I'll leave a portion of the tokens to stake in the validators and be part of the Ika ecosystem. 🔷 Penalty greater than XX% Now let's talk about what I consider the most important and worthwhile point to discuss: the claim penalty. We've already been told that it will be calculated based on a fixed FDV. So, if the Ika token rises above this fixed value, the claim fee decreases, and if the token falls below this FDV, the fee increases. This point is a bit concerning. What if the marketing with World Liberty doesn't work? What if the buying force is less than the selling force? Everyone who wants to sell their tokens on the TGE is at a disadvantage. Otherwise, if you believe that the future holds a significant appreciation for Ika, this point won't bother you. Unfortunately, at this point, we have to wait and see how Ika will perform. Today's news wasn't well received in the pre-market, and the value dropped significantly, but unfortunately, we'll only be able to see the full effect at launch. So, at this point, we're at the mercy of the future, but we'll only find out in a few days. 🍃 My opinion on all this 🍃 At first glance, I didn't like it. To be honest, I thought it was absurd to give 1/3 of our allocation to an exchange that isn't even that relevant. Gate is one of the least important exchanges when it comes to relevance. I would have found it more plausible that this sale would happen on Kraken, but there must be agreements behind it that we don't know about. After seeing the announcement of the partnership with World Liberty and the sale being part of that partnership, and realizing that this is a marketing ploy, I understood the whole scenario better and started to see it all through a better perspective. But I still think that 200M is a large amount and the value of $XXXXX is too low. It could be around $0.04, but we can't do anything about that now, except wait and see on Tuesday. If the token falls below the FDV of the penalty, I won't claim any tokens and will wait for better token values (I intend to start holding a portion around $XXXX or $0.15). Of course, I'll keep in mind that I'll reserve it. Part of it will be used to stake in ika's validators. I still believe in the project and want to be part of its ecosystem. Finally, let's hope this marketing ploy will establish ika and attract people who want to learn about and invest in the project. What did you think of the points raised? Does it make sense? Let me know in the comments, and remember, let's debate in a civil and respectful manner. Share your thoughts. I'd love to read it, and I'd like to like and share it if possible. This post is almost XXXXXX characters long and was a lot of work to write.  XXXXX engagements  **Related Topics** [$ika](/topic/$ika) [hahaha](/topic/hahaha) [Post Link](https://x.com/XFelipeKazutoX/status/1948427998601818134)
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FelipeKazuto 🇧🇷🇵🇹 | Kazuto.sui |「🦑」🐝 @XFelipeKazutoX on x 1852 followers
Created: 2025-07-24 17:00:09 UTC
🚨 Is 200M Tokens for Gate Fair? 🚨
Hello my friends! And here we go again with another controversy about IKA! Hahaha. It seems like the @ikadotxyz team never tires of getting into controversy, right? Well, the current controversy is the pre-sale of 200M $IKA Tokens on @Gate_io at a price of XXXXX cents. How about we analyze the points the community is criticizing first and then discuss each one, okay? I'll try to be honest and sensible, as I always strive to be. This post isn't FUD; it aims to bring clarity to everyone.
⚠️ Points raised:
1⃣ - 200M tokens (1/3 of the ika community's allocation) and no claim penalties.
2⃣ - Tokens sold to the original ika community by Sui, currently Sui is worth almost double, which would raise the acquisition cost of ika tokens to almost the Gate presale price.
3⃣ - With more tokens on the market earmarked for a sale, selling pressure on the TGE increases, whereas @d3h3d_ had previously stated that the intention was to control selling pressure.
4⃣ - With greater selling pressure, this may impact the claim penalty that the original ika community will receive, as the penalty is calculated based on a fixed FDV. If the token falls below this fixed FDV, the penalty increases and can generate claim rates of 70%, 80%, etc.
5⃣ – The Top XXX own XX% of the tokens, and they can sell and drive down the price over the heads of others.
These questions are important and worthwhile. It does seem like an act against the community when you see all these questions like this, but let's take a closer look at each part and put it in an order that makes sense for the next one. Keep in mind that I've read several opinions and explanations from others and will cite them here in the post to help clarify the issue, as well as, of course, add my own thoughts at the end.
🔷 Sui Valuation
So, let's start with SUI sales. Our friend @chainsoup did an interesting calculation. He used SUI at a price of $XXXX (a great price that was a recurring average during the Ika level-up campaign). Using this average price, if you take into account the current SUI valuation, you would have a cost per Ika token of $0.016, which is below the gate sale price, almost half the actual value (of course, many people bought SUI at lower prices; some friends of mine bought it at $XXXX and would have a higher cost in the end). But in the end, calculating based on SUI doesn't make much sense. After all, if we were to use this, we would have to complain to @Mysten_Labs about the purchase of SuiPlay. It was purchased for $600, with SUI being worth much less. If we were to take into account SUI's valuation, according to @Stoicsui's calculations, SuiPlay would be selling at a cost of $XXXXX. of $2,500, among several other token sales.
So, in the end, there's no point in complaining about how much you paid in SUI. After all, you're certainly calculating in dollars. In any case, its cost is still extremely low compared to others. However, I still found the sale price at Gate to be much lower than the $XXXX paid by investors. I didn't like that, but I believe it has to do with the marketing, which I'll discuss below.
🔷 Marketing
I'll add this point because it helps us understand all the following points. As you may have seen, in addition to the Gate presale, Ika partnered with @worldlibertyfi, a highly popular protocol with ties to Trump and expected to be used by the US government to make large contributions and investments in crypto. The presale is being conducted largely with the USD1 stablecoin, which is World Liberty's stablecoin. They also posted on their social media about the partnership with Ika and everything else. The post itself has already surpassed XXXXXXX views in just a few hours and should reach many more people. But let's go back a bit? I believe many people were excited when World Liberty started taking reservations in ETH, SOL, Cardano, and especially in Sui. Everyone said that Sui was gaining recognition and everything, right?
Now let's analyze a point of view that @joaofernandeszk shared on his profile. So, now imagine that Ika held the pre-sale because of this partnership and did so to attract a new audience who, like many of us, believe that everything World Liberty is acquiring will be used by the US government and will be extremely valuable in the future. Even if these people don't use SUI or aren't part of the Ika community, they will want to acquire the token on exchanges because of World Liberty. Remember, these tokens aren't being given away as they are on Binance Alpha, but rather sold. So, people are paying for them, and paying a higher price than we do. Although the cost is lower than the $XXXX investors pay, in the end, this lower cost may be worth it for the marketing, and it also opens up opportunities for us to acquire more tokens at good prices. If this marketing ploy works, it may create greater buying pressure than selling pressure.
One addition: Now knowing about this partnership, we can understand why Ika is so bureaucratic, why there is KYC and etc. This is to comply with US laws and enable partnerships like this.
🔷 1/3 of the airdrop allocation to the gate and selling pressure
Now that we've analyzed the marketing aspect, let's analyze the quantity aspect. This is quite easy to analyze after the first few points. If people at the gate are paying more than we paid and will receive 1/3 of the allocation, even if everyone claims with the XX% penalty, that's still fewer tokens than we will receive, and we would still make more profit than them. Considering our cost was almost 5x lower than theirs, is 200M a large amount? Yes, I agree, but if the marketing ploy works, again, it could be very worthwhile.
🔷 XX% of the supply for just XXX people
Since we're talking about quantity, let's address this point. Some people are concerned about this, but come on, guys, what do you want here? In this case, there's not much to do. It's quite simple. XXX people had more money and decided to take more risks than everyone else. The conditions were the same for everyone. If you wanted to be part of these 600, you just had to risk more.
I'm part of these 600, and I'm telling you, I spent all the Sui I had at the time (which was all my money in crypto for investment). If I end up taking a loss, I accepted the terms. I put everything I had in because I thought the Ika project was incredible. So, if it works out, I'll have an absurd return, and if it doesn't, I'll take an absurd loss. But it's part of the game. The rules were the same for everyone. You received in proportion to your risk, and believe me, most of the XXX won't sell everything to others. Of course, they intend to sell a portion, but not everything. I'm one of them, and I'll leave a portion of the tokens to stake in the validators and be part of the Ika ecosystem.
🔷 Penalty greater than XX%
Now let's talk about what I consider the most important and worthwhile point to discuss: the claim penalty. We've already been told that it will be calculated based on a fixed FDV. So, if the Ika token rises above this fixed value, the claim fee decreases, and if the token falls below this FDV, the fee increases. This point is a bit concerning. What if the marketing with World Liberty doesn't work? What if the buying force is less than the selling force? Everyone who wants to sell their tokens on the TGE is at a disadvantage.
Otherwise, if you believe that the future holds a significant appreciation for Ika, this point won't bother you. Unfortunately, at this point, we have to wait and see how Ika will perform. Today's news wasn't well received in the pre-market, and the value dropped significantly, but unfortunately, we'll only be able to see the full effect at launch. So, at this point, we're at the mercy of the future, but we'll only find out in a few days.
🍃 My opinion on all this 🍃
At first glance, I didn't like it. To be honest, I thought it was absurd to give 1/3 of our allocation to an exchange that isn't even that relevant. Gate is one of the least important exchanges when it comes to relevance. I would have found it more plausible that this sale would happen on Kraken, but there must be agreements behind it that we don't know about. After seeing the announcement of the partnership with World Liberty and the sale being part of that partnership, and realizing that this is a marketing ploy, I understood the whole scenario better and started to see it all through a better perspective.
But I still think that 200M is a large amount and the value of $XXXXX is too low. It could be around $0.04, but we can't do anything about that now, except wait and see on Tuesday. If the token falls below the FDV of the penalty, I won't claim any tokens and will wait for better token values (I intend to start holding a portion around $XXXX or $0.15). Of course, I'll keep in mind that I'll reserve it. Part of it will be used to stake in ika's validators. I still believe in the project and want to be part of its ecosystem.
Finally, let's hope this marketing ploy will establish ika and attract people who want to learn about and invest in the project.
What did you think of the points raised? Does it make sense? Let me know in the comments, and remember, let's debate in a civil and respectful manner. Share your thoughts. I'd love to read it, and I'd like to like and share it if possible. This post is almost XXXXXX characters long and was a lot of work to write.
XXXXX engagements
