Another "Prince" Project

The Arcium ecosystem prince @UmbraPrivacy will launch a new project on MetaDAO from the 6th to the 10th of this month.

Let's break it down one by one 👇

1/ Who is Arcium?

It is:

A top-tier Solana project with a total funding of $14 million, a parallel computing (privacy) network.

A "co-founder harvesting machine." It has received investments from various co-founders including Solana co-founders, DoubleZero co-founders, Dune co-founders, OG co-founders, Jupiter co-founders, Manta co-founders, Wormhole co-founders, Jito co-founders, Backpack co-founders, and Monade co-founders.

2/ Who is Umbra?

It is: A privacy trading platform based on the Arcium confidential computing network.

Currently, the public beta version of the Umbra application has been launched, supporting features such as private transfers.

Potential use cases for Umbra include:

Confidential payroll systems (employees cannot see each other's salaries)

Anonymous voting for DAOs

Invisible trading strategies

Confidential business partners and transactions

Token distribution

10 million ICO tokens (corresponding to a funding of $750,000)

5 million liquidity tokens

13.5 million team allocation (locked for 18 months)

The total supply of tokens at launch is 28.5 million.

Calculating this, the initial FDV of the tokens at launch is $2.13 million.

3/ Conclusion

I have always been cautious about the privacy track.

On a technical level, privacy computing is indeed a necessity.

However, on a user level, most people place far less importance on privacy compared to convenience.

On a regulatory level, completely anonymous financial tools face policy risks.

Reasons for optimism include:

A low initial FDV + a long-term locked team allocation combination.

The technological moat of the Arcium ecosystem.

The long-term value of the privacy computing track.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。