Fogo completed its funding round this week, with a $350M valuation, raising $7M through a Prime round on a leading platform. The TGE will start on January 15th. Interestingly, they listened to the community's feedback and adjusted the funding terms, resulting in over 40 times oversubscription—seems like community feedback can really change the game. This project is worth paying attention to, especially considering how enthusiastic participants are about the improved terms, indicating that the design optimizations truly address market pain points.
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Fogo completed its funding round this week, with a $350M valuation, raising $7M through a Prime round on a leading platform. The TGE will start on January 15th. Interestingly, they listened to the community's feedback and adjusted the funding terms, resulting in over 40 times oversubscription—seems like community feedback can really change the game. This project is worth paying attention to, especially considering how enthusiastic participants are about the improved terms, indicating that the design optimizations truly address market pain points.