Review of Virtual's IDO project $ARBUS data from yesterday
Due to the project upgrade announced by @virtuals_io the day before yesterday, the IDO was postponed by one day.
During this period, the original investment was 13,810 Pts, but due to the extended time, the actual investment yesterday was 15,772 Pts.
⚡️ $ARBUS was oversubscribed by 18 times
Compared to the previous $AXR which was oversubscribed by 25 times, it's slightly less impressive.
Invested 13,810 points
Invested 12 $VIRTUAL, ultimately returned 8.12 $VIRTUAL
Actual investment: 13,810 points + 3.88 $VIRTUAL
Total income: 34,269.3 $ARBUS
Based on yesterday's average $VIRTUAL price of 2U
Actual investment was 7.76 U
With a market value of 12M, it can be sold for 435U
💥 ROI = 55X
Currently, it seems that the post-launch multiplier is still largely related to the oversubscription ratio. It is still recommended to choose projects with higher popularity to maximize your point returns.
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