GSR Background With $100M in cumulative funding, the Web3 financial giant @bluwhaleai is making waves this month with the GSR project. The market push is seriously intense! (Project intro in the first comment below) bluai exchange mini-grand slam: Binance Alpha: 19:00 Binance Futures: 19:30 OKX: 20:00 Kraken: 20:00 Gate: 20:00 MEXC: 20:00 LBank: 20:00 KuCoin: 20:00 DEX trading: PancakeSwap (BSC): 20:00 (https://pancakeswap.finance/swap?outputCurrency=0xed9ae3def8d6f052971bb8b6d1975ff267cf9aad&chainId=56&inputCurrency=BNB&chain=bsc&chainOut=bsc) Cetus (SUI): October 22, 20:00 Funding Background: 2022: $8M led by SBI Ven Capital and GSR, cost $0.0045 2023: Node sale, $24M, sold out in 28 minutes 2024: KOL round, $12M, cost $0.006, TGE with 12-month lock-up 2024: Series A, $46M co-led by HashKey and Gate, cost $0.01 2025: Strategic round, $10M co-invested by Sui, Arbitrum, and Tezos Foundation 90% of investments are instant payouts, with the remaining 10% tied to milestone unlocks as proposed by CZ, to be completed post-TGE. --- Tokenomics: Allocation: – Node rewards: 25% (2.5B) – Ecosystem/Marketing: 20% – Team: 15% – Investors: 15% – Treasury: 10% – Foundation: 10% – Airdrop: 5% Unlocking: – Team/Investors: 12-month cliff + 36-month linear release – Nodes: Released based on "call volume + lock-up duration," max 48 months Burning: – AI queries: Burn 10–200 BLUAI per query (dynamically adjusted) – Agent subscriptions: 30% of revenue automatically sent to black hole address – Estimated first-year burn: 110M–140M tokens, 8–10% of circulating supply Valuation Benchmark: – Benchmarking similar AI+DePin projects (Render, Akash), PS range 15–25x; based on projected 2025 protocol revenue of $12M, reasonable circulating market cap is $180M–$300M, corresponding to a token price of $0.014–$0.023, still offering a theoretical upside of 40–130% compared to Series A price of $0.01. NFA