Ink (INK)

Nado Points Valuation:

We have a fixed weekly point emission, and the team has confirmed Nado users will be airdropped at the same time $INK TGEs, good news. Updated napkin math:

- Alpha points: 8m
- Feedback points: 80k
- Builder/Comp points: 8m
- Weekly points: 950k
- TGE: 40 weeks
= 54.08m total points

- FDV: $1b (bull-case today)
- Circ mcap: $300m
- 8% of $INK to Nado

= $1.48 per point

I originally assumed 750k weekly points, but it’s 950k, some increased dilution, though I've adjusted TGE date for Oct 26.

8m points are allo'd for builder programs and trading comps. Team stated unused points will be removed from the final total.

Season 1 has started and @nadoHQ remains invite-only as it transitions to open beta.

I appreciate the support and kind DMs recently.

My Nado Invite code: A4PqLKe

Now that point emissions are fixed, we now know what our weekly cost per-point should be, which is under $0.50.

Inkscore link is not yet public,
tydro and nado are confirmed for airdrop, and GM's transaction count and bridge volume, as well as meme trades on InkyPump, are being counted. There's also a button to mint a Score NFT.

X's Bio says it's not related to INK or the KRAKEN team, yet the official account is featuring it.
Those participating in Ink's airdrop might find this useful

Nado Points Value Forecast:

Based on my napkin math, still early doors since weekly point emissions aren’t locked in yet, but based on:

- Alpha points: 8m
- Weekly points: 750k
- TGE: 49 weeks
= 45m total points

- FDV: $1b (bull case)
- Circ mcap: $300m
- 8% of $INK to Nado
= $1.79 per point

This is based on a $300m market-cap, 30% $INK initial float, and 8% allocated to Nado. Tydo is expected to get 4%, so this might be a bit optimistic.

If $INK TGEs far in advance of @nadoHQ airdrop, it would be so bad for us farmers.

Ink chain TVL currently sits at $523.8m. If Kraken really push Ink and integrate it somehow with aggressive incentives, then we could maybe see a more bullish scenario.

I’ll continue to farm unless something highly -EV happens, such as, too small a share of INK, or INK having a large initial float. I just wanna see Krakens motive/plan with $INK.

My Nado code = A4PqLKe