💞 #Gate Square Qixi Celebration# 💞
Couples showcase love / Singles celebrate self-love — gifts for everyone this Qixi!
📅 Event Period
August 26 — August 31, 2025
✨ How to Participate
Romantic Teams 💑
Form a “Heartbeat Squad” with one friend and submit the registration form 👉 https://www.gate.com/questionnaire/7012
Post original content on Gate Square (images, videos, hand-drawn art, digital creations, or copywriting) featuring Qixi romance + Gate elements. Include the hashtag #GateSquareQixiCelebration#
The top 5 squads with the highest total posts will win a Valentine's Day Gift Box + $1
Is Cysic's NFT good? @cysic_xyz
📑First, let's state the conclusion
Although it's difficult to make a lot of money, it's also not easy to lose a lot.
💵Cysic is a decentralized computing network focused on zero-knowledge proof generation, having raised a total of $18 million. I won't go into too much detail about the technical advantages of this project, to be honest, I don't quite understand it either. Even if I copied it over, not everyone would necessarily understand it, so today we will only analyze its NFT.
🔶This NFT sale is divided into 4 tiers, each with different prices and corresponding airdrop shares. A total of 2900 NFTs correspond to a total token amount of 16.45M (accounting for 1.65% of the supply), with 50% unlocked at TGE and the remaining released over 6 months. Please see the table below for details:
🔶Unlock rules
50% will be unlocked at TGE, then 30% will be unlocked after 6 months, and all remaining will be unlocked after the 6th month. Please see the table below:
To be honest, this result rule is a bit unfriendly~~~
🔶Profit Analysis
For this type of linearly unlocked token, it is generally difficult for the price to rise again afterwards, with TGE being the peak. Assuming we do not consider the remaining 50% of the tokens and only focus on whether we can break even at TGE, let's calculate the required token price and the corresponding market value. Please refer to the table below:
PS: In the table above, we only calculated the return situation of the TGE unlocked tokens. In fact, tokens are unlocked every month, and with such a large financing scale and technical support for the project, it is impossible for the tokens to go to zero within 6 months. Therefore, there is no need to be so pessimistic. As I mentioned at the beginning, even if there is a loss, it won't be significant.
🔶Special Note
A while ago, there was a project whose NFT was particularly popular, called Momentum. At that time, the project had a total of 50,000 NFTs, and no one was optimistic about it, so not many people participated. As a result, the project team finally turned things around, giving away the NFTs for free and refunding the full amount to those who participated.
So will Cysic come back to reverse it???
I think there is a possibility, and it's not small. First of all, the unlocking rules for the tokens in the NFT airdrop are daunting, and secondly, the price of the IDO is also not high, so the expected returns are not great. If all the NFTs are sold out, the project party will instantly earn over 3 million dollars, so I judge that it is very likely that this NFT will be difficult to finish.
Current project teams are very shrewd; they probably know the flaws in such designs, and many KOLs have even raised objections. But why do they insist on going their own way? This is very likely a hidden big gift set by the project team.
Nearly 30,000 NFTs, if only a few thousand are minted in the end, the project party directly unlocks the entire TGE, or offers a full refund, or even doubles the number of tokens, it actually won't cause selling pressure, but for the participating users, that is an unimaginable fortune.
Of course, all of the above is my personal speculation, and any resemblance is purely coincidental.
Finally, I suggest that friends who qualify for the first tier NFT give it a try, just in case they stumble upon the hidden big gift set by the project team???