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Naoris Protocol (NAORIS) will be launched on Binance Alpha at 12:00 on July 31, 1928374656574839201 UTC. How to estimate the coin price and perform trading operations?
Background: Launched in 2017, a network service provider that enhances the security of the entire blockchain stack using post-quantum cryptography and Swarm Ai as a foundational layer.
Financing: 2 rounds totaling $14.5M
Business: Testnet Data Post-Quantum Transactions 100,503,620
Wallets 3,348,471
Security Nodes 1,065,154
Threats MitiGated 474,920,371
Community: X 310K, DC 170K, TG 45K
Tokenomics: Total supply 4 billion, initial circulation approximately 11%, VC accounts for 16.23% of the coin, community 34%
The basic utility is complete.
Valuation: 1( public sale price $0.125, corresponding FDV $500M, 100% unlocked
2) According to this, the VC valuation is approximately $90M
Conclusion: The main concept is a quantum-resistant blockchain that enhances network security. There doesn't seem to be too many similar protocols in the market. In terms of valuation, the public sale should not incur losses, but it also won't yield significant profits. The team itself holds a large amount of coins. Overall, an opening price of $0.2 is reasonable; if it reaches $0.25, it would be overvalued.
Due to some information not being disclosed, analysis cannot be conducted at this time. If there are updates later in this article, they will be followed up in the comments section.