Selling:
Asset: Notion Labs
Tranche: $1m +
Pricing: 20% discount to previous round
Any questions: DM @otcnick
Asset: Notion Labs
Tranche: $1m +
Pricing: 20% discount to previous round
Any questions: DM @otcnick
Selling:
Asset: Phantom Wallet
Tranche size: $1m+
Pricing: Discount to previous round
Any questions: DM @otcnick
Asset: Phantom Wallet
Tranche size: $1m+
Pricing: Discount to previous round
Any questions: DM @otcnick
Key takeaways on Web3 secondary market in October by SecondLane
- Record amount of offers of over $0.5 bln USD, mostly due to the FTX claims on the market
- $516M in Asks and Bids
- 1.6x growth in amount of offers since September
- $1.9M median Buy Ask vs $1.0M median Sell Offer
- 19% median spread on FDV of Buy/Sell IOIs of the same projects
- 2x median spread on minimum amount of Buy/Sell IOIs of the same projects
- top projects: FTX claims, Starkware, EigenLayer, RiscZero, Arbitrum, Optimism, Aleo, Circle, Sei, Nansen
- 55% SAFT and 45% equity deals
- 81% (Pre-)Seed, 19% Rounds A-D - shift from later to earlier stages almost tripled
- 53% of offers on L1, L2, DeFi, blockchain services and infrastructure
Subscribe for insights:
Twitter
DM for any questions @otcnick
- Record amount of offers of over $0.5 bln USD, mostly due to the FTX claims on the market
- $516M in Asks and Bids
- 1.6x growth in amount of offers since September
- $1.9M median Buy Ask vs $1.0M median Sell Offer
- 19% median spread on FDV of Buy/Sell IOIs of the same projects
- 2x median spread on minimum amount of Buy/Sell IOIs of the same projects
- top projects: FTX claims, Starkware, EigenLayer, RiscZero, Arbitrum, Optimism, Aleo, Circle, Sei, Nansen
- 55% SAFT and 45% equity deals
- 81% (Pre-)Seed, 19% Rounds A-D - shift from later to earlier stages almost tripled
- 53% of offers on L1, L2, DeFi, blockchain services and infrastructure
Subscribe for insights:
DM for any questions @otcnick
Selling:
Asset: FlamingoDAO
Tranche size: 125,000 units
Pricing: 1x NAV
Notes: DAO membership is limited.
Any questions: DM @otcnick
Asset: FlamingoDAO
Tranche size: 125,000 units
Pricing: 1x NAV
Notes: DAO membership is limited.
Any questions: DM @otcnick
Selling:
Asset: Shade Protocol (SHD)
Tranche size: $125,000
Pricing: 60% discount from spot
Note: Locked tokens
Any questions: DM @otcnick
Asset: Shade Protocol (SHD)
Tranche size: $125,000
Pricing: 60% discount from spot
Note: Locked tokens
Any questions: DM @otcnick
Selling:
Asset: PYTH
Tranche: $5m +
Pricing: Discount to spot
Note: Locked tokens
Any questions: DM @otcnick
Asset: PYTH
Tranche: $5m +
Pricing: Discount to spot
Note: Locked tokens
Any questions: DM @otcnick
Buying:
Asset: FTX Claims
Tranche: Unlimited
Pricing: Case by case basis, based on volume
Any questions: DM @otcnick
Asset: FTX Claims
Tranche: Unlimited
Pricing: Case by case basis, based on volume
Any questions: DM @otcnick
Selling:
Asset: X (Formally Twitter)
Tranche: $30m+
Pricing: Less than Elon paid
Any questions: DM @otcnick
Asset: X (Formally Twitter)
Tranche: $30m+
Pricing: Less than Elon paid
Any questions: DM @otcnick
Selling:
Asset: Celestia (Locked TIA tokens)
Total size: 350,000 tokens
Pricing: $5 per token
Any questions: DM @otcnick
Asset: Celestia (Locked TIA tokens)
Total size: 350,000 tokens
Pricing: $5 per token
Any questions: DM @otcnick