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Boop.Fun leading the way with a new launchpad on Solana.
They commit coins at below market value to incentivize new money to buy into the TreasuryCo equity at < 1x blended NAV at time zero.
This is how they create new issue concession.
21 tuntia sitten
I’m not the most intuitive at understand this stuff but why is the Story Foundation selling $82m at $3.40 when the market price is almost double that and just taking that money and buying on the open market over the course of the next 90 days?
What is the benefit and logic of this, and why would it be in their interest to lose $40m this way?
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