Interesting market phenomenon: Betting on ICO fundraising scale returns on Polymarket actually outperformed the returns from purchasing the tokens themselves. What does this reflect?

First, the MetaDAO premium is not as strong as advertised. The secondary market pricing shows a clear deviation from the expectations set in the primary market, which warrants attention.

Second, ICO project teams should proactively adjust their fundraising strategies and move toward a more cautious and fair valuation system. The current sky-high funding rounds are clearly detached from fundamental support.

Third, the most telling point is: betting on market pricing is more profitable than betting on token appreciation. This phenomenon itself is a signal — the rational pricing mechanism of prediction markets is actually more transparent than traditional token issuance. The market is voting with its feet, telling us how ICOs should self-correct.