Heard that the $ZAMA $1.5 billion fdv was just paper valuation to look cool and that it was instead a $750m valuation equity round that converted to tokens 2:1 meaning for 1$ equity they got 2$ worth of tokens which implied that investors got $750 million valuation on token.
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Heard that the $ZAMA $1.5 billion fdv was just paper valuation to look cool and that it was instead a $750m valuation equity round that converted to tokens 2:1 meaning for 1$ equity they got 2$ worth of tokens which implied that investors got $750 million valuation on token.