Author: Stacy Muur, Web3 researcher; Translated by: Golden Finance xiaozou

CoinList recently launched the public sale of Arcium tokens. As a Nillion competitor, Arcium has a fully diluted valuation of US$200 million and has received a VC investment of US$10 million.

The following figure is a specific public sale analysis:

I wrote an article about Arcium a few weeks ago, introducing its product architecture. In this article, we mainly look at the details of Arcium.

* Field: Privacy computing

* Competition: Nillion

* Stage: Private Test Network (Super 40K Application)

* Product Background: Elusiv, ZEUS

The last point needs to be specifically stated: Arcium originates from Elusiv and ZEUS.

Elusiv is a Solana privacy application based on zero-knowledge proof, which supports anonymous sending, receiving and redemption of on-chain assets. ZEUS (Zero Knowledge Encrypted User Protection System) is a decentralized compliance solution that uses encrypted computing to identify illegal activities. Based on this, Arcium is committed to providing flexible, high-performance, trustless privacy enhancement technologies (PETs) for cross-industry applications. The following picture is the Arcium network workflow diagram provided by Pavel Paramonov - a technology fan will definitely be fascinated by it.

It is worth noting about the team that Arcium acquired Inpher, a leading company in Web2 confidential AI, in November last year.And his team (has received more than $25 million in investment from JPMorgan and other institutions). A large amount of talent flowed to Arcium.

has received US$10 million investment from institutions such as Coinbase Ventures, LongHash Ventures, Greenfield Capital and Jump Capital.

The author believes that Anatoly (toly)'s platform may be Arcium's hidden ace, especially Solana will become the main hub of the agreement.

The selection of CoinList on the release platform is perfect—the platform's historical average return on investment is 8.3 times, and the cumulative financing exceeds US$1 billion.

Its biggest competitor, Nillion, previously raised $20 million through CoinList (5% supply, $400 million in FDV).

In comparison, Arcium's valuation of 200 million FDV and its 2% offer ratio are more suitable for the current market.

In addition to reasonable FDV, we also need to pay attention to token utility and other aspects, such as:

* Dynamic supply mechanism

* Node operator reward and pledge tokens

* Deflation and destruction mechanism

The token allocation ratio is shown in the figure below. Although no unlocking details were found, it is believed that all insiders (VCs, angel investors, teams) have a lock-in period of at least one year. However, the proportion of internal personnel allocation is still relatively high.

Arcium's social traction and smart fan growthIt's eye-catching. Recently, I have received high-net-worth accounts and have received high attention, and user growth is extremely active.

This article aims to refine the key points of Arcium release to help readers make decisions.

Remember: do your own research and do not blindly follow the trend to ensure that investment decisions do not exceed the financial tolerance.