The defi hype is slowly dying down which means investors are no longer too crazy to invest in just about any defi project, the reason why am saying this is because of the price, at $0.50 per token I think is too pricy, I have seen some defi (potential defi project so to speak) whos price were not close to this price but the ieo price was not sustainable, the dump was inevitable, at the end those who didn't participate in ieo will buy the token at cheap from dumpers,
In my opinion, this certainly too pricy because of the current market situation.
Some of the so called DeFi projects are just labelling themselves as DeFi projects just to hop on the DeFi hype ride. We are developing solutions to real problems, real use cases so we are optimistic about growth.
Most projects that get dumped after IEO/ICO are projects that had different tiers of sale and/or private investor's sale and/or team selling/dumping on investors. I understand why you could think of $0.50 as too pricey but we do not think so. Only 4,000,000 tokens would be available and in circulation plus tokens distributed as alpha-staking rewards which would put circulating supply still way below 6,000,000 if all the rewards pool are distributed. At an evaluation of about 2m is fair.
And to add, if only 1m is sold, this would be the only amount that would be in circulation.
Sales may not be great but when a sizeable portion of our technology goes live within the next 6 months period, we believe that DeFiXy platform will gain adoption hence the value of the tokens.