CBB Calls for Realistic ICO Valuation Approach

Cryptocurrency blockchain analyst platform CBB has criticized current fundraising methods within the industry, highlighting concerns about projects reaching valuations of $1 billion while keeping tokens locked. According to a recent announcement on X (formerly Twitter), CBB argues that these practices aim to avoid short-term token flippers and thereby hinder the project’s early stage growth. CBB proposes a more balanced approach for Initial Coin Offerings (ICOs) where fundraising occurs at a lower fully diluted valuation (FDV) and tokens are distributed directly to core users and contributors. This strategy, they suggest, would prevent the emergence of high-valuation structures that could negatively impact a project’s healthy token circulation during its initial phases.