The project will be directly listed on Binance Contracts. The Binance Alpha trading time is 19:00 on October 21, and the Binance Contracts trading time is 19:30. The project background is average, with institutional financing of 19 million USD. It should be noted that there is an investment from DWF, belonging to the AI agent application sector, with moderate popularity. Below we will conduct a detailed analysis of $BLUAI (Bluwhale):

One, Investment Research Conclusion (Quick Summary)

Project Summary: The first AI agent application project in the SUI ecosystem, capable of analyzing AI data in wallets, the function is relatively marginal, financing of 12 million, with DWF investment, VC cost 0.076.

Simple Introduction:

Bluwhale is a decentralized AI network in the Web3 field, positioned as the "Intelligence Layer" for Web3. Bluwhale's unique selling point is the "Decentralized AI Personalization Protocol," which allows users to contribute idle smartphone data, storage, and computing power and earn income. Bluwhale is expanding its AI network on the blockchain, enabling individuals to monetize and contribute data, storage, and computing power from their idle smartphone capacity.

Valuation Analysis: Total token supply 1 billion, circulating supply 12.28%, sell pressure 1.8% (Binance 1%, community airdrop 0.5%, OKX 0.33%)

1) Pre-seed round: 855,000, valuation 20 million, allocated tokens 4.28%

2) Seed round: 7 million, valuation 45 million, allocated tokens 9.16%, led by SBI's VC, the largest integrated financial group in Japan

3) A round: 10 million, valuation 100 million, allocated tokens 6.57%, DWF investment

4) KOL round: 600,000, valuation 60 million, allocated tokens 1%, DragonFly co-founder personal investment

5) Private placement price 100,000 USD, cost 0.003, allocated tokens 0.36%, valuation 30 million.

Total financing: 19 million, allocated 23% tokens, institutional average valuation 70 million, cost 0.007.

Comprehensive Valuation Estimate: Institutional cost 0.007, KOL cost 0.006, recent new token valuation around 30M-200M, financing is quite messy, overall number is large, may go public, but no major innovation, not recommended for long-term holding.

Comprehensive Evaluation [Bullish]: The first AI agent application project in the SUI ecosystem, can analyze AI data in wallets, the function is relatively marginal, but the website is very nice, financing of 19 million, with DWF investment and investment from the largest integrated financial group in Japan, SBI, the founder is the head of AI algorithms in the Fortune 500, strong background, VC cost 0.0076, sell pressure only 2%, may go public, if it goes to contracts without a pump, consider medium-term positioning, refer to CLO and COAI.

Two, Other KOL Views Comprehensive: 5 people have been collected, all are bullish

1) Eleven Elve [Neutral to Bullish]

@EleveResearch

Few external chips; investment institutions are decent, 15 million is more realistic; clear sell pressure; pool price is high, space is limited; DWF invested, market making style is open and shut. I bought a bit at the pre-market average of 23

2) Jun Ge [Observation Bullish]

@LiFeng61532

6% community airdrop distributed over three quarters, TGE query was released two days ago

Optimistic estimate of opening FDV 50M

But due to the participation of DWF

There is suspicion of pumping and dumping later

In general, it is recommended to take a short-term bull and long-term position, ignore high opening

3) Fenglin.eth [Bullish]

@Akirapunk99

Listing on multiple exchanges, one of the highest funded projects recently, the first token in the SUI ecosystem, the previous token in the SUI ecosystem had a good performance after listing, if the opening is much higher than the pre-market price, it is recommended to rush to sell, after the price stabilizes, track the trend and enter, if no sharp drop, the possibility of a rise is high

I have a feeling that starting tomorrow, the liquidity of alpha tokens will come back a bit, it won't be so bad

4) Howe Qu Mei | 𝟎𝐱𝐔 [Bullish]

@0xcryptoHowe

Playable, the overall fundamentals are good and alpha + contract opening, and looking at the tokenomics, it should be a highly controlled token

300 million FDV opening at 0.03 is relatively low, the current pre-market price is 0.328, if it can go down to 0.02, I will take some

5) U.mi [Bullish]

@crypto_umi888

Positive: financing background and institutions are top-tier, listed on multiple dexes; listing configuration is alpha + contract; DWF market making, pumps hard and dumps hard

You can play a bit after the opening, there are many playable points for those with contracts

Risk Warning: The above content is based on network information analysis and organization, for project research discussion only, not to be used as investment basis.

Author: Sakura, ChainThink

Editor: Evan, ChainThink