The allocation results of @Novastro_xyz for the multi-chain RWAFi layer on Kaito are out, they allocated 30,000 for 30,000, and it feels like the recently purchased sKaito YT has made some enhancements.
Thanks to the strong internet speed at the hotel in Singapore, I managed to invest in Limitless, Novastro, and YieldBasis, and also participated in Futu's IPO. Kaito and Legion both seem to follow a large account logic. Limitless's oversubscription is a bit scary; I invested in both accounts to test how much weight a large account can ultimately allocate. Previously, investing a few thousand USD usually got me the full allocation. I also discussed Novastro with @anymose96, and I think the win rate should be decent, so I’ll invest 3,000 USD to see the returns. The website experience for Legion is a bit frustrating, and I still need to write a small essay to test how much allocation I can get. The first project in collaboration with Kraken should be profitable, but it’s hard to say about the subsequent ones. There are already so many IPO platforms that I don't have enough USD left. How long until the bull market returns?
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