ai6z crypto will complete $9.51B total funding after the Fifth raise -Last raise was in 2022 of $4.5B -Estimated projects funded: 60+ -Estimated ROI: ~1.8x (on paper) -Highest ROI from a single project ~2.1x (Sui) Post-funding returns from the Fourth (IV) phase have been the lowest compared to the previous three phases ~ A common belief behind the lower ROI is that the VC valued projects according to the 2021 bull-market valuations But many of those projects couldn’t achieve the expected valuations from retail during the 2024–25 cycle, and the shorter market cycle also pushed valuations down significantly Now a16z crypto is targeting to raise $2B as its Fifth fund This would be the third-largest raise among all its previous funds If they complete raising this amount, we are likely going to see another wave of new projects appearing on the timeline and yes, many new opportunities may open again for airdrop farmers to work on projects But if we look at the other side: -Too much involvement of VCs in projects pushing more power towardas them -Retail becoming exit liquidity -Projects can be valued higher than what they actually deserve - A large chunk of supply vested to VCs can be sold in the OTC/Pre-market nowadays helping VCs to get out even before access to real token This scenario mostly plays out when the market is not in a strong bull phase, and retail investors often end up exiting at a loss ~ Attached images below show the sources and performance of a16z crypto from previous raises and the current ROI of projects.

Over $100M has been shielded for the Zama auction The biggest bidder as of now is @flowdesk_co They have bid around $11.57M from two different addresses Still 2 hours left before bidding ends Can we see more whales entering the sale? 👀

It’s been over 48 hours since the Zama sealed-bid Dutch auction went live Over $31M USDT has been shielded, with a total of 4,280 bids so far The highest shielded amount by a single address is $6.5M, which most likely belongs to Flowdesk In total, they’ve shielded $6.68M USDT for the auction If we look at the current pre-market FDV, Zama is trading around $670M and the valuation they got from VCs is around $1.2B So, I’m expecting the public auction clearing price to land somewhere around $400–500M FDV That would still be a good cook for users participating with good capital If you ask me about TGE price prediction, it could be around $0.065–0.07, which puts Zama at roughly $715M–$770M FDV later, 1-2 hrs of tge, we may see price surpass $1B We recently saw a similar playbook with Sentient Pre-TGE trading was around $500–600M FDV TGE around $750M FDV A few hours later, it surpassed $1B FDV High chances we see a similar move with Zama as well However, if we get an Upbit listing announcement at TGE, the scenario could completely change, and Zama may list at a much higher FDV than expected Good luck to all the participants!

The only utility of Pre-Market is to Rug the token even before retail gets Access Nice tek

Yappers Fucked 💀

Wtf happening with Zama??

Babe, it's FHE Season get ready to see Zama at $5B

Gm Just got verified for Zama presale on my first attempt Now Send Zama to $5B

So people moved to @paradex 👀

The only thing Zama OG NFT holders want to see next

Zama opened at $2.49B FDV on Binance Pre-Market currently trading at $1.59B FDV Hopefully, the price will stay above $1B FDV until launch If we get Upbit + Coinbase listings as well, we will surely stay above $1.5B FDV Get ready, folks Zama is coming!

. $ZAMA coming to Binance Pre-Market 🫠

GM yesterday, Zama eligibility checker & claim went live I’m eligible through my S5 participation If you participated in any of the seasons, you can check your eligibility and claim NFT here: claim.zama.org

gM CT Market showing a bullish movement ahead of the Zama launch NFT claim go live today, and hopefully we get the S5 Lb announcement before that Best of luck to all the S5 crew!

There's no S5 I luv you

gM ~ Zama OG NFT claim goes live in less than 15 hours, but there’s still no update on the Season 5 Lb from the team Expecting Zama team to drop an announcement in the next few hours

Things are not looking good for @ cascade_xyz There’s a high probability that the founder behind @perenniallabs and Cascade is the same person he is likely hiding his identity so that FOMO around Cascade doesn’t die after the reveal Here’s why things look scary for Cascade: On Dec 7, 2022, Perennial raised $12M in a seed round from investors like Polychain, Variant, and Archetype to build a decentralized perpetuals trading protocol on a rollup The founders were revealed as Arjun Rao and 𝗞𝗲𝘃𝗶𝗻 𝗕𝗿𝗶𝘁𝘇 They introduced their Petals points program on Dec 3, 2024 and ran it for around 8 months after that, they made announcement that they would no longer continue with Perennial and will launch a new project saying that users’ earned points would be transferred to the new project that was a total slap for users who had been using their platform after the points program went live in the hope of an airdrop but in the end the project itself was shut down Now back to Cascade On Dec 9, 2025, they raised $15M in a seed round from investors like Polychain, Coinbase Ventures, Variant, and Archetype to build a perpetual market for crypto, US stocks, and private assets Founder name revealed as 𝗞𝗲𝘃𝗶𝗻 But the last name was missing, the CoinDesk article says the cofounder declined to give his last name and this is where they got caught launching a project with $15M funding but the founder is not comfortable revealing his last name or family name that never makes any sense And when you go through the account of the cofounder of Perennial @kbrizzle_ (Kevin Britz) You will find his last tweet was on July 24, 2025 After that he never tweeted again But when you go through his following list, you will see he is following @cascade_xyz and the growth manager of Cascade @ ben_casde Where the Cascade account was already live in the month of July itself and Ben’s account was created in the month of September So you can see the complete connection between Cascade and Kevin and it’s 100% confirmed that @ kbrizzle_ is the same founder of Cascade who is being hidden by the team not only this, if you go through frontend API data You will find Cascade is running under Perennial’s infrastructure and the debate ends here Cascade was the only project the Perennial team mentioned back in July 2025 and @ kbrizzle_ is the account of Kevin who was mentioned by CoinDesk as the founder of Cascade So what to do now? Cascade is going to open vault of $1.5M on the 6th before that, the team should come forward and answer all the questions that have been floating around CT, with a proper founder reveal What am I gonna do? Previously, I was bullish on them after seeing good investors and @ben_cascade support for early users, he gave many codes to early users, including me but after seeing the history, I’m no longer as bullish as before Also, it’s scary, team is going to open a $1.5M vault in the next 3 days, but they’re not comfortable revealing the CEO and not made any tweet yet, even after so much FUD on CT and it’s still not confirmed whether the funds raised from VCs are of Cascade or they’re Perennial funds that they raised before Too many shaky things going around, and that’s never a good sign for a project I’ll just suggest or I go with: if you’re aping into their upcoming vault, don’t go in with blind money out of FOMO Use only the amount you can afford to lose and that won’t affect your personal life Else, DYOR Stay safe!!

gM CT Zama S5 Lb coming today? 👀