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#Pre-TGE BTW The threshold for Pre-TGE is indeed not low—216 points + 15 points consumption. This screening method is quite interesting. But I have to say, what's truly important is not whether you can participate, but that phrase "Unlock time may not be announced in advance."
I've seen quite a few Pre-TGE projects like this, and lock-up periods are often a trap. You get the tokens but can't move them, which means your capital efficiency is severely limited—unable to cut losses in time or add to gains. For players who prefer short-term operations, this is a time trap.
My advice is: before participating, you must clarify three things. First, how long is the lock-up period, and can the official team provide an expected timeline now? Second, during this period, does the project team have any other benefits or mechanisms to hedge liquidity risk? Third, compare with historical unlock data of similar projects to see how the actual cash-out situation is.
Those with high risk appetite can try, but don't go all in. In this game of opportunity cost, wins and losses often hinge on these "invisible details."