From the current market situation, the valuation of this project indeed warrants scrutiny. The $130 million FDV combined with a 50% initial release and the remaining 50% linear unlock poses certain risks from a tokenomics perspective. Ongoing selling pressure could potentially put pressure on early investors.

However, here is an interesting piece of information—the project team has reserved 5% of the ICO quota for a top-tier asset management institution. If you agree with the project's logic, you might want to consider this participation opportunity. But in any case, it is recommended to do thorough research before making a decision.