SecondLane OTC - Announcements

Selling: Asset: PYTH Tranche: $5m + Pricing: Discount to spot Note: Locked tokens Any questions: DM @otcnick

Selling: Asset: Shade Protocol (SHD) Tranche size: $125,000 Pricing: 60% discount from spot Note: Locked tokens Any questions: DM @otcnick

Selling: Asset: FlamingoDAO Tranche size: 125,000 units Pricing: 1x NAV Notes: DAO membership is limited. Any questions: DM @otcnick

Key takeaways on Web3 secondary market in October by SecondLane - Record amount of offers of over $0.5 bln USD, mostly due to the FTX claims on the market - $516M in Asks and Bids - 1.6x growth in amount of offers since September - $1.9M median Buy Ask vs $1.0M median Sell Offer - 19% median spread on FDV of Buy/Sell IOIs of the same projects - 2x median spread on minimum amount of Buy/Sell IOIs of the same projects - top projects: FTX claims, Starkware, EigenLayer, RiscZero, Arbitrum, Optimism, Aleo, Circle, Sei, Nansen - 55% SAFT and 45% equity deals - 81% (Pre-)Seed, 19% Rounds A-D - shift from later to earlier stages almost tripled - 53% of offers on L1, L2, DeFi, blockchain services and infrastructure Subscribe for insights: Twitter DM for any questions @otcnick

Selling: Asset: Memeland (MEME) Tranche size: $4m Pricing: Discount to post Questions DM: @otcnick

Selling: Asset: Kraken Tranche: $4m+ Pricing: $15 PPS Any questions: DM @otcnick

Selling: Asset: DYDX (Locked tokens) Tranche: $1m+ Pricing: Discount to spot Any questions: DM @otcnick

Selling: Asset: OpenAI Tranche: $20m+ Pricing $100b Any questions: DM @otcnick

Buying: Asset: SpaceX Tranche: $10m Pricing: Negotiable Any questions: DM @otcnick

Selling: Asset: Phantom Wallet Tranche size: $1m+ Pricing: Discount to previous round Any questions: DM @otcnick

Selling: Asset: Scroll Tranche: $500k Pricing: $2.2b Any questions: DM @otcnick

Buying: Asset: Weka Tranche: $5m+ Pricing: Discount to previous round Any questions: @otcnick