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Sanctum faces community backlash over $CLOUD airdrop allocation, prompting changes amidst intense criticism. Solana community divided on the value of earnestness versus capital in the project. Despite controversy, Sanctum's alpha vault closes at $31.1m, indicating strong public demand for promising projects.
One of the best Solana builders from Singapore @sanctumso just closed their alpha vault at $31.1m via @JupiterExchange LFG despite all the FUD about their allocation of airdrop to earnest users. Shows that there is a lot of public demand for promising projects.…
Alpha vault for @sanctumso $CLOUD good risk/reward at 50M FDV. 6 mo vest Sol eco comps: Marinade FDV 125M (2.5x) Kamino 400M FDV (8x) Drift 420M FDV (8.4x) TNSR 540M FDV (10.8x) JTO and JUP unrealistically high comps imo https://t.co/PRJ2EICYOU
💡 Private valuations for leading foundation model infrastructure and application companies continue to exceed 30x ARR multiples, with some reaching past 100x ARR for high-flying research labs like Anthropic and Cohere.
