Recently, Virtuals announced a significant overhaul of its initial offering mechanism, which has garnered widespread attention within the industry. The core changes of the new mechanism are mainly reflected in two aspects: project stratification and chip deconstruction.

First, the new mechanism introduces the concept of project tiering, setting three different fundraising thresholds of 21,000, 42,000, and 100,000 $VIRTUAL. This tiered design effectively serves as a market-based screening of project quality, encouraging high-quality projects to strive for higher fundraising goals.

Secondly, the chip structure has also undergone significant changes. Under the new mechanism, only 7% is used for new investments, 6% for adding to pools, while 85% of the tokens are retained by the project party. This adjustment gives the project party greater autonomy, allowing them to manage market value, ecological incentives, and strategic reserves more flexibly.

It is worth noting that this new mechanism places higher demands on the transparency of project parties to prevent potential misconduct. Overall, the new mechanism provides project parties with more room for development, which is conducive to the long-term healthy development of the project.

After the launch of the new mechanism, @pokpok_io became the first project to try it out, successfully reaching the threshold of 100000 $VIRTUAL, demonstrating the community's high expectations for the $CTDA project. It is reported that the early launch date for $CTDA was also a suggestion from Virtuals, reflecting the platform's confidence in this project. In addition, the $CTDA AI vault is expected to be open to the public within 2-6 weeks and is currently still in the internal testing phase.

Whether $CTDA can meet expectations depends critically on whether the team can fully understand and take on the responsibilities under the new model. While having more tokens is beneficial for the project's operation, how to use these resources wisely is the key factor that determines the success or failure of the project.