OpenMind, the Leader in the Robotics Track, is About to TGE: Is the $400 Million Valuation New Token Sale Worth Participating In?
OpenMind, a leading robotics company, is set to conduct a Token Generation Event (TGE) for its native token ROBO on the Kaito platform. With a fully diluted valuation (FDV) of $400 million, the token sale aims to raise $2 million, representing 0.5% of the total token supply. The public sale begins on January 26 at 8 PM Beijing Time, with a per-address investment limit of $1,000 to $250,000 and tokens fully unlocked at TGE.
Founded by Stanford professor Jan Liphardt, OpenMind is developing a universal operating system and decentralized network for intelligent machines, enabling global collaboration between robots. It has received backing from major investors like Pantera Capital, Coinbase Ventures, and DCG, and was recognized among the top 100 robotics startups of 2025. Notably, NVIDIA's Robotics division has shared OpenMind's content, indicating close ties.
The project operates alongside the Fabric Foundation, an independent entity managing the protocol’s governance and ecosystem. The ROBO token sale includes a 40% priority allocation for partner communities, with the remaining 60% open to the general public.
However, the $400 million FDV is considered high compared to similar AI and robotics projects like Virtuals ($540M), Sentient ($200M), and Grass ($127M). Concerns include unclear tokenomics and potential sell pressure from early investors if institutional tokens are unlocked at TGE, making the offering less attractive despite strong backing.
Odaily星球日报01/25 02:29
