Keep a close eye on this launch pad @districtxyz

The $NEMESIS @Nemesisdottrade they launched yesterday (29th) has increased by more than ten times, with a project launch valuation of $420,000 and a current market cap of over $6.2 million. To be precise, it's 14.7 times.

The developer behind District is CreatorDAO.

As a creator DAO established in 2022, CreatorDAO has previously raised $20 million from top institutions like a16z and Hack VC. However, its business development has not been smooth, and the token $CREATOR has been a flop (also launched on District).

District is built on Base, and the key points of its new token rules are:

1/ Fixed price public issuance of tokens

2/ No KYC, but there is a whitelist mechanism

3/ Undervalued tokens

It is recommended to keep a close watch. It will be quite competitive to get on the whitelist.

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