BuildKey model is blowing up, but the mechanism still needs optimization Aspecta X Binance Wallet BuildKey TGE Phase 1 delivered impressive results: • Deposit phase oversubscribed by 99329% • Over 100K+ BNB deposited (around $100M) • Trading phase achieved nearly 800%+ growth As the first $100M oversubscribed project on Binance Wallet, River has completely ignited market sentiment. The collaboration between the two confirms that new asset issuance mechanisms could bring fresh wealth opportunities. The innovative BuildKey model + its first post-Alpha attempt should serve as the best stage for price discovery and liquidity release. However, upon closer tracking, some minor issues have surfaced, such as the pre-market cap being too tight, leaving many users unable to buy in. This forced the hype to flow to copycat projects, with trading volume exceeding $15M in just a few hours. This shows that demand is real but wasn’t captured by the official market. Price discovery was also limited: early low-cost users were reluctant to sell, new users couldn’t get in, and real liquidity and market enthusiasm were suppressed. My suggestions: / Moderately increase the cap, especially gradually loosening it after Trading Phase 2 / Relax the 2 Key limit per address to allow more real users to allocate tokens / Optimize the pre-market mechanism, open in tiers, and enhance liquidity absorption River has already proven the market’s enthusiasm. The official team needs to adjust the trading mechanism more flexibly to let real demand flow through the official market. For early projects like River, healthier and more sustainable price discovery and community consensus can be achieved.