Bitget IPO Prime Product Manager: Protecting the rights of medium- and long-term investors through a reasonable lock-up mechanism
Foresight News reported that Ken, the head of Bitget IPO Prime product, shared his insights on the design of the second phase during a live discussion. Ken pointed out that IPO Prime focuses on mid-to-long-term value investment and plans to offer users special rewards such as financial management products. He stated that IPO Prime addresses not short-term speculative needs, but opens a pre-IPO window—previously available only to institutions—for retail investors. The lock-up mechanism set for the second phase $preOPAI aims primarily to protect the rights of mid-to-long-term investors, preventing the token from deviating from its fundamental asset value due to short-term sentiment shocks after subscription. A reasonable unlocking rhythm is beneficial for guiding the market toward establishing a more effective pricing mechanism.
He emphasized that after the launch of the previous phase $preSPAX, the team collected a large amount of user feedback, and the optimization of the lock-up mechanism is a direct response to that. The second phase hopes to find a better balance between "liquidity" and "value discovery," enabling users who truly care about OpenAI’s long-term value to participate in this asset’s growth cycle in a more reasonable way.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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