The AI blockchain project Sahara AI will open for trading at 20:00 Taiwan time on June 26, 2025. The project previously raised funds in the Buidlpad community, ultimately raising $74 million, which is approximately 8.7 times the initial target of $8.5 million. Unlike the pre-sale price prediction returns of the Solayer community, Sahara AI did not have sufficient information to predict returns during fundraising. This article will analyze Sahara AI's opening performance from different perspectives.
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ToggleIf Benchmarked Against AI Public Chain Leader TAO, Returns Could Exceed Ten Times
Sahara AI is a project that tokenizes AI data on-chain, focusing on AI Layer 1. Similar competing projects include Bittensor (TAO), NEAR, Chromia, and Story Protocol, which brings intellectual property on-chain using AI. Notably, Sahara AI's co-founder is a former Binance Lab investment director.
The following returns will be calculated based on the community fundraising valuation of 600 million.
TAO, dubbed the "AI Bitcoin," is the leader in this field. Its key features include a limited token supply of 21 million and a mining design that pays homage to Bitcoin. Currently, TAO's fully diluted valuation is around $7 billion. If Sahara AI is benchmarked against TAO, the potential returns could be as high as 11.6 times.
Story Protocol, backed by a16z, is an EVM Layer 1 project focused on bringing intellectual property on-chain. It allows IP to be traceable like building blocks, such as creating derivative works from the PEPE meme, with part of the derivative product's revenue going to the original PEPE creator. If benchmarked against Story Protocol's current $300,000 FDV, the return potential is five times.
The AI public chain NEAR is also categorized in the AI narrative due to its founders' status in the AI field. If benchmarked against NEAR's $2.6 billion valuation, it offers nearly 2.6 times returns.
Chromia is a Layer 1 focused on databases that has recently embraced the AI narrative. If benchmarked against Chromia's $65 million valuation, the returns would be approximately negative 90%.
Pre-market Price Indicates Potential Pre-sale Returns Exceeding Two Times
Although Sahara AI has not yet disclosed the specific token quantity before the deadline and will prioritize launching on Ethereum and BNB Chain, the current official token economics image suggests an initial token supply of 10 billion.
Based on the current price of 0.12 on Whales Market, this translates to a valuation of about $1.2 billion, with a potential two-fold profit. Total transaction volume is approximately $370,000.
Bitget's pre-market trading price is 0.1213, also indicating about two times profit potential, with a total transaction volume of $950,000.
The on-chain contract exchange Aster quotes a price of 0.126, offering 2.1 times profit potential but with limited trading volume.
Risk Warning
Cryptocurrency investment carries high risk, and prices may fluctuate dramatically. You may lose all of your principal. Please carefully assess the risks.
