Ventuals has incurred a cumulative loss of approximately $260,000 over the seven months of operation, and the Pre-IPO On-Chain Private Sale Market experiment has come to a close

BlockBeats News, June 16th, Ventuals announced yesterday that it will officially shut down and merge into another team within the Hyperliquid ecosystem, marking the end of its "24/7 On-chain Private Sale Market" experiment.

According to BlockBeats' data analysis, based on DeFiLlama's revenue calculation, Ventuals' platform revenue was only $124,651, while the ticker registration and auction cost was as high as $383,242 (equivalent to 15,031 HYPE tokens). The platform recorded a net loss of $258,591, with revenue only covering 32.5% of the ticker cost, making the cost about 3.1 times the revenue. If further including hidden expenses such as team salaries, liquidity provision, and front-end operations, the actual loss would be even greater, with a core conclusion of a loss of about $259,000.

It is worth noting that the 500,000 HYPE tokens raised through vHYPE crowdfunding and their price appreciation gains are not included in the platform's profit, as holders can redeem HYPE at a 1:1 ratio and receive on-chain staking rewards. Therefore, these funds cannot be considered as a source of platform profit.

In terms of operational achievements, Ventuals was launched for about seven months, raising over 500,000 HYPE tokens and achieving a trading volume of approximately $6.5 billion. The platform aimed to allow users to trade pre-IPO shares of private tech companies like OpenAI and Anthropic. The shutdown announcement revealed that the final settlement price for the OpenAI market was $1,341.80, and for Anthropic, it was $1,618.90. Bulk commodity and index markets (MAG7, Semiconductor, Energy, Defense, etc.) will gradually cease trading from June 18th.

vHYPE holders can redeem staked assets and on-chain staking rewards at a 1:1 ratio, with the withdrawal process scheduled to be processed in batches starting from June 19th, taking approximately 7 to 72 hours. Ventuals also confirmed the termination of points and referral programs, explicitly stating that they will not issue tokens. All users are required to withdraw funds and export their wallets by September 15th.