Dutch Auctions are a centuries old system of auction, aimed at finding the true market value of a completely novel item. In the case of MISO token auctions the price is set at a higher value per token than expected and descends over time, with the eventual price being settled on once all tokens have been sold. Practically, this means participants individually decide at which point they're happy with a token price and commit their funds - yet the auction continues until everyone is happy with the token price. This can be an active decision by a project, as often it leads to a lower total amount raised (and thus less liquidity and funding) however everyone buying will be getting the cheapest possible token - not a bad position to be in when MISO automatically provides liquidity to SushiSwap and price speculation begins.
Strategy: Investors have to carefully balance between waiting for a better price and getting in before it is all sold out. It is the the fear of missing out that prevents the price to fall too much.
TGE 估值 1.2 亿美元，流通市值 3.59M。代币的分配不算吸引人，虽然以社区为名，但更像打着社区名义的 VC 项目。当前信息中，代币未来的释放和分配目前也不清晰。
项目本身是要做孵化器，在初期代币可能会因为社区参与 vs 位置稀缺有一定表现；但项目的长期发展有很大的不确定性。在对团队不了解或在社区没有深度参与的情况下，很难对其长期发展保持判断。