Conclusion

There is a tradeoff between finance and initial market cap. You want to launch close to the fair value to avoid snipers & avoid leaving money on the table but you also want to invest as little as possible to have enough runway to cover future expenses. Regardless, teams should acquire a minimum of 40% of supply to align long-term incentives.

Teams should ideally reserve at least $250k to cover the operational expenses for a year. Yet, if teams want to graduate from the launch, the total finance needs can go up to ~$400k due to the 42k VIRTUAL graduation cost.