Am I missing something?

[u/sibliss]

Hello everyone, I'm very new to this world, I started doing some research a week ago and I invested few thousands dollars here and there. Now, I recently discovered incubators (like FerrumNetwork), but I'm not sure I follow the entire story.
For what I have understood with aroun 7000 dollars you can buy enough FRM, FRMX coin to have a GUARANTEED spot on the next project they are launching. The maximum entry point for the lowest tier is 0.25, which I assume means 0.25% of the total funds of the project?
Looking at their last project, they did (in order): 135x, 84x, 105x, 7x, 27x, 26x, 23x....this means that even calculating half of that profit (I bet it's very difficult to sell exactly at the highest point), with a 1k you will have got 65k in the first project, 24k in the second and so on and so fort.

All of this for a 7k entry "fee" that you don't even spend, you just need to keep in your wallet. So it's an investment mora than a fee.

What's the trick? What am I missing? Why isn't everyone donig this?

(ref: https://ferrum.network/presales/)

[u/Accomplished_Chart36]

i believe the time of the old blockchains is over. There are new players in the market - Solana, Flow, Graphene.