VC

SnooBooks2547

Price goes down when people sell more than buy. Zoom out, look at the chart and then correlate that with the personal wealth of Chris, Brad and their VC insider friends. Simple as that. It's not price "suppression"when the biggest holders are selling tops and then buying properties around the world, sailing yachts and donating to political campaigns. It's just their business model. Buy early, pump the community and dump on rallies. I personally don't support founders like that. A lot of "utility" projects do this. Was the model for the last bull run. This cycle communities are fed up.. and we choose memes. We're not interested in insiders, lock ups or VC backing. It's our time now... Well we'll see, time will tell

Despaciito

SOL is a VC pumped shitcoin with horrible tokenomics.

doctor-forge-

true.. the VC grift is getting out of hand. ICP was the worst in 2021.

coinfeeds-bot

tldr; Degen Express, a launchpad for meme tokens, is driving significant trading volume on Fantom and Base networks. Launched in 2023, it offers a fair-launch environment, emphasizing transparency and community engagement. Tokens like $sGoat and $grim are seeing millions in trading volume, attracting both retail and institutional interest. Degen Express ensures security with features like whitelists and custom vAMM, preventing manipulation. It promotes fair distribution, avoiding VC monopolization, and enhances user experience through gamification. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

MaximumStudent1839

Here is my tinfoil hat theory. This is orchestrated by VCs. Here is my hypothesis. VCs' bags are underperforming in general. And they are getting frustrated BTC is outperforming them. But they see organic community memes are ripping and they are struggling to get convince their LPs to buy into these memes. So how are they going to tap into it? Make it about AI. Then they can sell "picks and shovels" to "AI memecoin" run. What do I mean? There are a couple of Solana DePin projects that haven't launched tokens yet. Some of them can tap into selling LLM functions. An AI memecoin run fueled by posers posting ChatGPT on Twitter account makes it the perfect catalyst to pump VC AI coins. Every AI memecoin dev want to tap into a DePin LLM to make quick flip in this meta.

curiousasian2000

New and existing VC firms will get their 1000x if they enter at pre-seed valuation, which is a massive risk and they need to be based in SV too, which not all firms can afford to. I think KOLs can get the 1000x but those projects they advertise are usually scams with low MCs and vestings that suit them. For retail, 1000x is hard unless they can find a < 7 digit MC token that didn’t take a VC (impossible) and is fully unlocked. The Web3 industry is getting more institutionalised with RWAs and gated hackathons so I agree with your sentiment as a person who’s involved in this scene for a long time.

maex_power

>Oh my goodness, every fucking L1 advertises itself as "Web 3". Even the ghost chains say that. It is a buzzword slowly losing meaning because devs just randomly tag themselves with it to get VC money. You framing web3 as a buzzword that devs randomly asssign just proves that you dont understand the concepts of web3. There might be procets that falsly assign this concept, but it does not mean that is has no meaning. >News flash. They aren't the only ones with multichain thesis+ZK. Every major L2 is doing BD to make their ecosystem multichain and interoperable with their own standard. Plenty others are doing ZK: ZKsync with elastic chains, etc. Here is a logically analog statement to what you wrote: There is MySapce. Social Networks already exists. So what do we need TikTok for? >What is the differentiation? It essentially boils down to your token. If your token price does well, you can afford to do more grants to get devs to grow the network effect. If your token price does well, you get more wealth effect for your token holders to increase activity. So now tell me how the token price doesn't matter? You are confusing Network with Platform and value with monetary gain. Web3 enables an economic paradigm shift. Your arguments are confined to the economic paradigm you operate in. I acknowledge that it is hard to understand, but it does not mean that it is wrong. >Here you are trying to gish gallop the idea the chain's token economics doesn't matter. That is the very definition of gaslighting. Its funny to me that you go down the road of arguing psychological concepts with be because, you know, I am kind of a psychologist myself. It is a common issue that lay people nowadays throw around concepts they learned about in pop psychology. Everyone says they are depressed when they are feeling down. Depression is a lifelong mental health condition caused by your brain not functioning like the brain of a health person. There is a difference. If you are feeling gaslit by an internet stranger that does not agree with you, it shows that you are either applying the concept wrongly, which is a very common problem with psychological concepts, or there is a much more severe issue: You acknowledge that I am correct in reality, yet you are unable to adjust your views based on this knowledge and conclude that you live in an alternate reality instead. In that case, you should take a break from reddit and seek a mental health professional. >***It is the very definition of GASLIGHTING to say the token price doesn't matter for a proof of stake system.*** No, its is not gaslighting, it is wrong. I never said that. I said it numerous times, but apparently I have to say it again: I am not talking about the Network. I am talking about the technology as a platform that enables the creation of networks.

MaximumStudent1839

> Web3, Aggregated. Oh my goodness, every fucking L1 advertises itself as "Web 3". Even the ghost chains say that. It is a buzzword slowly losing meaning because devs just randomly tag themselves with it to get VC money. > Enabling an infinitely scalable web of sovereign blockchains that feels like a single chain. Powered by ZK tech. News flash. They aren't the only ones with multichain thesis+ZK. Every major L2 is doing BD to make their ecosystem multichain and interoperable with their own standard. Plenty others are doing ZK: ZKsync with elastic chains, etc. What is the differentiation? It essentially boils down to your token. If your token price does well, you can afford to do more grants to get devs to grow the network effect. If your token price does well, you get more wealth effect for your token holders to increase activity. So now tell me how the token price doesn't matter? > Definition of the word gaslighting  According to Merriam Webster, > **:** psychological manipulation of a person usually over an extended period of time that causes the victim to ***question the validity*** of their own thoughts, ***perception of reality***, or memories and typically ***leads to confusion***, loss of confidence and self-esteem, uncertainty of one's emotional or mental stability, and a dependency on the perpetrator Here you are trying to gish gallop the idea the chain's token economics doesn't matter. That is the very definition of gaslighting. Even if I concede on tokenomics, it is crazy you think Polygon PoS is unaffected by its token price. It is the very definition of its security. > [https://polygon.technology/blog/polygon-2-0-protocol-vision-and-architecture](https://polygon.technology/blog/polygon-2-0-protocol-vision-and-architecture) They still have plans to use their token for staking even if the PoS chain merges with the AggLayer. How the fuck do you think its token price doesn't matter for the system's security? It is the very definition of GASLIGHTING to say the token price doesn't matter for a proof of stake system.

ignore_my_typo

Don’t blame memes. Memes are the response to shady VC backed alts with poor allocation and “utility” Blame the greedy corporations of last Cycle tricking crypto retail with utility/ai/depin/gaming tokens that are completely useless.

chickinflickin

Thats why ETH is nothing more than a VC pumped excel spreadsheet, decentralisation my ass.

Dolozoned

Meme coins are just the poorer ppl taking power away for the VC’s, if anything meme coins are an example of why we need crypto

timidpterodactyl

Meme coins could be a reaction to VC-backed coins with high FDV and low float. If true, their existence is necessary and beneficial in my opinion.

MaximumStudent1839

> from government printed fiat and see crypto as a way to protect your wealth. Technically, you can do that with finite supply memecoins as well. As long as it doesn't have a mint/freeze function, it is as immutable and censorship-resistant as the L1. So why don't ppl do it? It is because most spring out of nowhere and don't have enough lindy to show it has sustained demand to prove it's a good "store of value" over multiple cycles. In fact, the "store of value" function can't be coded but must be built around the social consensus. And what is the social consensus, it is largely speculative liquidity thinking "number will go up". When you think hard enough, you realize the "protect your wealth" function doesn't exist in crypto independent of speculation. Why? Crypto has no real economy, The devs mostly focus on building either casino products or shovel stores to platform/host casino products. In many ways, memecoin is just short of lindy + TradFi support, but it shares the same speculative dynamics as the rest of crypto in why valuations get what they are. > And to actually use crypto instead of holding it and doing nothing with it. The reality is, that the most accepted crypto, Bitcoin, thrives on hodling. Hodling is what most ppl do to push the asset price up. Even among the vast majority of "legitimate" tokens, they don't have the liquidity to facilitate a high amount of transactions without hitting price. > The majority of people in crypto see crypto as a way to get rich quick, cash out and go back to fiat.  It is a dual problem. The VCs mainly want to build products for ppl to speculate on tokens - while they pontificate BS otherwise. Take a look at so many Web 3 gaming products. Most don't need a token besides allowing VC to dump on retail. If you want ppl to transact, you should use the most liquid asset, not your micro cap gaming shit coin. The reality is, crypto likes to build gambling products, VCs like to package a veneer on top of them to market it like they aren't gambling or have a common purpose.

MaximumStudent1839

> Middlemen, rent seeking and profits without adding value are not longer necessary on an open and fair protocol This is what VCs are pushing. Can't create value? Struggle to get adoption and growth? Token struggling is pissing off long-term bagholders and VC LPs? No problem. Just launch another L2 bruh.

stonkgoesbrr

Anyone here aware of $GOAT? A fucking AI bot (terminal of truths) on X, created by AI researchers who wanted to study the tail risks of AI just random shitposting out to the world, got FUNDED by a16z with $50K in BTC to ‚liberate itself‘ (yes, the wallet of a fucking Bot received the funding). The AI then proceeded to buy and permanently shill this coin ‚Goatseus Maximus‘ which instantly skyrocketed to now 200M Mcap or so. Here’s the link to a comprehensive overview on twitter of the events: https://x.com/aisafetymemes/status/1846220545542529329?s=46 Can’t make this shit up. A fucking AI Bot randomly shitposting on twitter is on the way to become a millionaire, initially funded by a major VC. Whilst me, sitting on the porcelain throne and ranting to online strangers, still being poor. What a time to be alive.

Simke11

What do you mean VCs not interested in alts? Majority of new alts launched over the last 2 years are VC backed.

Worldsapart131

Fair enough. Were VC’s interested in alts in the fall of 2020 anymore so than now? Source if not? I’m not saying you’re wrong, but I won’t believe it without evidence.

chickinflickin

Remove VC pumping money in ETH and tell me what's left. Tech wise it's miles behind Cardano.

ignore_my_typo

I’ve been in the crypto realm for 5 years now and I feel like I just get it. Bitcoin is a no brainer. Buy and hold. But the rest really has very little use case. VC hype shit that is about narrative and dumb money more than anything. I do truly believe that a well run meme with an excellent team can give you safe and better returns than Bitcoin. Having said that you need to weed through thousands of scams and bullshit on Twitter to find them. You need to get in and sell on green candles to get out. It’s not a long term hold. Very few, aside from Pepe, Doge, Shib etc. have multi cycle legs in them. If you think about just wanting to beat the S&P you can do that with your investment literally in a day. Like today.

Idgaf115599

VC coin eth!

fancy_bubble_tea

Can anyone name any concerns or negatives with Aerodrome Finance (AERO)? It seems too good to be true (leading DEX by volume on Base, reasonable fully diluted market cap. to fees valuation multiple, no crypto VC investors besides Coinbase Ventures, etc.)

DBRiMatt

Until VC's skim their profits and supply inflation leaves everyone else as bag holders!

olduvai_man

Yeah, they do much more ethical things like pre-allocations and VC funding.

ignore_my_typo

There are meme coins, not VC alts that you’re confusing.

Captain_Fredl

Ah the old VC conspiracy. Long time ago i read that

doctorj_pedowitz

No surprise the VC coins are in support of the establishment. I wonder if the co-founder has any ties to Epstein.

relaiapp

Line a VC more or less

JustStopppingBye

>you can clutch those pearls and spout platitudes. Sure thing buddy. So calling out scammers in the industry is now putting myself on a moral pedestal? Its just so ironic how the VC scammers (solana), are now telling us to just accept the industry for what it is. A scammers playground.

Ok_Fig705

Can we stop talking bad about Solano they haven't done it yet so it can't be mentioned until the VC dump on you

SwingNMisses

The article is very misleading. First of all, yes Worldcoin is down 85% from its all time high of $11.82 back in March 2024. But to be fair, most altcoins are down over 50% from its March 2024 high. This article is singling Worldcoin out as if it’s the only unusual case. Secondly, the title makes it sound like Worldcoin did a Terra Luna losing 85% in a single day. No this happened over many months. Titles like this and AI-generated imagery to get a kneejerk reaction out of you are so disingenuous. I can’t stand posts like this. I suspect OP did no research and just posted it for the clickbait. Now I am strongly opposed to Sam Altman, OpenAI and Worldcoin. I think Worldcoin is not to be trusted and being heavily manipulated using VC (venture capitalist) money. I believe Sam Altman like Elon only cares about enriching himself with this facade that he’s on a mission to improve the world. That said, DYOR and always be careful of clickbait articles.

arztf

They sent the tokens to the hacker, instead of to the VC.

PM_ME_UR_AMOUR

Interesting don’t know he was a VC too. lol. Makes sense I guess. Perhaps the attack on all VCs is because he’s bitter. Who knows. Plus I might be biased because I’m neck deep in Pepe. I got sick of holding “cool tech” coins for the first time and decided to take a risk and it’s paying off.

Aerocryptic

His diagnosis has some truths I won’t deny. But as all manipulators he forgets to tell some truths. Like he was himself a VC (his fund blew up lmfao). He must have kept some links with that former business. His conclusions and targets are utterly redarted. Anyone believing in the purity of his intentions is set up to a ruff awakening when the music stops. I do agree that low float / high VC coins should be avoided. I don’t agree that memes are the answer tho. Crypto needs to go back to its roots : fair launched innovative coins are some of the best performers of this cycle and I hope it’s the start of a new trend

PM_ME_UR_AMOUR

His thesis has some strong arguments like “prior altcoins were just well packaged and disguised meme coins” and that “meme coins at least provide a sense of control and community in comparison to the low float high valuation at billions VC coins”. He also made a good point how meme coins are a natural reaction to the greed and disrespect shown in “tech”. But yeah when I see him shilling stuff, which tbf he talks about almost all meme coins, do I cringe. But tbh this cycle I’m giving them a chance. The VCs needed this and the market needed this. Things have to get worse before they get better. I hope meme coins win this cycle because then only we can start getting proper projects that actually have the community in mind that aren’t VC and insiders play things.

gibro94

It's too obvious it's a VC cash grab. Anytime an "investor" opens their mouth it's about how SOL is the clear winner for the #3 spot. Something to consider is that it's not that SOL is competing against ETH it's that SOL has to compete against all L2s, and other L1s that are speed focused and have the next round of VC funding like SUI. The problem is these other networks will play the same game that SOL does, which is fake transactions, fake speed tests, claim to be the fastest, and laugh at the importance of a decentralized network. What is the point of a blockchain L1 if you're not secure, have outages and not meaningfully decentralized? Stop pretending like we've actually fully maximized or solved the trilema.

JustStopppingBye

https://youtu.be/rZK__sWFTUU?si=1VC4Rgw0pRo842u Is this the same Ryan Rugg?

MaximumStudent1839

You realize memecoins existed in crypto longer than your Reddit account? Saying memecoin caused crypto have an image problem post-2021 is completely absurd. In fact, I regularly follow YouTubers/social media characters who are adamant critics of crypto. Rarely ever do they focus on memecoins because they know they can’t make a serious critique out of projects who advertise themselves as “serious”. Often, they make out strong cases against VC vaporware wares, blatant scams advertised as the next cure for cancer, “metaverse”, crypto gaming, “crypto social media”, etc. The loudest critics of memecoins are often altcoin traders and VCs. Why? They are pissed memecoins draw retail liquidity away from their bags.

MinimalGravitas

> Perhaps people don't see these news as significant I honestly wonder if most crypto investors are just really, really bad at paying attention to anything outside of what gets shilled to them by influencers and VC marketing. How many of the news items I listed did you know about? We make ourselves easy to manipulate by relying on social media for news, and then our perceptions of what to invest in end up shaped more by whoever is best at exploiting that than by any assessment of reality.

particlecore

It is a VC shit coin.

GiovanniX30

**$HEGE ticks every one!** Check us out. VC-backed gem. The best all-around meme coin project. * 🦔 💪 https://preview.redd.it/o45o6b52ilsd1.jpeg?width=1280&format=pjpg&auto=webp&s=42d7d07e108ce9db4fccdd0fcd5ef01ec14525df

GiovanniX30

There isn't a single project with a greater foundation than **$HEGE** on Solana. Undervalued VC-backed gem. We just signed a deal with a marketing agency. The community is strong and healthy, having successfully raised $240k for the project. Great dev team as well. We have our own NFT collection that sold out in 1 hour and 43 minutes called "HEGENDS". Check us out; we are the next billion-dollar market cap meme coin project! * 🦔 ✊️ https://preview.redd.it/1vyrkyteglsd1.jpeg?width=1280&format=pjpg&auto=webp&s=5656e450cbeb7b075f6b14bcb828cdd94dd60070

cryptolipto

Solanas whole ecosystem is just VC led hype and funding. They are all in bed with each other and promote each other because they are invested together in that ecosystem While I don’t see it as a true viable alternative, I’m glad that we have competition in this space so that ethereum and chainlink have to keep up the pace of development and adoption and not rest on their laurels

BlazingJava

What's left is memecoins & shitcoins & VC dumpcoins Noone wants crypto that rewards hardwork, all we got left is "What's the next shitcoin to pump?"

Jerjon89

Ofcourse we fucking downvote you. Instead of relying on others, do your own research. Their centralization is one of many issues with Solana. 80% failed transactions. Fake memecoin volume, high % of fake daily users. Chain restarts ( yeah yeah, it´s "fIxEd"), lying/hiding tokenomics from the foundation, giga bloated chain. 500k+ sol to Almeda/monthly until 2027/2028. VC dominated tokenomics. Highly inflationary. Costs a ton to parttake in running a node. Non-deterministic, who the fuck is Realy gonna built some proper stuff on this shit?? This chain does Not allow for system critical solutions. Any fucking database is a better option at this point. But don´t believe me, nor Snowden. DYOR

shib_army

VC chains always been centerlized and always will be 

newfiechic

Joined the Telegram and bought some. I like how the VC is always open. I will have to join and get to know you all.

simmol

There has been talk about use cases for almost 10 years now. And the VC money is not interested in the alts anymore as it has moved on. Final pump and then it's over.

IESUwaOmodesu

opinions aside, Sakamoto coefficient of Solana is currently higher than Eth, Cardano and many others the original VC's issue where they held too much coins was also fixed when FTX went bankrupt I guess Snowden has an Eth bag then, because all metrics show the opposite and if you agree with him and disagree of me, I'm all open to real metrics and facts

systembreaker

It's not true that Solana is only used for meme coins and scams, there are big DePin projects on Solana like Helium and Dimo. He's either being facetious on that point or he's unaware of those projects. The points about centralization, maybe he's onto something. Solana got its start with massive VC funding that had the capital to set up the first nodes. This (along with Solana's base tech) allowed Solana to be blazingly fast in its early days and make a quick name for itself during the time period when Ethereum had unacceptably wacked transaction fees. I don't know if there's a way to move towards more decentralization unless these big players intentionally break themselves up into lots of independent node operators.

infopocalypse

If you are looking at meme coins, you aren't really interested in an economic revolution. Road maps aren't possible with a actually decentralized currency. Roadmaps are promises from a VC team or foundation to gain hype. To drive the value of the token they gifted themselves to dump on retail. I've been in discord servers for various tokens as they raise money to pay an exchange to list them. To pump their bags as they think it signals to speculators legitimacy. But the exchange is only listing them because they got paid to, and get fees on trading no matter how dumb the token is. Bitcoin IS the economic revolution. The rest are tokens to speculate and gamble on. The notion that people are going to use hundred of different tokens for hundreds of different purchases or things is ridiculous when you think about it. The best money always wins. Other decentralized use cases can be done with the NOSTR protocol. Which has no token.

infopocalypse

If you have a road map, you aren't decentralized. You are relying on a company's (VC's, Foundation) promise basically.

JerryLeeDog

People with less to invest taking an even bigger risk on a shitcoin is even worse imo No offense but ETH is premined for insider profits and has no attachment to the physical world Or else it wouldn’t be struggling. It’s taking the same course as many alts have since 2017 There is nothing magic that will just bring it back and make it relevant again. SOL will suffer the same fate when the next best VC funded alt comes around and gains traction

GiovanniX30

Future is bright for this VC-backed, undervalued gem. * ✅️ https://preview.redd.it/rqqhmi6166sd1.jpeg?width=2100&format=pjpg&auto=webp&s=9022b170c24e916277a0739f2906c8bcbbabde2e

GiovanniX30

Fun times to be a $HEGE holder. Holding this VC-backed gem comfortably. Hege also signed a deal with a marketing agency yesterday. Verdict: Bullish. 📈 * https://preview.redd.it/jpt31qi256sd1.jpeg?width=1280&format=pjpg&auto=webp&s=351834adb1470ab903b271d19828e3423ed82170

Loose_Screw_

TON, SUI, APT, TAO, all the new VC backed shitcoins are slightly outperforming BTC.

Mental-Health-Crisis

The sad thing is that it has nothing to do with adoption... The company is a shell company and is bankrolled by David F. Bailey (owner of Bitcoin Magazine) through his inestment vehicle VC UTXO Management with Dylan LeClair (Director of Bitcoin Strategy...lol) and others als directors as strawmen (all AI generated images) on the management board as well as 2 other shitcoin VCs MMXX and Sora Ventures headquartered in the Cayman Islands. They bought an existent but struggeling Japanese Corp which is listed on the stock exchange and use it as copycat MRST to amass bitcoin. The company has no product and no business and only invested in one property project. They now sell newly issued shares and buy bitcoin. As soon as they do it it get's promoted and highlighted by Bitcoin Magazine and published around the world to drive share price up. The company recently acquired the publishing rights for Bitcoin Magazine Japan to promote their grift even more. After all it's all about personal enrichment through selling their inflated shares and owning bitcoin for all involved (probably w/o paying taxes). I guess they eventually and at the right time simply liquidate the company or let it take over by some other shell company or trust in a tax haven - but that's just my guess.

Nearby-Review-1207

Folks...don't be exit liquidity for VC investors.

palacheenka

My advice is stay away from VC chains and from chains with high inflation and without fixed total supply. Stay away from meme coins because most are designed to dump on you. Pick a chain that has survived one orbtwo bear markets and one that is not popular just because of "religion". Go for well designed chains. Preferably well decentralized with good roadmap and decentralized governance. Also keep in mind the fees and don't fall for false promises of ridiculosly high fees. Most of the chains promising that are trading speed for decentralization. If you think decentealization doesn't matter then some of such chains could be a good choice. There are still a few projects being built on top of L1s which are quite good and interesting. If you really want to gamble a bit to havensomenfun with memes for example do it with a small part of your bag.

biba8163

I think the smart people are the ones who have realized that the sign of lower intelligence is buying all these VC meme tech coins where the founders and insiders get most of the supply for free to dump on retail is the real scam and have pivoted to meme coins.

John_Kaia

You can check out our tokenomics and supply data via CoinGecko (https://www.coingecko.com/en/coins/klaytn) - FYI we're a 100% float token project. No VC unlocks :) As for Foundation Treasury management and spend, we actually really pride in ourselves in our transparency. All our quarterly budgets are approved on-chain by governance votes and ALL spending is tracked and disclosed via Kaia Square, our Governance Portal: https://square.kaia.io/Home.

my-little-puppet

Thank you for having an open mind and giving it a read. The project doesn’t have any VC funding, turned it all down for now during the building phase, so that is why it is not well known so far. There are over 10k holders and the coin is listed on quite a few top Tier 2 exchanges as well as one Tier 1 cex, BingX. Stop by the Telegram or Discord and hang out sometime. Cheers mate 🤝

Enschede2

Well, pantera capital bought bitcoin in 2013, ethereum was largely distributed among insiders at first, and also has lots of VCs invested in it, and since the FTX auctions solana has close to the same % of token distribution that bitcoin does, so... That whole VC narrative is long dead unless you blame bitcoin and ethereum in that same breath

apkatt

It is still disliked for valid reasons. The fact that people made money on it does not change the fact that it is a VC pumped- and controlled controlled pseudo-crypto.

Aerocryptic

Main reason bnb has gained so much value is through their launchpad that has no equivalent, thanks to their VC company. [Crypto.com](http://Crypto.com) doesn't have anything like that to offer. Also [crypto.com](http://crypto.com) fucked the ICO investors by swaping the original coin (monaco coin IIRC) to CRO that has less value. But yeah i must be ignorant indeed GL with your gamble

cryptoquant112

Instant, feeless, fixed fully distributed supply. No bullshit mining. It’s one of the only pure cryptocurrencies. BTC is garbage beyond VC and hedge funds using it as a quick buck.

Mental-Health-Crisis

No. That's shitcoiner VC Mike Novogratz. [https://www.reddit.com/r/terraluna/comments/usowr9/billionaire\_who\_promoted\_luna\_and\_got\_tattoo\_was/](https://www.reddit.com/r/terraluna/comments/usowr9/billionaire_who_promoted_luna_and_got_tattoo_was/)

Aerocryptic

Looks like it's the current hyped VC coin. Low float / high FDV shilled by a lot of big accounts on CT. Probably a decent bet on the short term if btc doesn't dump. But i wouldn't invest in after a run and i don't like how manipulated it is on social medias (lot of paid advertisement undisclosed)

theweeJoe

Solana is a VC infested pump and dump network that relies on most of its usecase from meme coins which are largely scams. A lot of people on this sub support it because number go up, and probably will this cycle as well but people need to realise it's networks like Solana that are the problem in the crypto space

NotCoolFool

But Solana is a dogshit network that has to be restarted completely periodically and is owned by VC’s. So there is that.

TheJobinslegend

And laughs all the time. Lady, you're current VC and running for president, and you act like this is all a joke and you're the laughing stock. 

sleepy_polywhatever

The indictment isn't solely focused on the smart contract itself. The defendants used VC money to run an actual business that provided a web frontend for the smart contract and collected a fee by helping customers use the smart contract. The company itself was named Peppersec Inc. By making profit as an actual company in the US they were required to register with FinCEN and did not. They did not implement any of the measures required by US financial institutions to prevent doing business with criminals or terrorists. The evidence listed in the indictment includes text messages between the co-founders proposing to implement those security measures, then deciding not to, which means they knowingly flaunted the law. In fact there are a number of documented conspiracies to break the law within this indictment. It's worth a read if you have the time: [https://www.justice.gov/usao-sdny/file/1311391/dl?inline](https://www.justice.gov/usao-sdny/file/1311391/dl?inline)

RealEbenezerScrooge

Security is related to price, not what you think is sufficient. If it’s worthwhile to perform a 51 in terms of value to be stolen it become problematic. It’s rather hard to estimate the gains from a 51 because it’s not that easy to cash out before people notice, but we have to keep in mind that security is currently sponsored by block rewards and that is not so different from startups being subsidized by VC money only to find out that their business model stops once the VCs want to see an ROI.

Ankzar11

How is exactly PoS less inflationary than PoW? What in the world have mining costs to do with inflation? PoS is more efficient, period. Yes in theory attack cost is higher in PoS than PoW, generally. Still, many people trust PoW better, for a variety of reasons. And you might think "they're wrong" but it's not up to you to decide. And PoW doesn't have 30-60% of supply for VC/devs to dump on retail. PoS is, for the most part, a scam to make devs/insiders rich.

UpbeatFix7299

There are so many VC culture firms trying to squeeze value from their IP. There are tons of zombie publications using a once reputable name and running press releases or renting space to shills.

famine_inc

I’ve been enjoying Pirate Nation. Bought very little for it initially, maybe $100 total, and enjoy playing it daily. Probably could make a few pennies a day if i sold some of the items im earning through it and thats perfectly ok. After Gala in ‘21 I refuse to sink big money in to blockchain games. Just doesn’t make sense. These p2e economies that try to turn games in to jobs are always going to fail. Game quality first is just not something these blockchain companies really understand and usually boil down to a VC cash grab & slow rug. Gaming companies can easily integrate blockchain when the users demand it. Sony’s chain and Playstation will be interesting to watch.

Capital-Physics4042

It seems like good news are happening left, right, centre on my 2 favourite crypto XRP and ADA. For example Grayscale's launch of XRP trust which hints on an ETF on the way. VC investment partnerships for CARDANO. It also seems for each 1% rise in bitcon price, it's matched by around 9% increase in ADA. I'm sure all of these factors are going to help my precious ERGO hodl

Sad-Commission-999

Yup. Crypto is so desperate for narratives that the 50th ETH L2 still somehow gets some mindshare. I don't give the slightest fuck about some VC nonsense L2 that is years away from production, and every time I see one talked about it feels super bearish.

Whiskeywonder

Problem is people lump alts together in a homongenous lump. I dont see the point of investing in large cap alts maybe top 50 cmc. You may as well buy btc as the risk return isnt great. However buying into new upcoming alts that may well be the next 'blue chips' is where u can make a lot of money if you choose wisely. I know what people will say. Its just a random gamble what small cap alts do well...well its not. Take away memes, erc20 tokens for dumb use cases. VC scams etc and its quite easy to see who is genuinely making something innovative. Each cycle usually has less that 10 of these projects. I grabbed Fantom and Quant last cycle for peanuts. I admit its getting harder each cycle as more projects enter the market.

_reddit__referee_

Retail is done, Maybe retail helps with a doubling from here at most. If we are talking about another 10x in crypto, it is going to come from companies, pensions, investors, countries, and the ultra rich. Like it or not, it's all boomers, they have all the money and they don't buy random penny stocks (and for good reason). Even in normal finance, the high flyer speculative bets are avoided by most people to begin (including those with money), and any attempt at main streaming them results in scams, just look at penny stock and SPACs. VC, the exception to this rule, only functions as a specialized class of investors that have a lot of time, resources, and data. It is impossible for retail to do in depth and accurate DD, they literally can't get the data if they tried. The days of alt season are numbered, it was always gambling and there aren't enough gamblers left. Alts may get another bounce this time around but it will inevitably die.

Dettol-tasting-menu

No “alts” should be in any “portfolio”. Bitcoin, stocks, real estate, yes. Shitcoins, no. Don’t be the exit liquidity of some VC.

Ricogambino

https://preview.redd.it/ocp81dl4wznd1.jpeg?width=1284&format=pjpg&auto=webp&s=5babdb789393350303b1d7bdbb6732f9f9412ebf With all due respect Y’all should look into $HEGE. As they just partnered up with a VC and NFTs dropping soon. Do your own research, # HEGE has been booming and the community behind it is great everyone puts their part in also it’s the first I believe story driven meme coin with real projects behind it as well. My financial advice. Buy and hold HEGE don’t Believe me do your own research. I’m just trying to make everyone money

Ricogambino

With all respect y’all should look into $HEGE. As they just partnered up with a VC and NFTs dropping soon. Do your own research, #HEGE has been booming and the community behind it is great everyone puts their part in also it’s the first I believe story driven meme coin with real projects behind it as well. My financial advice. Buy and hold HEGE don’t Believe me do your own research. I just wanna make us all money https://preview.redd.it/ay8vemoarznd1.jpeg?width=1284&format=pjpg&auto=webp&s=e14ffa0aabebe58265d19bf27dbb0a6897439197

rk8821

The first story driven Memecoin, now backed by a VC-firm, unlocking chapters at different marketcap milestones. Time to $Hege your bets! https://preview.redd.it/cvk47qpf6znd1.jpeg?width=432&format=pjpg&auto=webp&s=802d19dada7074285a6a0a4b15de6c426cb93bab

coinfeeds-bot

tldr; Metaplanet, a Japanese publicly traded company, has increased its Bitcoin holdings to nearly 400 BTC with a new ¥300 million investment. This move is part of the company's strategy to capitalize on favorable tax treatment and provide domestic investors with exposure to Bitcoin. The investment was facilitated through a partnership with SBI Group's crypto arm, SBI VC Trade, enhancing Bitcoin trading and custody services. Metaplanet aims to use Bitcoin as a treasury reserve asset and as collateral for financing, benefiting from SBI's tax exemption service for long-term corporate crypto holdings. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

SherbertBudget3802

I hope we don't smell like poop, but with that being said, I can understand how you might think this opportunity is fishy, but we just have a low marketing budget ;). We are a VC-backed web3 user research platform. I'd encourage you to look through our X to see our partnerships and activity within the space. I can promise you we are very legit ;) Our X: [https://x.com/Desparkweb](https://x.com/Desparkweb3)3

SherbertBudget3802

Hello! I can understand how you might think that, but we just have a low marketing budget ;). We are a VC-backed web3 user research platform. Clients come to us and give us a target market for us to recruit. We find users, they interview the users, then you receive the payout. Our X: [https://x.com/Desparkweb](https://x.com/Desparkweb3)3

SherbertBudget3802

Hello! I can understand how you might think that, but we just have a low marketing budget ;). We are a VC-backed web3 user research platform. Clients come to us and give us a target market for us to recruit. We find users, they interview the users, then you receive the payout. Our X: [https://x.com/Desparkweb](https://x.com/Desparkweb3)3

Master-Ad5996

I think VC started buying Saturday

Master-Ad5996

VC buys already up to 1-5k per day till they reach 150K and then they can buy more up to 500k

BookJourneyJane_Girl

I don't understand why the VC wants to buy in at 30M market cap? Why would they want to buy in at 3X the price of the current MC?

CorneliusFudgem

People really equate high APY with good tokenomics If an APY is high, it means the token is inflationary. It erodes value extremely quickly Avoid coins with high APY (ATOM, DOT, DYM, SAGA, TIA). Take note most are IBC chains with absurd VC investors and constant sell pressure (from staked assets and bad vesting unlocks).

rk8821

https://preview.redd.it/x5o7i4i1ocnd1.jpeg?width=2100&format=pjpg&auto=webp&s=2a697ddcc6f2babf090b811b4298d28b7d40aba0 Enjoy your Saturday morning and $Hege some bets! With the VC contract signed $Hege is going to new heights! Look at WIF…

leavesmeplease

It’s interesting to see VC funding for crypto picking up like that. There’s definitely more optimism in the space lately. Do you think this means we’re moving back towards a bullish market, or are these VCs just betting on long-term potential?

pseudepigraphical

I know it looks like people are unkind. The 1ste part of it is the downward market making people cranky and 2th part is that you are going through the same story as 99% of people that first start in "altcoins" trying to make a quick buck, before they understand why bitcoin is different. Most people here don't see bitcoin as a Get-rich-quick scheme but as a don't-get-poor-slowly piggy bank. The same happened to me in 2017 starting with altcoins, getting hammered by the price, finally understanding that I was missing something. You asked for actual advice: Not all altcoins are outright scams (and some people working on them even believe in what they are building) but every altcoin I bought in 2016 and 2017 went down against bitcoin, and most went down to zero (even though they weren't outright scams) They all have insiders that benefit first and VC's that sell their bags to retail. I would never though any "altcoin" again with a ten foot pole. What I would advice is to read the most recommended bitcoin books and go down the bitcoin rabbit hole, understanding what makes bitcoin different from the rest. I went from 3k to 20k in 2017 and from 20k back to 3k in 2019, and from 3k to 65k in 2021 and 65k back to 16k in 2023. If your only in the space to make a quick buck you will think it is all over and you will not be able to stomach the volatility. The only thing that work is learning more about bitcoin and feeling comfortable or even happy when the price goes down, because you understand what you own while most of the world does not yet know why it will be important.

PsychologicalBoss976

With this VC deal 100m is in handsight

Ricogambino

https://preview.redd.it/zas6uu1u77nd1.jpeg?width=1284&format=pjpg&auto=webp&s=766af653eb6768d2599e284195c70adca7d63275 This will significantly boost the project’s potential and goal as Victus Capital is known for backing innovative and disruptive ventures, particularly in technology and finance. By injecting capital, Victus could: 1. **Increase Development**: With better funding, Hege could expand its technical infrastructure, improve scalability, and ensure more robust security on the Solana blockchain. 2. **Enhance Marketing**: Victus’s involvement could boost Hege’s visibility through strategic marketing campaigns and partnerships, potentially attracting new investors and users. 3. **Broaden Use Cases**: Hege could move beyond being a meme coin by developing decentralized applications (dApps), NFTs, or gaming integrations, making it more than just a community-driven project. 4. **Mainstream Adoption**: With a respected VC backing Hege, it could gain legitimacy, leading to listings on more centralized exchanges and increasing its appeal to institutional investors.

Present-Jellyfish-59

Everyone, please do yourself a favor and take a good look at HEGE, DYOR, and grab the biggest bag you possibly can!! Things are really really heating up with the first VC firm deal signed and going into effect, they will start buying their positions very soon!!! Between them buying on the market, which will cause $HEGE value to rise, along with helping increase value further with pushing tier 1 CEXs (they have deals with Binance, OKX, Gate.io, kucoin, etc...), KOLs, advertising, etc. More big players that want to see HEGE rise into the billions along with the rest of the Hege family. And there are already other VCs showing interest. This is just the start of our march to the billions, but it might happen FAST, so don't miss out!

Fluid_Elevator_6525

This is super bullish for the price and the project overall. Not many memecoins get the attention of this kind of a VC so it's definitely a sign of how strong HEGE is and also how solid the team are. VCs do their own due diligence before any investment so you can take this as a big green check mark on how the project is run. Price is going to be trading much higher from where it is now so this is the time to get on board. https://i.redd.it/pcr0qvojh5nd1.gif

PsychologicalBoss976

I heard Wif propelled to Billions with a VC

UncleFred-

Not only was the VC secured, but the community was able to bring the deal forward by donating a pot of Hege. This was no small sum either, with millions of Hege donated for the purpose. Now the VC will buy up a portion of the supply over some time. This will make everyone's existing Hege more valuable. In short, this is extremely bullish news. https://i.redd.it/muschf74k4nd1.gif