Du's overall statement also highlights the structural divide between the "value discovery" and "short-term realization" in the Primary Market.
Not only do retail investors hate "VC coins" and "penny coins," but some builders are also gradually discovering the problems in this situation. The model of "financing - issuing coins - listing - selling - losing control" is accelerating the industry in the opposite direction of value. The action of ABCDE this time is not a "withdrawal", but a "repositioning". I wish them the best in redefining the boundaries and meaning of "Web3 investment".
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Du's overall statement also highlights the structural divide between the "value discovery" and "short-term realization" in the Primary Market.
Not only do retail investors hate "VC coins" and "penny coins," but some builders are also gradually discovering the problems in this situation. The model of "financing - issuing coins - listing - selling - losing control" is accelerating the industry in the opposite direction of value.
The action of ABCDE this time is not a "withdrawal", but a "repositioning". I wish them the best in redefining the boundaries and meaning of "Web3 investment".