$BAT
-2.25%
Most of the promising infrastructure projects that raised funds recently will eventually become the next EOS, TRON, or Brave. Those who find PMF will grow like Brave, but the fate of their token will be similar to $BAT after the token inflation is over. Ninety percent of these so-called projects backed by top-tier VCs are essentially white-collar grifters who promise shiny things, raise funds, run the project for three or four years, and eventually die. When they do, founders and VCs will still make money, while retail investors will lose. It's time we stop celebrating VC-backed projects and start focusing on community-aligned projects. If we fail at that, the community will keep trading memes, which isn't good for the larger section of the community, as the greed factor is always high and lacks fundamental backing.
From X

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