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1confirmation founder: 4 of the top ten tokens in market value follow the "crypto VC" script
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2 hours ago 7,637
On March 1, 1confirmation founder Nick Tomaino posted on the X platform that over the past decade, the crypto team has raised a large amount of venture capital, followed by large-scale token lockouts, small floating and vigorous marketing to manipulate prices and FDV and attract retail investors. There are no doubt other insider games, such as paid market makers creating liquidity or just intentionally conducting insider bids for tokens, but the most basic "crypto VC" script is: - Raise over $100 million and hype the deal with a wonderful narrative; - Launching blockchain; - Allocate 50%+ tokens to internal personnel; - Create a total supply of tokens of over 100 million; - Unlock 20% or less of the total supply when the token goes live; - Execute large-scale paid marketing activities. Anyway, the script is evaluated, but the fact is that it works very well, 4 of the top 10 tokens in the market cap have executed the script and created more than $250 billion in value. Looking ahead, the biggest question is whether this model will continue to work? But according to the recent Memecoin gouging and selling, there seems to be a long way to go.
Keywords: Bitcoin
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