Interesting article about particular VCs effect on crypto. It | ChainHedge

Interesting article about particular VCs effect on crypto. It is not a secret that access to liquidity is important to perform exit, especially for significant VC's bags. Big exchanges such as Coinbase can get access to retail money.

Personally, I really don't like VC ownership approach for crypto projects since it reduces the engagement of a community into developing processes or building services on top. There are exceptions where a state of ownership of a token doesn't really matter since a project is built by a particular team and overall is considered only as a utility for end-users(like Binance or Maker).

Based on my previous experience all L1 solutions which were backed mostly by VC eventually failed, so I am kinda biased in this term. But 2021 showed that people are still ready to buy VCs unlocks and push prices high, so purchase at the early stages of such projects could be reasonable for short-term\middle-term and they even can outperform ETH.

https://startupsandecon.substack.com/p/you-dont-own-web3-a-coinbase-curse