03:44
MV Global Partner: No project in the industry needs more than $10 million in financing
The cryptocurrency industry does not need any project to raise more than $10 million. VC's massive funding for projects like Berachian, Monad, Abstract, Movement is simply because they need to spend this money. In fact, VC is providing these newly established companies with more than 5 years of operating capital, and these projects can also obtain additional funding during token issuance. Tom finally urged not to have more than $10 million in financing and no more than $100 million in valuation.