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Don't remind me again today

The capital management institutions for the new AC project Flying Tulip are MEV Capital and Re7 Labs, and the community calls for a re-selection.

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On November 17, crypto KOL @Cbb0fe called out to Andre Cronje on platform X, suggesting to reselect the $1 billion fund management institution for Flying Tulip. Official information shows that the current fund management institutions are MEV Capital and Re7 Labs, and both have performed disastrously in the recent DeFi series meltdown. In September this year, the crypto project Flying Tulip, newly established by Andre Cronje, announced the completion of a $200 million private sale seed round financing with a valuation of $1 billion. This round of financing was participated by Brevan Howard Digital, CoinFund, DWF Labs, FalconX, Hypersphere, Lemniscap, Nascent, Republic Digital, Selini, Sigil Fund, Susquehanna Crypto, Tioga Capital, and Virtuals Protocol. The $200 million financing was completed through the Simple Agreement for Future Tokens (SAFT) structure, and Flying Tulip aims to build an on-chain trading platform covering the entire DeFi field— including Spot, derivation, lending, stablecoin, and insurance, unified in one system.

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