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1confirmation founder: 4 of the top 10 tokens by market value follow the “crypto VC” script

1confirmation founder: 4 of the top 10 tokens by market value follow the “crypto VC” script

CointimeCointime2025/03/01 17:00
By:Cointime

On March 1st, 1confirmation founder Nick Tomaino wrote on the X platform that over the past decade, crypto teams have raised a large amount of venture capital, followed by large-scale token lockups, small fluctuations, and aggressive marketing to manipulate prices and FDV and attract retail investors. Undoubtedly, there are other insider games, such as market makers creating liquidity or deliberately conducting token insider bidding, but the most basic "crypto VC" script is: - Raise over $100 million and hype the deal with a great narrative; - Launch a blockchain; - Allocate 50%+ of tokens to insiders; - Create a total token supply of over 1 billion; - Unlock 20% or less of the total supply when the token goes live; - Execute large-scale paid marketing campaigns. Regardless of how you evaluate this script, the fact is that its effects have been very good, with 4 of the top 10 tokens by market capitalization following this script and creating over $250 billion in value. Looking ahead, the biggest question is whether this model will continue to be effective? But based on the recent hype and sell-off of Memecoins, it seems that there is still a long way to go.

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