Smartecvitalik

Bitter truth:
90% of the funding announced by Web3 projects is fake. Almost everything is inflated. The strategy is always "fake it till you make it." The idea is to announce over-inflated funding at ridiculous FDVs to lure unsuspecting retailers into a trap.
- Fake funding
- Fake metrics
- Fake hype
- Fake community
- Sometimes even fake tech
Of the remaining 10%, half are merely money laundering schemes.
So, next time you wonder why it's so difficult to find solid projects like Hyperliquid, Solana, Arbitrum, Optimism, or Base e.t.c, remember: only 5% of these projects have real builders, aut
90% of the funding announced by Web3 projects is fake. Almost everything is inflated. The strategy is always "fake it till you make it." The idea is to announce over-inflated funding at ridiculous FDVs to lure unsuspecting retailers into a trap.
- Fake funding
- Fake metrics
- Fake hype
- Fake community
- Sometimes even fake tech
Of the remaining 10%, half are merely money laundering schemes.
So, next time you wonder why it's so difficult to find solid projects like Hyperliquid, Solana, Arbitrum, Optimism, or Base e.t.c, remember: only 5% of these projects have real builders, aut