Crypto VCs still stubbornly refusing to get it

State of web3

many such cases

Basically BOME 2

Like Darkfarms had previously launched an NFT collection that did moderately well, and then launched a memecoin BOME which went had one of the hugest fastest booms in crypto ever

Now another artist who’d previously launched a moderately successful NFT collection, mfers, has done the same, launched a similarly themed crypto, and it has mooned.

Turns out fungibility might be a good idea after all.

Crypto influencers had been immediately declaring BOME the last big chance at generational wealth.

This wave just barely getting started.

No joke the -6th loud person on my timeline from before this wave who’s gone from broke to millionaire overnight.

This is the big one.

Now up 2 million percent, since 12 hours ago

Hmm both the mfers and the darkfarms nft collections were among the few collections I’d been following for a long time,

despite never buying, and never intending to buy any nfts

Wave shaping up to be a dankness literacy test.

Terminally online rise up.

Those who refused to look deeper until now, gl

(rtrd/acc)

Boom of a lifetime

Probably 95% of the reason so many regular people are getting rich this time,

and the gini index is so flat on these memecoin returns is

— Because the VCs aren’t touching the memecoins

VCs badly killed profitability for regular investors and non-vc-anointed builders in the last cycle.

Plenty of evidence of it in the charts.

Down with the crypto VCs.

This one for degens.