ABCDE has halted new investments, signaling a strategic reassessment of its direction. Co-founder Du Jun criticized the industry's short-term focus, emphasizing the need for sustainable value in projects over quick market entries.
The decision, while not due to financial issues, aims to shift the ecosystem away from unsustainable practices prevalent in venture capital.
Du Jun's comments reflect concerns within the crypto community and point toward encouraging long-term investment philosophies and support for mission-driven projects.
Full story here: https://coincu.com/333061-abcde-halts-investments-rethink-strategy