Information about the withdrawal event of Negentropy Capital and its impact on the cryptocurrency market
Founder Billy.BUIDL announces the closure of Negentropy Capital
On June 21, important news spread within the cryptocurrency community. The founder of Negentropy Capital, Billy.BUIDL, announced on platform X that the company would officially be dissolved. He decided to liquidate all remaining funds and investment projects of Negentropy Fund. Instead of continuing to operate under a collective investment fund model, Billy will return as a solo angel investor, similar to Mai Gang. This is an important step in his personal journey in the volatile cryptocurrency market.
Reasons and impacts of the decision
Billy.BUIDL admits that the past years have been a period of failure for him in this field. He shares that he mainly lives off old capital from the cryptocurrency market, but no longer creates any new value. The closure of Negentropy Capital draws attention, as it is one of the notable investment funds that contributed to stabilizing capital flow and developing projects in the industry. The cryptocurrency market is expected to be affected to some extent by this event, especially concerning projects that have received funding from the fund.
Impact on the community and investors
Billy.BUIDL's withdrawal could create a wave of negative or positive emotions within the community. Some investors are concerned about a decrease in funding support for new projects, while others believe this is a necessary step to avoid larger risks in this volatile market. In particular, this decision helps reshape the perspective on the role of individual investors and investment funds in promoting innovation and development in cryptocurrency.
The future of individual Billy.BUIDL in the cryptocurrency market
After this event, Billy will operate independently, focusing on potential projects and personal innovations. Returning as an angel investor allows him to minimize risks and better leverage opportunities in this volatile market. This also demonstrates that the cryptocurrency sector, while attractive, always requires the ability to adapt and continuously innovate from investors and fund managers.
Source: https://tintucbitcoin.com/negentropy-capital-giai-the-va-thanh-ly-du-an/
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