@BitlayerLabs Sprint Rankings Financing Advantages and Risks: The Double-Edged Sword of VC Halo
Introduction:
Last night I saw Bitlayer raised 25 million USD, still led by big names like Polychain and Franklin Templeton. Everyone is saying, 'There's a big shot backing them.'
Advantages of VC Support:
Brings brand endorsement, enhances market recognition;
Resource integration, connects upstream and downstream ecosystems;
Provides ample funding, supports long-term R&D.
But doubts are also apparent:
What percentage does VC account for? If future selling pressure concentrates, it will affect market sentiment;
Is there an over-reliance on capital? Projects without community consensus are difficult to sustain;
The pace of traditional institutions may be disconnected from the expectations of crypto-native users.
In summary, the VC halo is the starting point for Bitlayer, but not the endpoint. Whether a genuine community recognition can be established is the key.