So ruthless, laying off 65% at once; this has become the standard for soft exits, clearly showing a lack of confidence in the future market while cashing out. The routine is basically the same: issue tokens → pump the price → cash out → lay off employees → leave an operational account to fool people, and in the end, the founder just walks away. Eclipse is not the first, nor will it be the last.

In the crypto industry, similar situations are not uncommon. For example, the once highly regarded Layer 1 project Pi Network (Pi) has seen a significant reduction in team activity and a decline in community engagement after the mainnet launch, making the project’s long-term development direction unclear.

These phenomena reflect a problem: many Web3 projects have short lifecycles, and teams often choose to cash out after completing token issuance or reaching certain milestones.

In such an environment, projects that survive across cycles tend to be more attractive. For instance, projects like Uniswap and Aave, despite experiencing market ups and downs, remain active and continue to drive ecosystem development.

For those working in Web3, it is more reliable to choose projects with long-term planning, trustworthy teams, and stable ecosystems, so that even if the market changes dramatically, they can maintain their footing, feel less anxious, and experience more growth.