Web3Port has invested in so many projects, selling tokens as soon as they launch, forming a complete arbitrage pipeline.
Zhao Changpeng retweeted Kuai Dong (@_FORAB) regarding the market maker Web3Port's disclosure tweet, which stated, "The GoPlus and Myshell incidents have revealed a complete arbitrage pipeline established by May Liu (Piao Piao) and her team, from Spark Digital Capital to Web3Port, and then to Whisper. Initially, Spark operated in the name of VC, actually relying on off-market outsourcing + FA business to allow VCs to invest in projects while obtaining free tokens. After the industry competition in 2021 and 2022, project parties were unwilling to give tokens for free anymore, so they turned to the incubator model, establishing Web3Port to provide project packaging and VC connections in exchange for 1-3% of tokens. But relying solely on the incubator was not enough for monetization, leading to the formation of the market maker Whisper, which, under the guise of market making, actually created a window to sell the free tokens they held. Ultimately, this system became a complete pipeline from packaging financing to exit, while retail investors of Binance became the final payers."
Bitlayer may be facing a reverse situation, Pell and Kernel have not spent any money, which is good.
Let's see which projects you have leveraged that were packaged by Web3Port.
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