The GoPlus and Myshell drama has revealed an old story within the circle!

The protagonist is someone named May Liu (Piao Piao), who hails from the Shanghai cryptocurrency scene and started Spark Digital Capital in its early days.

While other VCs invest real money, she does not; instead, she plays the game of "market outsourcing + financial consulting," tricking VCs into taking over projects while she gets tokens for free. In 2021 and 2022, as VCs became more competitive, it became harder to take down peers and good projects no longer offered free incentives, so she turned around and set up a Web3Port incubator, specifically packaging early-stage projects and pulling in VCs, conveniently taking 1-3% of the tokens.

Just incubating isn't enough; she also needs to monetize! So she created Whisper, a market maker that ostensibly helps projects with market-making but actually opens up an outlet for the tokens she holds. From Spark to Web3Port to Whisper, this streamlined process specializes in listings on Binance, with retail investors effectively becoming her ATM.

A year to get listed on Binance? Not only did she achieve it, but she has been playing this game for several years! This operation, do you respect it or not? #bnb $btc