After careful consideration, I decided to dissolve Negentropy Capital, which I co-founded with two other partners. We will liquidate the remaining funds and investment project quotas of the Negentropy Fund. The partners will take what they are due, and I will start anew as a solo VC independent investor like Mike Gang.
Starting anew means looking at the world from a completely new perspective, discovering interesting and valuable projects, and helping those who truly want to achieve something create miracles in the future of blockchain and AI!
I must admit that I have been very unsuccessful in the past few years. I have been living off my past achievements in the crypto industry without creating new value. I also can't compete with the younger generation of commanders. Meme and PvP are your strengths and your world. I can't beat you, I concede!
Recently, in a time of liquidity exhaustion in the crypto market and seeing little hope, I feel that a force compels me to do something, not just for profit but for a sense of mission. The crypto world has reached a point where it needs to be transformed, to truly change traditional banks, payments, stocks and securities, and even fiat currencies!
Most people are still waiting for the altcoin season to arrive, waiting for the next big golden dog to appear, waiting for their own A8A9A10. I hope you all get the results you want...
But I will start anew, discovering interesting people and valuable things like Mike Gang, and walking side by side with these interesting people, doing interesting and valuable things!
I have already invested real money in two projects and joined their teams, working with them to develop product prototypes, striving for the best experience, and striving to present carefully prepared products that will make users scream as soon as possible 🙏
The first product is https://t.co/TIC3kfvvIU, a real-time communication YY for the Trenches community built for crypto users. Inside, you can find trench bros with the same trading preferences as you, with chat, voice live broadcast, guild red envelopes, and sign-in. In addition, combined with AI to capture on-chain signals and Dex aggregation trading tools, Mydx wants to bring back the original feel of the crypto market: it's too bitter and difficult to speculate on coins alone, where can you find partners along the way? Come to https://t.co/z2pEAqz0da to find them!
The second product, PerpStock, is a perpetual contract trading product based on the US stock market. It can be understood as combining the most popular leveraged perpetual contract gameplay in the crypto market with US stock individual stocks and indexes, and using the convenience of usdc/usdt stable currency deposit and withdrawal, creating a new RWA product: on-chain US stock perpetual contract/ETF leveraged token DEX exchange, even if you miss the hyper 100x opportunity, don't be afraid, we will have PerpStock in the future!
If you have hope for the crypto industry, and you still want to make a product that makes users scream in the crypto market, and you want to be a builder to achieve financial freedom, you can talk to Fengjing, maybe you are Wang Ning of the future crypto market, and I am Mike Gang of the crypto market, let's create a Pop Mart, isn't it fun?
I sold all the Bitcoin, Ethereum, and other messy altcoins and NFTs in my wallet, leaving only this little money. Only by letting go of all distractions and going all out, can we have the hope and courage to win in a last-ditch battle. Let's see the results in five years, either I lose everything, or I create a miracle! Who cares so much, after all, we only live once! Just do it YOLO!
Life is about walking and seeing the scenery
2025.6.21