刺耳的Whistle

This is Whistle’s 17th article, about whether there is something wrong with VC coins.

Author | Beichen
A few days ago, many friends forwarded the article "Return to Growth Drive: How Can VC Coins Get Out of the Dilemma of Narrativeism?" written by Loki of BeWater Venture Studio. The analysis of growth in the second half of the article is very exciting, but I think some of the views and details of the previous discussion of VC coins are worth discussing.
Let me first say the point that I agree with and think is very brilliant:

“The prosperity of 2020-2021 allowed some funds that should have closed down or should have closed down in the future to survive, and they also received money that they should not have raised. This money allowed some projects that should not have existed to continue to exist in 2021-2022, and even raised unreasonable amounts of money at unreasonable valuations, which ultimately led to these projects appearing in the secondary market at unreasonable valuations in 2023-2024.”

This is Whistle’s 16th article, discussing the Web3 Social track and the limitations of monetization.

Author | Beichen
The Web3 industry has emerged from the bear market in the past year. Although it is far from a real bull market, there are more and more voices about the coming of Social Summer. In particular, the recent arrest of Telegram founder Pavel Durov at a French airport on charges of fraud, money laundering, terrorism and other crimes has further attracted attention to social products.
This is not difficult to understand. The crypto-native technology route seems to have come to an end (after all, the necessary infrastructure is in place), but there is still no sign of mass adoption. In theory, the social track is the easiest to attract a large number of users, and it is also possible to settle into an ecosystem. Therefore, it carries the anxiety of the stagnant Web3 industry. Whenever social applications such as friend.tech and Farcaster perform slightly better, they will attract the attention of the entire industry.

This is Whistle’s 14th article about why and how Bull Market should guard against state-level hacking groups.

Interview | Beichen
Guest | Steven
The Federal Reserve's March meeting statement and press conference speech released last night excited the entire financial market. Of course, the real interest rate cut has not yet come, but it is confirmed that monetary policy will be gradually relaxed this year - liquidity will flow from the banking system to the risk market.
At this time, there are only 30 days left for the Bitcoin halving, and the Bitcoin ETF has opened a channel for liquidity to flow from the traditional financial market into the crypto market. Therefore, it is foreseeable that the bull market in the crypto market has already started, and investors are faced with just making more or making less. Few problems.