Hype surges
One of the biggest beneficiaries will be entropy
1/ Another vampire attack?
Uniswap still hasn’t issued tokens, and that gave rise to Sushi.
Opensea still hasn’t issued tokens, and that led to Blur.
Now history is repeating itself.
Trade xyz hasn’t issued tokens, so entropy appeared.
So far, the official account hasn’t published a single tweet, but X is already filled with promotion and discussion.
It’s clear how high everyone’s enthusiasm is.
2/ A few rumors about Entropy
There are mainly two rumors circulating in the market about Entropy.
▌First rumor: funding background
It’s said to have completed a $15 million seed round, led by Ribbit Capital.
But I couldn’t find entropy’s name on Ribbit’s portfolio page. Nor could I find any related news.
I don’t know where this rumor came from.
▌Second rumor: team background
It’s said that two team members are former Polymarket employees, and others claim it’s backed by Jane Street and Citadel.
This one can’t be verified either.
3/ Summary
In any case, Entropy is clearly not a typical project.
With almost no official marketing, it has already attracted a large number of KOLs and OGs.
Plus, the overall quality and polish of the website feels high—like a well-prepared, professional unit rather than a makeshift crew.
dyor
One of the biggest beneficiaries will be entropy
1/ Another vampire attack?
Uniswap still hasn’t issued tokens, and that gave rise to Sushi.
Opensea still hasn’t issued tokens, and that led to Blur.
Now history is repeating itself.
Trade xyz hasn’t issued tokens, so entropy appeared.
So far, the official account hasn’t published a single tweet, but X is already filled with promotion and discussion.
It’s clear how high everyone’s enthusiasm is.
2/ A few rumors about Entropy
There are mainly two rumors circulating in the market about Entropy.
▌First rumor: funding background
It’s said to have completed a $15 million seed round, led by Ribbit Capital.
But I couldn’t find entropy’s name on Ribbit’s portfolio page. Nor could I find any related news.
I don’t know where this rumor came from.
▌Second rumor: team background
It’s said that two team members are former Polymarket employees, and others claim it’s backed by Jane Street and Citadel.
This one can’t be verified either.
3/ Summary
In any case, Entropy is clearly not a typical project.
With almost no official marketing, it has already attracted a large number of KOLs and OGs.
Plus, the overall quality and polish of the website feels high—like a well-prepared, professional unit rather than a makeshift crew.
dyor