everyone thinks a stacked team and clean architecture is enough to survive crypto but actually if the raise fails the project just dies.
ngl that one stings. you do the research, you buy the story, then they post that fundraising fell short and the whole thing is gone. no exit, no warning, just lights out.
linera is the case study sitting in front of us. ex-meta talent, microchains, real engineering. still shut down because they could not close the round. that is not a shady rug, that is the market and the vcs saying the story is not worth the check. while $btc keeps grinding and greed sits at 70, capital got picky as hell. $eth already proved the demand. even $fil had to grind for years before anyone cared. new infra that needs a fat raise just to keep the lights on is getting left on read.
we keep aping pedigree like it prints money. it does not. if they cannot fill the treasury there is no chain. wagmi only applies to the ones that actually ship with a bankroll.
anyone else seeing how fast these next l1 stories are going dark?
#LineraShutsDownAfterFundraisingFallsShort #BTCBreaks80K #BitcoinMarketCapTopsTesla
ngl that one stings. you do the research, you buy the story, then they post that fundraising fell short and the whole thing is gone. no exit, no warning, just lights out.
linera is the case study sitting in front of us. ex-meta talent, microchains, real engineering. still shut down because they could not close the round. that is not a shady rug, that is the market and the vcs saying the story is not worth the check. while $btc keeps grinding and greed sits at 70, capital got picky as hell. $eth already proved the demand. even $fil had to grind for years before anyone cared. new infra that needs a fat raise just to keep the lights on is getting left on read.
we keep aping pedigree like it prints money. it does not. if they cannot fill the treasury there is no chain. wagmi only applies to the ones that actually ship with a bankroll.
anyone else seeing how fast these next l1 stories are going dark?
#LineraShutsDownAfterFundraisingFallsShort #BTCBreaks80K #BitcoinMarketCapTopsTesla
