Every project is highly dependent on liquidity provided by the VCs and HFs. That's a huge problem because if the team and financiers disagree on what's the next step, the project might get drained in a matter of days. It wouldn't be the first time.
Liquidity is a huge problem for new projects.
We've been brainstorming on building a project on Hive, but it seems without liquidity our effort would turn worthless.
Seeing how it played out with pegaxy and similar projects the concerns only grow bigger.
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The other problem with VC money is that, at some point, they want to get paid. Here is where the users and VCs end up at odds.
And we all know how that ends.
Yes liquidity is vital and having the proper resources to start any project is vital.
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