Folius Jason deciphers “VC coins” and “group projects”: Why does bad money drive out good money?

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Chainfeeds Digest: Folius Ventures founder Jason Kam analyzed the current phenomenon of bad money driving out good money in the cryptocurrency industry in a podcast. He believes that the industry has an oversupply of projects without the ability to generate cash flow, coupled with the lack of secondary market buying power, leading to the current situation where speculative projects are rampant. This article was compiled by Wu Blockchain. Source: https://mp.weixin.qq.com/s/s4WjAqoF7QXK8w_IKNuqWA Author: MapleLeafCap

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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