1confirmation founder: 4 of the top ten Tokens by Market Cap follow the 'encryptionVC' script.

PANews reported on March 1st that Nick Tomaino, the founder of 1confirmation, wrote on the X platform that over the past decade, the encryption team has raised a large amount of venture capital, followed by large-scale Token locking, small-scale fluctuations, and aggressive marketing to manipulate prices and FDV and attract retail investor. There is no doubt that there are other insider games, such as paid market makers creating Liquidity or simply deliberately conducting insider bidding for Tokens, but the most basic 'encryptionVC' script is:

• Raise more than $100 million and hype the deal with a great narrative;
• Launch blockchain;
• Allocate 50%+Token to internal personnel;
• Create a total supply of Token exceeding 100 million;
• Unlock 20% or less of the total supply when Token goes online;
• Carry out large-scale paid marketing campaigns. Regardless of how this script is evaluated, the fact is that its effect is very good. Among the top 10 Tokens by market capitalization, 4 of them have implemented this script and created a value of over 250 billion US dollars. Looking ahead, the biggest question is whether this model will continue to be effective. But judging from the recent hype and sell-off of Memecoins, it seems that there is still a long way to go.