🍀 Spring Date with Fortune, Prizes with Raffle! Growth Value Phase 1️⃣ 7️⃣ Spring Raffle Carnival Begins!
Seize Spring's Good Luck! 👉 https://www.gate.com/activities/pointprize?now_period=17
🌟 How to Participate?
1️⃣ Enter [Square] personal homepage, click the points icon next to your avatar to enter [Community Center]
2️⃣ Complete Square or Hot Chat tasks such as posting, commenting, liking, speaking to earn growth value
🎁 Every 300 points can raffle once, 10g gold bars, Gate Red Bull gift box, VIP experience card and more prizes waiting for you to win!
Details 👉 https://www.gate.com/ann
About $SEA current situation
The history is extremely consistent - the scene where capital would rather destroy milk than give it to the poor is happening again in WEB3.
In a weak market environment, project teams (capital) would rather delay/withhold token distribution (equivalent to destroying the "milk" by pouring it into the river) rather than give token value to the community/retail investors now.
History hasn't changed, just wearing a blockchain costume.
Once some VCs have grown strong, they are no longer willing to grow alongside retail investors.
Look at the tokens on the rankings - how many tokens were issued during bull markets?
So waiting for the market to turn around before issuing tokens is destined to be dark.