brypto

> Abstract only raised around $20M total

> *only*

No hate to Abstract / Igloo, Inc. but this industry's relationship with money and fundraising is quite distorted

Will eventually write a long-form post about how raising for infra vs. consumer reveals a lot about crypto's priorities

https://x.com/ayyyeandy/status/1859543888945623158

For founders in more or less any other industry this would be a massive windfall. 

I truly am undereducated I don’t see how these round sizes are justified (is it really token warrants driving this) and look forward to the piece

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com