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

Tell me a chain with more high quality app deployments lined up for mainnet than Abstract.

Abstract only raised around $20M total. One round several years back, and one recently. From what I can assume, they aren't paying these builders millions and millions to commit, at least…

Andy

> 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

im crying - real companies with real products and real users struggle to raise this in their lifetimes

meanwhile, crypto founders raising $20m on vibes and mental illness

you probably don’t think about liquidity enough // it is what it is  // build value, not valuation

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