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

Interesting perspective on fundraising in the crypto industry. Looking forward to reading your long-form post on the topic!