I see a lot of people here giving Solana flack for being a VC coin, but in the early days Ethereum also got flack for being a VC coin. Now people call Ethereum the "oil" of cryptocurrency while BTC is gold. (I think the better analogy Eth is "gas" but whatever). Not to mention Eth is also getting an ETF so it shows how far this VC backed token has gone.
ChatGPT says "Some notable investors for Eth included Union Square Ventures, Andreessen Horowitz, and ConsenSys. And it raised around 18 million." Can anyone with more braincells than me verify this? And how does this compare to Solana?
Besides that most of the Sol tokens locked for investors have been unlocked already, VirtualBacon made a video about this. I also mentioned this earlier in the sub but I thought I'd mention it again here.
I'm open to any corrections here, I'm still learning.
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