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At best it's seed investment. You seed 100 projects that show promise and hope one of them is a home run. VCs do something similar, with 90% of their investment
by CryptoPunk 9y ago
At best it's seed investment. You seed 100 projects that show promise and hope one of them is a home run. VCs do something similar, with 90% of their investments failing. The quality of token investing really depends on the due diligence done and the investment strategy pursued by the token buyer.
- aaron-lebo 9y agoThe problem is when you have 100,000 amateur investors, the likelihood of due diligence drops pretty dramatically and the strategy usually consists of "this looks good".