Almost all web3 projects issue their own tokens. Before they allow you to buy any of these tokens, they reserve part of the supply to the dev team and VCs. The

Almost all web3 projects issue their own tokens. Before they allow you to buy any of these tokens, they reserve part of the supply to the dev team and VCs. The rest of the supply is issued to the community. If the project/token is successful, the monetary value of the token rises, which funds the development teams and helps VCs to get a return. So as always, big capital gets the early access, and us mortal do not. Still, for a serious project it's not as bad as it sounds. It could still end up meaning the project is 75% community owned, rather than the 0% in a fully central organization. You should apply scrutiny though to the "decentralized" claim. Most web3 projects aren't very decentralized at all.