I stopped making seed investments a year ago because of stupidly high valuations for crypto vapour
It seems nature is healing. As revenue beats vapour, valuations have plummeted.
Finally signed my first seed check of the year, insanely excited.
Many more to come 👀

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Original Author | Keegan Xiaogang Original Link:
My First Web3 Startup: From Building a DEX Team to a Funding Crisis. Disclaimer: This article is a reprint. Wu Blockchain has been authorized by the author to reprint it. Readers can obtain more information through the original link. This reprint is for informational purposes only and does not constitute any investment advice, nor does it represent Wu Blockchain views or positions.
The full text is as follows:
I reviewed the technical content I've shared over the past few years and clarified my future direction: no longer focusing solely on "explaining the technology," but rather hoping to adopt a Builder's perspective, reviewing past projects I've worked on...

My first startup on Web3: From high morale to funding shortage and project dissolution

Cryptocurrency industry giants have flocked to Abu Dhabi, desperately seeking funding to revitalize the sluggish market. As Bitcoin loses momentum since October and the industry faces an unexpected downturn, key figures ranging from MicroStrategy founder Michael Saylor to Binance founder CZ have appeared in the UAE capital, hoping to secure financial support from deep-pocketed local investors.
According to a Wall Street Journal report on Sunday, cryptocurrency executives were busy traveling between various venues last week, from a Bitcoin Middle East conference to a "whale-only" beach club dinner, and champagne on a superyacht...

In a bear market, crypto tycoons are banding together to embrace big investors! They've gathered in Abu Dhabi, calling the UAE "the new Wall Street of crypto."

The founder of ARK Invest recently continued to attract attention from the cryptocurrency community by publicly naming three crypto assets that she values ​​most highly at the moment, including Bitcoin (BTC), Ethereum (ETH), and others.