區塊先生 🐡 ⚠️ (rock #58)(@mrblocktw ):I get your point, but in Web2, when a company raises from angels or funds and goes public, most investors aren’t even locked up — it’s a free market where you can sell and let price discovery happen naturally. Some IPOs have 30–90 day lockups, but not years. Meanwhile, crypto VC invested 2 years before TGE, and now they’re locked for another year after launch. That’s 3 years without liquidity. Add a 2-year vesting, and you’re talking about 5 years total.

區塊先生 🐡 ⚠️ (rock #58)

@mrblocktw

investor & advisor at @CurveFinance @PleasrDAO @ethena_labs @lighter_xyz & Puffer 🎍I make Crypto videos 平時就是做做Crypto影片和天使投資

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區塊先生 🐡 ⚠️ (rock #58)@mrblocktw

2025.10.25 10:20

I get your point, but in Web2, when a company raises from angels or funds and goes public, most investors aren’t even locked up — it’s a free market where you can sell and let price discovery happen naturally. Some IPOs have 30–90 day lockups, but not years. Meanwhile, crypto VC invested 2 years before TGE, and now they’re locked for another year after launch. That’s 3 years without liquidity. Add a 2-year vesting, and you’re talking about 5 years total.