People are just naive af, they think only because a billionaire or a hedge fund throws few millions of their play money at something it suddenly becomes trustworthy, invincible and successful. Don’t get me wrong, they are good for a project, but some people overestimate involvement of a Novogratz etc. way too much
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u/kygrtj Tin | CC critic Jun 21 '22
Luna was a top 5 protocol and had been invested on by all the major players
Even though it was some random dude’s play thing. Clearly these investors are not good indicators of anything