yyy|11月 14, 2025 06:06
Troubles never come alone.
The decentralized sequencer project @AstriaOrg, which raised a total of $18 million in two rounds of funding, has announced it is ceasing operations.
Investing in projects is essentially investing in people. If VCs chose to back founders with such poor judgment, they can only blame themselves for their bad luck.
If only they had learned from their predecessor in the same niche, @EspressoSys, and pivoted to a new track as soon as decentralized sequencers were debunked, they wouldn’t have had to exit in such a manner.
No testnet launch, no Odyssey campaign, no NFT drops, no exploiting contributors.
From this perspective, at least they’ve shown some conscience.
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