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Haseeb: Venice is a company, not a decentralized protocol, and the attributes of the VVV token have been misunderstood.

Haseeb: Venice is a company, not a decentralized protocol, and the attributes of the VVV token have been misunderstood.

AiCoinAiCoin2026/07/05 15:31
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Dragonfly partner Haseeb stated that Venice is essentially a company rather than a decentralized network or on-chain protocol, and the vast majority of its clients are not crypto users. There is a market misunderstanding about the VVV token: VVV does not represent company equity and does not have network governance attributes. The company's founders have invested millions of dollars of their own funds for operations and have not raised funds by selling tokens. Haseeb pointed out that founders would not give away 50% of the company's equity for free in the early stages, so equating tokens with equity is logically incorrect, and the project team has always made VVV's positioning clear.
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