DefiLlama Founder Highlights Concerns Over Token Holder Returns

According to Foresight News, DefiLlama founder 0xngmi recently highlighted a concerning trend in the cryptocurrency sector. He pointed out a typical scenario where a project initially secures venture capital investment through equity financing. Following this, the project raises additional funds by selling tokens and NFTs, issuing tokens that resemble equity. Eventually, the project is acquired for a nine-figure sum in USD. While equity holders, including investors, founders, and employees, receive full returns, token holders end up with no financial gain.