Let's delve deeper into the Folks project. We've discussed what it does and its development direction, but we haven't clarified its background—why is this project worth long-term optimism?
First, let's talk about Folks' funding background. This project received support early on from top-tier investment institutions such as Coinbase Ventures, Jump, and ParaFi. This alone speaks volumes. Gaining the favor of these leading VCs indicates that the project's team and direction were recognized during the evaluation phase. Projects backed by these top investors often represent significant industry trends.
Why is this background important? Because these investors themselves have deep involvement in the Web3 ecosystem, and their choices often reflect market judgments about the long-term value of certain sectors or projects. In other words, Folks attracting such support is a strong signal—it’s not a short-term hype project, but a product with real implementation potential.
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Let's delve deeper into the Folks project. We've discussed what it does and its development direction, but we haven't clarified its background—why is this project worth long-term optimism?
First, let's talk about Folks' funding background. This project received support early on from top-tier investment institutions such as Coinbase Ventures, Jump, and ParaFi. This alone speaks volumes. Gaining the favor of these leading VCs indicates that the project's team and direction were recognized during the evaluation phase. Projects backed by these top investors often represent significant industry trends.
Why is this background important? Because these investors themselves have deep involvement in the Web3 ecosystem, and their choices often reflect market judgments about the long-term value of certain sectors or projects. In other words, Folks attracting such support is a strong signal—it’s not a short-term hype project, but a product with real implementation potential.