Famous investor Naval: Most crypto projects will fail because the founding teams become wealthy too early.

Renowned investor Naval has stated that most crypto projects will fail because the founding teams become wealthy too early and are unable to recruit new members. Multicoin founder Kyle mentioned that the best founders are not entirely driven by financial incentives. Naval is a well-known angel investor in Silicon Valley, having invested in notable tech companies such as Twitter and Uber, and he is also a successful entrepreneur who founded the equity crowdfunding platform AngelList.