<p>According to Wu, crypto KOL Cobie has questioned the "community rounds" in the current market, arguing that many so-called community rounds are actually heavily allocated to venture capital firms (VCs), with very low participation amounts for regular users. For example, in a $10 million community round, $7 million was allocated to 10 investors, most of whom were VCs or funds, while regular users could only purchase $1,000. Cobie believes that this practice goes against the original intention of "community rounds" and points out that including VC investments in community round data to exaggerate the scale is misleading.</p>

Wu learned that crypto KOL Cobie has raised questions about the "community round" in the current market, arguing that many so-called community rounds are actually heavily allocated to venture capital firms (VCs), with very little participation from ordinary users. For instance, in a $10 million community round, $7 million was allocated to 10 investors, most of whom were VCs or funds, while ordinary users could only purchase $1,000. Cobie believes that this practice contradicts the original intent of "community rounds" and points out that including VC investments in community round data to exaggerate scale is misleading.

Cryptocurrency KOL Cobie questions the "community round" in the current market.