Blast’s marketing approach “devalues ​​the work of a serious team” – Paradigm

Paradigm, A of Blast seed Investors, critical THE the protocol decision has launch A bridge Before It is L-2 And withdraw capacity.

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Cryptocurrency adventure capital farm Paradigm critical Blast protocol marketing strategy, affirming THE to start up "crossed lines In both Messaging And execution." THE Capital risk farm East A seed investor In Explosion.

THE head of research has Paradigm, Dan Robinson, sharing A statement on X (Previously Twitter) express disagreement about Blast decision has launch A bridge Before It is layer-2 network And has not allow withdrawals For three month. "We think he sets A bad previous For other projects," Robinson wrote, add that "a lot of THE marketing devalues THE work of A serious team. »

There are A plot of Components of Blast that I am excited about And would be be interested In engaging with people on. That said, We has Paradigm think THE announcement This week crossed lines In both Messaging And execution. For example, We don't do it accept with THE decision has launch the…

— Dan Robinson (@danrobinson) November 26, 2023

Paradigm has has been In touch with Blast about It is concerns, Robinson note, emphasizing that "there are always a lot points of disagreement" between THE businesses.

Despite THE critical, THE head of research Also recognized that Blast team East shape by "world class builders, » with demonstrated "ability has build great some products." Blast governance structure East not clear, as East Paradigm role In THE startups decision making process. According to has Robinson:

"We invest In strong, independent founders WHO We don't do it always accept with. But We to understand that people can look has We has together A example on best practices In crypto. We don't do it endorse these types of tactical And take OUR responsibility In THE ecosystem ...