Web3 Principles Questioned By Crypto Detective In Response To Moonrock Capital CEO

According to Odaily, crypto detective ZachXBT recently responded to a tweet by Simon, the CEO and partner of Moonrock Capital, regarding the fundamental principles of Web3. ZachXBT criticized Simon for his involvement in several projects during the last cycle, which he claims negatively impacted retail traders due to uneven distribution practices. ZachXBT highlighted specific projects such as Degen Ape Academy NFT and Punks On Solana NFT as examples of those that allegedly harmed retail investors. The detective's remarks suggest skepticism about Simon's authority to discuss Web3 principles, given the perceived adverse effects of these projects on the broader trading community. This exchange underscores ongoing debates within the crypto community about ethical practices and the equitable distribution of digital assets.