Uniswap founder: Founders and VCs need to stop valuing start-up, unissued crypto projects above $1 billion

In a social media post, Hayden Adams, founder of Uniswap, said that cryptocurrency founders and venture capitalists need to stop valuing projects above $1 billion in the early stages of development and have not yet released tokens until they are truly worth that valuation. Building something worth 7-9 figure dollars is an incredible achievement, and not every project needs to be a unicorn when it first starts. Also, Hayden Adams said, maybe a little naive, but I think you can make more money by raising money at a fair valuation as a founder (real talent wants upside) and investing at a fair valuation as a venture investor (limited partners want upside). It's just a little harder to do.