ABCDE Capital關閉了新的投資，但仍致力於支持現有項目

Web3和以區塊鍊為重點的投資基金ABCDE正在停止新的投資，但這筆4億美元的基金仍致力於支持其現有項目。

Web3 and blockchain-focused investment fund ABCDE is halting new investments but the $400 million fund will still support its existing projects.

Web3和以區塊鍊為重點的投資基金ABCDE正在停止新投資，但這筆4億美元的基金仍將支持其現有項目。

In an April 19 X post, ABCDE co-founder and Huobi exchange founder Du Jun said the $400 million fund will no longer invest in new projects or raise capital for the second phase of the fund.

在4月19日X帖子中，ABCDE聯合創始人和Huobi Exchange創始人Du Jun表示，這筆4億美元的基金將不再投資於新項目或為該基金的第二階段籌集資金。

However, Jun said the fund will continue to “post-investment support and exit arrangements of existing projects” to ensure the firm’s commitment to entrepreneurs and liquidity providers (LPs).

但是，朱尼表示，該基金將繼續“投資後支持和現有項目的退出安排”，以確保公司對企業家和流動性提供者（LPS）的承諾。

“My personal work focus will also gradually shift from financial investment in the primary market to strategic investment-led and deep incubation-based, focusing more on industrial synergy and long-term value creation,” Jun added.

Jun補充說：“我的個人工作重點還將從主要市場的金融投資逐漸轉變為以投資為基礎的戰略投資和基於深厚的孵化，更多地關注工業協同作用和長期價值創造。”

The announcement comes nearly three months after ABCDE’s last investment into an Ethereum layer-2 (L2) solution, Soon (Solana Optimistic Network), which raised $22 million through a non-fungible token sale to mark the launch of its mainnet, Chain डेली reported on January 22.

該公告是在ABCDE的最後一次投資以太坊2（L2）解決方案（SOLANA OPTIBTISTENT網絡）的近三個月之後，該解決方案通過不可殺死的代幣出售籌集了2200萬美元，以紀念其Mainnet的推出，Chainडेली報導。

The Soon mainnet is claimed to be faster and more efficient than Solana, delivering average block times of 50 milliseconds compared to Solana’s 400 milliseconds.

據稱，與Solana的400毫秒相比，很快的主網比Solana更快，更高效，平均塊時間為50毫秒。

ABCDE is a $400 million fund, with 28% of its investments in Bitcoin BTCUSD scaling technology, 16% in Ethereum liquid staking derivatives finance (LSDFi) infrastructure, and an additional 12% invested in L2s, restaking and smart contract platforms, Cryptorank data shows.

ABCDE是一筆4億美元的基金，其28％的比特幣BTCUSD縮放技術投資，以太坊液體蒸發衍生品金融（LSDFI）基礎設施的16％，以及在L2S，Restaking和Smart Contrant Platforms的12％投資，Cryptorank Data顯示。

ABCDE has invested over $40 million of capital into more than 30 projects over the past three years, with an internal rate of return (IRR) “still at the global leading level,” despite the current market environment, Jun said.

Jun說，儘管當前的市場環境，但ABCDE在過去三年中已向30多個項目投資了30多個項目，其內部收益率（IRR）“仍處於全球領先水平”。

New incubator brand Vernal announced

新的孵化器品牌春季宣布

ABCDE’s suspension of fundraising efforts was announced a month after the fund’s co-founder launched a new incubator brand, Vernal.

ABCDE暫停籌款工作是在該基金聯合創始人推出了一個新的孵化器品牌Vernal的一個月後宣布的。

The new incubator is expected to announce its shareholders and incubation rules for the first batch of projects in May, along with its first investments.

預計新的孵化器將宣布其股東和孵化規則，並在5月的第一批項目以及其第一批投資中宣布。

Jun said the decision to suspend ABCDE’s fundraising efforts was not made due to financial constraints or lack of funds but because of a fundamental concern for the current development trajectory of the crypto industry.

森說，暫停ABCDE籌款工作的決定不是由於財務限製或缺乏資金而做出的，而是由於對當前加密貨幣行業的發展軌蹟的根本關注。

“Frankly speaking, I am increasingly unable to agree with the primary market's ecological atmosphere,” Jun said in an April 19 X post.

Jun在4月19日的帖子中說：“坦率地說，我越來越無法同意主要市場的生態氛圍。”

“What is more worrying is that some primary funds not only have no reflection on this but also hype up their ‘listed projects’ and short-term market value performance, but never mention the value creation of the projects themselves,” he added.

他補充說：“更令人擔憂的是，一些主要資金不僅對此沒有反思，而且炒作了他們的'列出項目'和短期市場價值績效，而且從未提及項目本身的價值創造。”

Cardano founder Charles Hoskinson has urged fourth-generation cryptocurrency projects to adopt more collaborative tokenomics to compete with major centralized tech companies entering the crypto industry.

Cardano創始人查爾斯·霍斯金森（Charles Hoskinson）敦促第四代加密貨幣項目採用更多的協作標記，以與進入加密貨幣行業的主要集中科技公司競爭。

“The problem now, with the way we’ve done things in cryptocurrency, is the tokenomics and the market structure are intrinsically adversarial. It’s sum 0,” Hoskinson said at Paris Blockchain Week on April 9. “Instead of picking a fight, what you have to do is you have to find tokenomics and a market structure that allows you to be in a cooperative equilibrium.

霍斯金森在4月9日的巴黎區塊鏈週上說：“現在的問題是，我們在加密貨幣中做事的方式是令牌和市場結構是內在的對抗性。它是0。

“You can’t build a global ecosystem this way, and you can’t win this way. Because here’s the thing. The incumbents are much larger.”

“您不能以這種方式建立一個全球生態系統，也不能以這種方式贏得。因為這是事情。任職者更大。”