Yellow Network just made a very unusual move: they refunded 80% of their VC funding.
Instead of keeping the money from early investors, the team decided to return most of it so the project can focus more on community ownership rather than venture capital influence.
Why this is interesting:
• It reduces the power VCs usually have over crypto projects
• It may reduce future token sell pressure from investors
• It aligns the network more with builders, developers, and users
According to the founder, the goal is to make sure the network is “owned and operated by the people who build and use it.”
In a space where many projects raise huge VC rounds and then dump tokens on the market later, this is a pretty rare approach.
If executed well, it could lead to a healthier ecosystem and stronger long-term alignment between the project and its community. ( Yellow . com)
Yellow Network just refunded 80% of their VC funding to keep the project aligned with the community instead of investors
byu/Existing_Bet_350 inCryptoMarkets
Posted by Existing_Bet_350