Exchanges· ★★· bearish·

VC slams Blur and Blast creator for prioritizing short-term profit over lasting products

  • —Dedic said Pacman opted to "extract maximum value quickly" rather than build long-term products
  • —The criticism followed the announcement that Blast will shut down
  • —Blast is closing after costs outpaced network revenue
  • —Dedic urged backing "honest builders" instead of those taking the easy path
Why it matters: Blast's shutdown and investor criticism highlight pressure on projects that fail to find a sustainable revenue model.
Source: TokenPost