Uniswap Founder: Founders and VCs need to stop valuing early-stage, pre-token issuance crypto projects at over 1 billion dollars

Uniswap founder Hayden Adams stated on platform X that cryptocurrency founders and venture capitalists need to stop valuing early-stage, under-development, pre-token issuance projects at over 1 billion dollars until they truly deserve this valuation. Creating a project worth 7-9 figures is an incredible achievement, not all projects need to become unicorns upon launch.