This line is too heavy. Who among Web3's underpaid workers isn't building walls while worrying about them collapsing?

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IOSG Founder: Web3 is "bleeding," how can practitioners better survive?
> Author: Jocy, IOSG Ventures




Those who live by their labor froze to death on the way; those who sold liquor died of thirst along the road. The silk weavers wore rough cloth, and those who grew grain could not fill their stomachs.




After meeting an OG today, these four lines came vividly to mind—also the sentiments of countless practitioners still active on the front lines of Web3. I reposted, more than a year ago, the post I wrote for the industry as a whistleblower. Although I got the outcome right, it is not the kind of outcome any practitioner wants. No one thought this would happen.




But it is happening. No one is willing to speak up. So I’ll be bold and speak.




Intro




This week in Shanghai, I went to MuShanghai at Hongqiao, hosted by Sun. A full month of events, divided into 4 themed weeks—biotech, AI, cult
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