#crypto Three-party participating roles in the industry (welcome to add:

1. Financier

Most of the financiers in the crypto market are investment funds from the primary market, and they also have fundamental differences. There are investment giants from the traditional capital market who have entered crypto, such as Sequoia, a16z, etc.; there are also industrial capital native to the industry, such as Some exchange funds and project funds; there are also primary market investment funds established by early participants (profit makers) in the industry;

Financiers in the current industry generally come from the three schools mentioned above, and the entry of traditional capital into this market can be said to be a dimensionality reduction blow. Industrial capital is often developed with the support of traditional capital in the early stages~