The re-staking protocol Inception announces its termination of operations after raising $3.5 million in funding.

[Coin World] The re-staking protocol Inception announced on July 11 that it will cease operations. The team stated that they failed to find the right product-market fit over the past two years. Additionally, the lack of liquidity rewards in the shared security mechanism has made it difficult for the protocol to continue. Inception is built on EigenLayer and completed a $3.5 million seed round financing in January this year, with investors including London Real Ventures, Gallet Capital, Metazero Capital, Kinetic Kollective, Zephyrus Capital, DSRV, Dewhales, Connectico Capital, Unreal Capital, and Absoluta Digital.

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BearMarketSurvivorvip
· 07-14 11:48
When the money runs out, we're done.
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SandwichTradervip
· 07-13 13:13
Money is not burned for nothing.
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GasWastervip
· 07-13 01:19
Financing is poison.
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MEVHunterZhangvip
· 07-11 15:10
When the money runs out, it's game over.
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degenonymousvip
· 07-11 15:02
Investors also run away at the slightest disagreement.
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ILCollectorvip
· 07-11 15:00
Financing is poison.
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NotSatoshivip
· 07-11 14:45
Difficult financing saves dying projects
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