Every so often a unique project spawns which gets to run its own race. Day by day the thesis becomes more validated. Multiple companies raising at 9 figure valuations which have half the product Codec does. VC’s being scared of the token because it’s launched on Pumpfun and isn’t “professional”. As someone who’s spoken with, worked with and taken investments from hundreds of VCs over the years, I can promise you 99% offer little more than money. The biggest value add to any project has always come from the closest advisors getting their hands dirty, community members and advocates across socials. Founders and teams are scared to publicly say this because they don’t want to ruin relationships and future funding rounds. A community member with 2k followers who relentlessly bullposts and shares updates and theses in group chats would have more net impact than most VCs in this space. Imagine coming across an elite team which has taken an entirely new approach, not only architecturally, but tokenwise. Instead of filling the round out with investors who have a mandate to return funds to LP’s in a set time period, they’ve said screw that and gone for a bottoms up approach. Most teams don’t believe in their product, hence they’re scared to launch without hype and months/years of build up to TGE. What direction do you fall when you walk off a cliff? That’s why every token launching at X valuation plummets as you’ve shown every card in the deck before you’ve even launched. The best teams are the ones who stay conserved, put their heads down and deliver day by day. They don’t need to maintain a billion dollar hype factory from the start and can instead use that mental bandwidth to ship the correct way and run their own race. Cobie himself said this. Fast money has turned this industry backwards. To be successful doesn’t require you to be a freak of nature, it instead requires you to have the discipline to ignore the short cuts and take the right steps. No matter how hard you try you simply can’t fake this. Veteran traders pick up on it from a mile away. They’ve always said an up only chart is the best form of marketing, so why wouldn’t you launch at 0 and give yourself the best starting point? $CODEC coded.