Dragonfly partner Haseeb: The essence of VVV is misunderstood, Venice is essentially a company rather than a decentralized network or on-chain protocol

CoinFeed July 5 news, Dragonfly partner Haseeb posted a video on X platform saying that Venice is essentially a company, not a decentralized network or on-chain protocol, and the vast majority of its customers are not crypto users. The market has a clear misunderstanding of its token VVV: VVV does not represent company equity, nor does it have attributes similar to 'network rights'. Even after the airdrop, the company founders still invested millions of dollars of their own money to operate, and did not finance through token sales. Haseeb pointed out that no founder would give away 50% of the company's equity for free in the early stage, and the narrative equating tokens with equity is logically untenable. He also denied the claim of 'unclear information', saying that the project team has always clearly defined the positioning of VVV.