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Dragonfly Partner Haseeb Qureshi Clarifies Venice Is a Private Company, Not a Decentralized Network

By

Finn Keller

3d ago· 2 min readenNews
financeventure capitalbusinesscrypto

Summary

Haseeb Qureshi, a partner at Dragonfly venture capital, issued a statement on X clarifying that Venice is a private company, not a decentralized network or on-chain protocol, and that its VVV token functions as a functional asset rather than representing company equity. The clarification aims to correct market misunderstandings about the Venice project and the valuation of VVV within the crypto ecosystem.

Source

bskyDragonfly Partner Haseeb Qureshi Clarifies Venice Is a Private Company, Not a Decentralized Networkcryptofox.news

Key quotes

· 3 pulled
Haseeb emphasized that Venice operates primarily as a private company rather than a decentralized network or an on-chain protocol.
Addressing what he describes as significant market misunderstandings, Haseeb emphasized that Venice operates primarily as a private company rather than a decentralized network or an on-chain protocol.
The clarification comes amid shifting narratives regarding the utility and valuation of the VVV asset within the broader crypto ecosystem.
Snippet from the RSS feed
Dragonfly's Haseeb Qureshi clarifies VVV token's role, stating Venice is a private company, not a decentralized network. Understand its functional asset status.

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