Entrepreneur and investor Kain Warwick offers valuable insights into the world of capital formation in the crypto industry. He discusses the challenges faced by Web 3.0 teams in raising funds and the competition between VCs and retail investors. Warwick also shares his tips for successful fundraising, emphasizing the importance of retroactive airdrops.

In a recent Twitter thread, Warwick acknowledges that even successful Web 3.0 teams seeking new funding are limited by the current trends. VCs are still focused on traditional indicators like user base, social media following, and TVL when evaluating projects. He suggests that introducing points, as done by Blast, could help teams prepare for fundraising rounds successfully.

Warwick recommends that projects reveal a retail token after several rounds of private funding, with a valuation ranging from $10 million to $1 billion. He also highlights the significance of retroactive airdrops as a strategy to distribute tokens to a broader retail audience.

In conclusion, Warwick's insights provide a comprehensive overview of the crypto fundraising landscape, offering valuable advice for both investors and teams. His perspective sheds light on the dynamics of capital formation in the crypto space, emphasizing the importance of strategic planning and innovative approaches to secure funding.