Market Sentiment & Investor Concerns - Early-stage investing requires capital lock-up, which many are unwilling to accept [1] - Chronic flippers are dissatisfied with vesting and lockups on capital formation launchpads [1] - The industry questions the nature of capital formation launchpads, distinguishing them from simple shitcoin launchers [1] Project Evaluation & Risk Assessment - A $400 million valuation with 0 unlocks for 12 months raises concerns [2] - Comprehensive due diligence is necessary, including reviewing the unlock schedule, market maker contract, and actual float [2] - Gathering information on Seed/Series A/Series B funding rounds is crucial for informed decision-making [2] - Vesting schedules on unfamiliar projects are less desirable in a bull market [2] Regulatory Landscape - Regulatory oversight may prevent participation in certain offerings [2]