crazy how much of startups economics is buying tokens for 10m and selling them for 5m and bragging about $5m in revenue

This post critiques misleading revenue claims in the cryptocurrency and token startup space, where companies purchase tokens at inflated prices and resell them at losses while marketing the transaction volume as legitimate revenue. It highlights a common accounting practice that obscures actual profitability and reflects skepticism about how some crypto startups present their financial performance to investors and the public.

Source: Clem Delangue (X) | 2026-06-04