Billywen.sol, the founder of Negentropy Capital, announced in a post, "After careful consideration, I have decided to dissolve Negentropy Capital, which I co-founded with two other partners. We will liquidate the remaining funds and investment project quotas of the Negentropy fund. The partners will take what they are due, and I will start anew as a solo VC independent investor like Mai Gang.
Recently, during a time of liquidity exhaustion in the crypto space and a lack of hope, I felt a compelling force urging me to take action, not just for profit but out of a sense of mission. The crypto space has reached a point where it needs to transform and truly change traditional banking, payments, stock securities, and even fiat currency!"
BlockBeats previously reported that Negentropy Capital had participated in investments in projects such as $Slerf, Taproot Chain, XShares, Her. AI, and MetaGPT. AI.