On November 29th, crypto detective ZachXBT responded to a tweet by Moonrock Capital CEO and partner Simon about the basic principles of Web3. He said, "You incubated several projects in the last cycle that directly harmed retail traders through unbalanced distribution, so I'm not sure if you should be talking about the basic principles of Web3."
The projects pointed out by ZachXBT include Degen Ape Academy NFT and Punks On Solana NFT.