Simon Dedic, CEO and partner at crypto investment firm Moonrock Capital, used X to publicly criticize Pacman, the founder behind NFT marketplace Blur and Layer 2 network Blast. In his post, Dedic said he could not understand the choices made by founders like Pacman, arguing that Pacman had already built a strong market position through protocols including Blur and Blast while also attracting backing from top investors and significant public attention. Dedic said those advantages were not used to build a larger product with longer-term staying power. Instead, he accused Pacman of choosing to extract as much value as possible in the short term and move quickly toward profit. Dedic added that this kind of behavior is not rare in crypto, and said that is exactly why the market should place more value on honest builders who refuse to take the path of least resistance. If such people can be identified, he said, they are the ones worth staying long on.
ChainCatcher reported that Simon Dedic, CEO and partner at crypto investment firm Moonrock Capital, posted on X to criticize Pacman, the founder of NFT marketplace Blur and Layer 2 network Blast.
Dedic said he could not understand the choices made by founders like Pacman. He wrote that Pacman had already established a market position through protocols including Blur and Blast, while also gaining support from top investors and drawing substantial attention.
Even so, Dedic argued that those conditions were not used to build a bigger product with stronger long-term durability. Instead, he said, Pacman chose to extract as much value as possible in the short term and profit quickly.
Dedic added that this is not an isolated case. For that reason, he said the market should pay closer attention to honest builders who refuse to take the path of least resistance, adding that if such people are found, they are the ones to stay long on.
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