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Brett is a meme coin on the Base Chain, inspired by the character of the same name from the Matt Furie “Boys Club” comic series. This cryptocurrency is driving excitement with strategic partnerships and social impact.

In 2024, the industry and market are undergoing a dramatic reshuffling. Against the backdrop of many VC-backed projects failing to deliver, memes have surged to become an undeniable new force. However, behind this meme craze, what transformations have taken place? From a VC's perspective, how should we participate in this trend? These are questions that merit deep exploration.

This article will explain from the perspective of the Web3 projects what a market maker is, why we need market makers, DWF events, the main operating modes of crypto market makers, as well as existing risks and regulatory issues.

This article delves into the crucial role and operational methods of crypto market makers within the crypto market. From the viewpoint of Web3 projects, it analyzes how these market makers provide liquidity, stabilize prices, and enhance market depth.

The true business model of NFTs is not about trading scarcity and collectible value but leveraging misleading information to attract a very small number of final buyers — winning trust with high-priced NFTs and selling other NFTs at falsely appraised prices.