Uber Angel Investor: ‘99% of Crypto Projects Are Garbage’

 Uber Angel Investor: ‘99% of Crypto Projects Are Garbage’
imageCryptocurrency9 hours ago (Jun 29, 2020 02:20AM ET)

Uber Angel Investor: ‘99% of Crypto Projects Are Garbage’

Prominent angel investor and internet entrepreneur Jason Calacanis says 99% of altcoin projects are “gabage” run by unqualified individuals, but holds out hope for the 1% with the power to change the world.

According to a Tweet posted on June 27 by the angel investor behind ridesharing app Uber (NYSE:UBER) and crypto trading app Robinhood, nearly all of the crypto projects around the world are under the control of “unqualified idiots” or “grifters” with below-average skills:

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Uber Angel Investor: ‘99% of Crypto Projects Are Garbage’

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