These past few days, two new VC coins launched and both had issues. BOB, backed by big names like Coinbase and Amber with a fancy funding round, had an initial price of 0.023 but dropped straight to 0.011 in the evening. Early staking participants got wrecked, and now the subscription platform is doing emergency PR and issuing refunds. GAIB, also funded by Hashed, Amber, and others, released a PR statement in the evening admitting to several previously undisclosed signed partners. There was heavy selling at launch, and they’ve shifted the blame.