BlockBeats Interview with Controversial Market Maker DWF Labs: "We do not manipulate the market"

Recently, BlockBeats had an exclusive interview with the market maker DWF Labs, which has received mixed reviews in the cryptocurrency industry, discussing the controversies within the community. Here are some key points from the interview:

• This year, DWF Labs has been actively investing in the secondary market, averaging 5 projects per month, sparking widespread discussion in the community.
• Some in the community believe that DWF Labs may be involved in market manipulation, especially evident in the extreme price fluctuations of certain coins.
• Andrei Grachev, co-founder of DWF Labs, stated that the company invests by directly purchasing tokens and denied the market manipulation accusations.
• Andrei Grachev has previously worked in the logistics and online trading industries before joining the blockchain and cryptocurrency industry in 2017. He served as the CEO of Huobi Russia and co-founded DWF Labs in 2018.
• DWF Labs maintains a leading position in the market-making field, participating in market-making for various projects including CFX, MASK, ACH, FET, and YGG.
• The biggest concern in the community regarding DWF Labs is its "pump and dump" strategy, leading to significant price fluctuations in certain coins over a short period.
• Andrei Grachev emphasized that DWF Labs is not engaged in any market manipulation and that market fluctuations are driven by various factors.

For the full report, please visit BlockBeats: "Interview with DWF Labs: We Do Not Manipulate Anything"

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DWF Claims No Market Manipulation

DWF Labs' co-founder Andrei Grachev explains the absence of "market manipulation" allegations:

• DWF Labs does not engage in any manipulative behavior.
• When market participants see signs that a particular asset may be "profitable," they flock to that asset.
• Compared to a year ago, liquidity in the market is not as good, and "market fluctuations are driven by the market itself."
• DWF Labs participates in the futures market, which serves as a tool for hedging positions and club deals.
• DWF Labs is entirely different from traders who engage in one-way trading only.

How Does DWF Believe Market Participation and Liquidity Provision Should Be Carried Out?

DWF Labs' co-founder Andrei Grachev stated:

"Competition in the market is intensifying, especially in providing liquidity for projects. Providing basic liquidity to the market was sufficient a year or two ago, but with time, the demand for specialized services has increased. About a year ago, we entered this field and interacted with other market makers, engaging deeply with one project where the project's founders have a close relationship with us."

"When collaborating with projects, we can adjust our strategies flexibly to meet the project's needs. Our supported ecosystem includes trading volume, protocol execution, and collaboration with our large investment portfolio. To succeed in this competitive market, companies need to offer not only liquidity but also complementary values in various aspects such as technical, market, and human resource support."

"We are committed to excellence in the market and are less concerned about external evaluations of us."

DWF: Venture Capital in the Crypto Circle Has High Risks Now

Andrei Grachev, co-founder of DWF Labs, stated that venture capital in the crypto circle is not as lucrative as before.

"If we were in 2021, venture capital indeed had a somewhat short-term nature. You invest in a project today, and the tokens will be listed on exchanges in one to two months, allowing you to cash out your investment. Even with a 5% unlocked token, you can break even or make money because the price increase could be 20 times or 50 times. But now, the times are entirely different. Currently, this type of venture capital is a long-term strategy with high risks because you can predict the market's short-term situation, but you cannot predict the market two years from now. We are in a bear market cycle, which seems to be turning into a bull market soon, but that's just how it looks; the bull market won't arrive soon."

Read the full report on BlockBeats: "Exclusive Interview with DWF Labs: We Do Not Manipulate Anything"

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