# Web3isajoke


## Posts

- [Founder Raises $50M To Decentralize Industry Already Controlled By Same Five Investors](https://web3isajoke.io/2026/06/24/founder-raises-50m-to-decentralize-industry-already-controlled-by-same-five-investors/): SINGAPORE — Blockchain startup OpenFreedomChain announced a $50 million raise to decentralize power in its industry from a consortium of five dominant investors. The round was led by those same five investors. “The future must belong to everyone,” said the founder while unveiling a governance structure that grants 78% voting power to the lead investors. A token launch is expected shortly after decentralization becomes sufficiently centralized. Here are Onion-style mini posts for The Daily Rug Blog — short, punchy, and written as if they’re reporting completely serious news.
- [Founder Raises $50M To Decentralize Industry Already Controlled By Same Five Investor](https://web3isajoke.io/2026/06/24/founder-raises-50m-to-decentralize-industry-already-controlled-by-same-five-investor/): SINGAPORE — Blockchain startup OpenFreedomChain announced a $50 million raise to decentralize power in its industry from a consortium of five dominant investors. The round was led by those same five investors. “The future must belong to everyone,” said the founder while unveiling a governance structure that grants 78% voting power to the lead investors. A token launch is expected shortly after decentralization becomes sufficiently centralized. More Daily Rug headlines: New Layer-2 Promises To Make Existing Layer-2s Obsolete Before Launch Developers behind a new Layer-2 network announced today that their technology will render every competing Layer-2 irrelevant immediately upon launch. The […]
- [AI Startup Reaches $2 Billion Valuation After Successfully Renaming ChatGPT Wrapper](https://web3isajoke.io/2026/06/24/ai-startup-reaches-2-billion-valuation-after-successfully-renaming-chatgpt-wrapper/): A startup formerly known as “AI Assistant Platform” reached a $2 billion valuation this week after rebranding itself as an “Agentic Cognitive Infrastructure Layer.” Investors praised the company’s groundbreaking ability to change terminology faster than competitors. The underlying product remains identical. Founder Fires Entire Team After AI Tells Him To A startup CEO reportedly laid off his entire staff after an AI productivity consultant suggested reducing operational inefficiencies. The AI’s recommendation reportedly included the phrase “consider streamlining headcount.” The founder interpreted this as “replace everyone immediately.” The company is now operated entirely by the founder and 47 subscriptions. New AI Agent […]
- [VC & Startups](https://web3isajoke.io/2026/06/24/vc-startups/): Startup Pivots To AI After Discovering Revenue Is Difficult After several years of struggling with customers, pricing, and business fundamentals, startup founders announced a strategic pivot to artificial intelligence. The company now describes itself as an “AI-first platform.” Its product remains unchanged. Investor Demands Founder Show Traction, Introduces Them To Three More Investors Instead A venture capitalist urged a founder to demonstrate stronger traction before fundraising, then immediately introduced them to three additional investors who delivered the exact same feedback. The startup has now achieved significant traction in collecting investor advice. Pitch Deck Achieves Product-Market Fit Before Product Industry observers confirmed […]
- [VC Announces New Fund Dedicated To Solving Problems Created By Previous Fund](https://web3isajoke.io/2026/06/16/vc-announces-new-fund-dedicated-to-solving-problems-created-by-previous-fund/): MENLO PARK — A leading venture capital firm today unveiled a $500 million fund focused exclusively on fixing market distortions, inflated valuations, and unsustainable business models created by its last three funds. Partners described the strategy as “full-stack value creation.” “This fund is uniquely positioned to address challenges we are deeply familiar with because we caused most of them,” said one managing partner. Limited partners reportedly called the approach “innovative” and committed another $200 million on the spot.
- [Coinbase User Accidentally Achieves Financial Freedom By Forgetting Password For 12 Years](https://web3isajoke.io/2026/06/16/coinbase-user-accidentally-achieves-financial-freedom-by-forgetting-password-for-12-years/): SAN FRANCISCO — In what experts are calling the most successful long-term crypto strategy ever documented, local Coinbase user Jason Miller reportedly achieved financial freedom after forgetting his exchange password in 2014. While millions of traders panic-sold through twelve market crashes, Miller remained unable to access his account. Coinbase has offered assistance recovering the account, prompting Miller to immediately stop responding to all emails.

## Pages

- [Consensus HK](https://web3isajoke.io/consensus-hk/)
- [ETHDenver](https://web3isajoke.io/ethdenver/)
- [Roast of Altcoin Daily LA](https://web3isajoke.io/roast-of-altcoin-daily-la/): Roast of Altcoin Daily-LA
- [Roast of Crypto WendyO](https://web3isajoke.io/roast-of-wendyo/): Roast of Crypto WendyO
- [Web3 is a Joke in SF-Canopy](https://web3isajoke.io/web3-is-a-joke-in-sf-canopy/): Web3 is a Joke in SF-Canopy
- [Mona & Frens Web3 is a Joke-Famecast](https://web3isajoke.io/mona-frens-web3-is-a-joke-famecast/): Mona & Frens Web3 is a Joke-Famecast
- [Bitcoin Miami-Savage Labs](https://web3isajoke.io/bitcoin-miami-savage-labs/): Bitcoin Miami-Savage Labs
- [Gallery](https://web3isajoke.io/gallery/): LAUGHS. ROASTS. not getting rugged. the comedy that brought Web3 is a joke to reality Contact Us Bitcoin Miami-Savage Labs Mona & Frens Web3 is a Joke-Famecast Roast of Altcoin Daily-LA Roast of Crypto WendyO Web3 is a Joke in SF-Canopy ETHDenver Consensus HK
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- [Home](https://web3isajoke.io/): Web3 Is A Joke THE ONLY EVENT THAT ROASTS THE INDUSTRY TO ITS FACE. Web3 is a Joke is a live entertainment event at the intersection of crypto, AI, and comedy, featuring high-profile comedians and industry voices to satirize and demystify the Web3 space. It’s designed as a premium, sponsor-led experience around Token 2049 Singapore, blending Hollywood-level production with Web3 audiences and brand activations. Contact Us Gallery SCROLL TO ENTERTAINMENT Sponsors THE PEOPLE WHO THOUGHT THIS WAS A GOOD IDEA THE PEOPLE WHO THOUGHT THIS WAS A GOOD IDEA PARTNER sold out global events Stats Train Sold Out Events0 Consensus Hong […]

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