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Multicoin Capital Loses 95% of its Investment in Loot NFT

Multicoin Capital has lost 95% of its investment in Loot NFT, which Multicoin Capital is still holding. According to co-founder Kyle Samani, he believes that losses are all part of the process and that being willing to lose 100% of its capital at risk is important to its long-term success.
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Multicoin Capital

NFT

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