Nomad Capital says era of crypto projects cashing out in bull markets is ending

Pulkit Gupta of crypto investment firm Nomad Capital said the era of cryptocurrency projects launching tokens, making quick profits and then leaving the market is coming to an end, Cointelegraph reported from Cointelegraph Connect held recently in Singapore. Gupta added founders need to move away from launching projects in bull markets, realizing gains and then exiting, and instead build business plans with a two- to five-year horizon.