Yuga Labs is the ultimate VC enabled grift company.
They have no product, they don't solve any real world problems, they just sell FOMO in the form of digital items they release and maintain complete supply over.
They've raised $450 MILLION, and to what aim? They make faux scarce digital images, not like they have some crazy hardware costs or anything like that. It's totally detached from reality, and impacts the lives of literally zero normal people.