I have seen many projects announce the establishment of foundations, but their funding relies entirely on external financing. To be honest, this model has significant issues—funding sources are completely determined externally, and the foundation itself becomes just a facade for fundraising. Rather than being a positive ecological development, it’s more about creating hype for financing. A truly meaningful foundation should have an independent financial structure and a clear plan for usage. If it only operates with external funds, then the foundation’s independence is compromised from the start. Such actions are especially common in bear markets; nominally they are about building the ecosystem, but in reality, they are just fundraising tactics when money is tight. Investors should be cautious when seeing such news.