Paul says it’s not a VC and the $3 Million that was raised was from OG bitcoiners with no expectation of return.

Also, what about shitcoins on Liquid, Taro, Taproot Assets, Coloured coins, Ordinals, Inscriptions etc. Samson Mow raised funds via an ICO token on Liquid for a video game but nobody seems to care about that in bitcoin community?

I have to ask was Satsoshi a shitcoiner, he did create Namecoin after bitcoin after all? Satoshi also said he envisioned seeing bitcoin scaling via side chains in 2011 on bitcointalk which is exactly what Drivechain/BIP-300 is.