Founder of Confirmation: The Rise of Ethereum Means the Death of Crypto VC

Odaily Planet Daily News - Confirmation founder Nick Tomaino wrote on X platform that the rise of Ethereum means the "death of encrypted VCs", and 99% of encrypted VCs will soon disappear. The right place, the right time, obtaining institutional capital, lacking foresight or creativity, and being consistent with users are the only way to long-term development.