Odaily Planet Daily reports that Nick Tomaino, founder of 1confirmation, posted on the X platform stating that the rise of Ethereum signifies "the death of crypto VCs". He predicts that 99% of crypto VCs will soon disappear. The only sustainable path is securing institutional capital at the right place and time, possessing vision and creativity, and aligning with users.

Odaily Planet Daily News: Nick Tomaino, founder of 1confirmation, posted on the X platform stating that the rise of Ethereum signifies the "death of crypto VC." He said that 99% of crypto VCs will soon disappear, and that the only sustainable path is to be in the right place at the right time, secure institutional capital, have vision and creativity, and align with users.

1confirmation Founder: The Rise of Ethereum Means "The Death of Crypto VC"