Crypto VCs Are Getting More Cautious – BitKE
Crypto venture capitalists (VCs) are becoming much more careful. They’re no longer just betting on whatever seems popular or trendy. That’s according to Sylvia To from Bullish Capital Management.
In past cycles, many VCs would throw money at “Ethereum killers” or new Layer-1 blockchains just because they sounded promising. There was less focus on real usage or solid fundamentals.
Now: Focus on Substance
Today, investors are asking tougher questions:
- Who’s actually using this infrastructure?
- Are transaction volumes high enough to justify all the hype?
- Does the blockchain have enough real activity to back up the valuation?
Many projects have been raising funds at high valuations based primarily on…
