1confirmation Founder: The Rise of Ethereum Signifies the "Death of Crypto VC"
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Nick Tomaino, founder of 1confirmation, stated on the X platform that the rise of Ethereum signifies the "death of crypto VCs." 99% of crypto VCs will soon disappear. Being in the right place at the right time, obtaining institutional capital without vision or creativity, and aligning with users is the only way for long-term development.
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