Is it clear whether VC can play?
This VC background is often just an additional reason for FOMO, and those with a bit of vision will raise the stakes before investing further, while those without vision won't spend a dime. Some people jump in and invest right away; previously, there was a certain MVB project that was self-released, invested in, and yet didn't admit it was self-released, coming from a background of many VCs.
In this round, I haven't seen any VCs with vision; in the previous round, the VCs on BSC and Sui were quite visionary, at least most people were able to make money. Waiting for this wave of slightly more visionary VCs to take action again.