【1confirmation Founder: The Rise of Ethereum Means the 'Death of Crypto VC'】Golden Finance reports that 1confirmation founder Nick Tomaino stated on the X platform that the rise of Ethereum means the 'death of crypto VC', with 99% of crypto VCs likely to disappear soon. The only way for long-term development is to be in the right place at the right time, secure institutional capital, lack vision or creativity, and stay aligned with users.