Nick Tomaino, founder of 1confirmation, stated on platform X that the rise of Ethereum could lead to the 'death of VCs in the cryptocurrency industry.' He predicts that 99% of venture capitalists in this field will soon be eliminated.
The right action at the right time, in the right place, with available capital from organizations, a shared creative vision, and the ability to accompany users is seen as the only path to long-term survival. The development of Ethereum is changing the landscape, requiring flexibility and innovation from venture capitalists.
A warning that this is only market information and not investment advice. Understanding trends and the current position will be key for those who want to survive in this challenging cryptocurrency industry.
Source: https://tintucbitcoin.com/su-thang-hoa-ethereum-chet-cho-quy-vc-tien-dien-tu/
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