A small group of young, sharp trenchers is emerging effectively acting as onchain VCs by accumulating tokens and actively supporting founders.
They offer the same value as trad VCs but take a more hands on approach, contributing to community building, product feedback, and real time crisis support.
As private investing becomes liquid from day one, the barrier to entry drops, allowing anyone to become an onchain VC. This will give rise to a new class of long term degens who I believe can positively grow the space over the long haul.