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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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- 📢 #Gate Square Writing Contest Phase 1# is now officially launched!
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Essay Content Directio
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📅 End at: July 9, 16:00 UTC
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1confirmation founder: The rise of Ethereum means the "death of encryption VC"
PANews, May 11 news, Nick Tomaino, founder of 1confirmation, posted on the X platform stating that the rise of Ethereum means the "death of encryption VC," and that 99% of encryption VCs will soon disappear. The only way for long-term development is to be in the right place at the right time, obtain institutional capital, lack foresight or creativity, and stay aligned with users.