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1confirmation founder: The rise of Ethereum means the "death of encryption VC"
Odaily News 1confirmation founder Nick Tomaino posted on the X platform that the rise of Ethereum signifies the "death of crypto VC," and that 99% of crypto VCs will soon disappear. Being in the right place at the right time, securing institutional capital, lacking vision or creativity, and staying aligned with users is the only way to achieve long-term development.