Ethereum’s Surge Fuels Debate: Will Crypto Venture Capital Fade Away?

Venture capitalist Nick Tomaino believes Ethereum’s recent surge signals a significant shift within the crypto venture capital landscape, predicting that 99% of these firms will ultimately cease to exist. He argues that focusing on user needs and building innovative products is crucial for long-term sustainability in the crypto industry, as relying solely on institutional capital without foresight can lead to failure.