VC firms are shifting focus away from high-risk crypto projects, impacting funding available

From Cointelegraph
August 9, 2024 11:40:41 pm:

Venture capitalists are slowing down crypto funding, favoring “breakout trends” over ambitious projects, according to Adam Cochran. This trend is affecting the level of investment in the cryptocurrency space.

Adam Cochran, a crypto researcher, points out that venture capitalists are shifting their focus away from high-risk “moonshots” in the crypto industry. This change in investment strategy is impacting the amount of funding available for new projects and startups in the sector.

Read more at Coin Telegraph: VC firms are slowing down crypto investments for a ‘nuanced reason’ — Venture Capitalist