It is also noteworthy that crypto VC valuations were 141% higher than the average figure across the entire Venture Capital space.
Ideally, the crypto VC market should be a fair playing ground for anyone interested in the digital asset economy.
Luckily, some Web 3.0 innovators are taking the initiative to address the shortcomings in the current crypto VC market.
Closing ThoughtsAs mentioned in the introduction, the crypto VC market is currently thriving despite the recent shake off that saw the liquidation of some prominent firms.
This should not be the case, stakeholders ought to consider the possibility of moving to a decentralized VC ecosystem where opportunities will be available in equal measure.
Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by TokenAround.