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Is Web3's VC investment down? What do you think?
Is Web3's VC investment down? What do you think? News↓ https://news.crunchbase.com/web3/vc-backed-funding-drops-q1-2023/
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We've come up with a few reasons why ・The attention of LP investors investing in VC has shifted to AI ・L1 and L2 layer blockchains have been exhausted and there are no services like STEPN next to the application layer ・Overall cryptocurrency prices are falling On the other hand, I sense an opportunity now. It's a winter time for web3 startups, but if we can get through this, we will be strong.
I think they are now focusing on non-fungible and AI projects
I think so. However, I also believe that after the superficial trend fades away, services with more essential value will survive, and funding will be concentrated on such companies, leading to their growth.
Maybe because the market is dominating AI, but what's wrong with combining AI + Web 3