Crypto VC deals are at all-time lows. The days of vaporwave projects raising hundreds of millions of dollars despite having no PMF are over. Bullish on revenue-generating protocols that can survive without VC money.

@thedefinvestor·Jul 17, 2026·2 sources·positive

AI Summary

Crypto VC deal activity has reached all-time lows, signaling the end of hype-driven projects and a shift toward sustainable protocols with actual revenue.

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Crypto VC deals are at all-time lows. The days of vaporwave projects raising hundreds of millions of dollars despite having no PMF are over. Bullish on revenue-generating protocols that can survive without VC money.

@thedefinvestor

Crypto VC deals are at all-time lows. The days of vaporwave projects raising hundreds of millions of dollars despite having no PMF are over. Bullish on revenue-generating protocols that can survive without VC money. https://t.co/gCQnjWFwpQ

@thedefinvestor