According to The DeFi Edge, by 2025, 85% of token launch prices will be lower than their initial offering price. Venture capital-backed projects are seeing declining returns, with some projects suffering significant losses. In Q2 2022, crypto VC fundraising reached nearly $17 billion in a single quarter, with over 80 new funds established. Since 2022, VC investment returns have continued to decline, and the number of new funds has dropped to a five-year low, with last quarter’s fundraising amounting to only 12% of Q2 2022 levels. Although VC investments reached $8.5 billion last quarter, marking an 84% quarter-over-quarter increase, most of this came from capital deployed in 2022 rather than new funds. The report highlights that the traditional “VC entry—token launch—retail sell-off” model is fading. As VC influence weakens, the key to future project success lies in real users and actual revenue, which is expected to lead to fairer token launches and reduced insider sell-offs. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=56849