Some crypto VCs see decentralization as the future following FTX collapse

Some crypto VCs see decentralization as the future following FTX collapse

2 years ago
Anonymous $_PGtSJbg8h

https://techcrunch.com/2022/11/09/some-crypto-vcs-see-decentralization-as-the-future-following-ftx-collapse/

As the crypto market digests the past few days of chaos, venture capitalists see the moment as a warning, but also an opportunity for the growth of decentralization and maturation of the larger blockchain space.

“As venture investors, we take a long-term view on the industry; despite the current market turmoil, we are actively assessing and investing in the right opportunities,” Marc Weinstein, founding partner of Mechanism Capital, said to TechCrunch. “The premise of DeFi has, if anything, been strengthened by the collapse of centralized entities from opaque counterparty relationships.”

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