According to ChainCatcher news and CryptoRank data, this year, VC projects that have launched and gained some recognition have market values that are almost all below their valuations. For example, Humanity Protocol (VC valuation of $1 billion, current market value approximately $285 million), Fuel Network (VC valuation of $1 billion, current market value approximately $11 million), Bubblemaps (VC valuation of $1 billion, current market value approximately $6 million), with discrepancies reaching several dozens of times.
Other projects like Plasmas and DoubleZero have market values that are mostly only 10% to 30% of VC valuations.
