A former venture capital investor highlights that although some crypto venture capitalists, particularly in Asia and among lower-tier Western funds, have halted or paused investments following the 2022 Luna collapse, this does not signify the demise of the entire crypto VC sector. According to NS3.AI, the industry is experiencing a consolidation phase, with more established firms continuing to persist and adapt. Despite these setbacks, crypto venture capital remains a crucial force in driving innovation and growth within the blockchain ecosystem.

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