Mmastodon BusinessCrypto first seen 19 h ago, last 13 h ago, peak #8
Truth Ventures CEO says Web3 funding boom is over
Original: 🆕 Nouvel article SunLibCrypto Fin du boom de financement Web3 selon Varun Datta, CEO de Truth Ventures Varun Datta, CEO
Varun Datta, chief executive of Truth Ventures, says the era of abundant funding in Web3 has come to an end. His remarks come despite a 31% rise in investments in the second quarter, a figure he frames as not signalling a return to the easy capital of previous years. The comments add to a growing debate among crypto investors about whether the sector's financing cycle has permanently shifted.
Why now: Investors are debating whether the recent rise in crypto funding marks a recovery or the end of the Web3 boom era.
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