🚨 Crypto VC participation down 90% in 4 years
@hosseeb from @dragonfly_xyz called it in Feb 2026: dedicated crypto VC firms face "mass extinction" and could be OBSOLETE BY 2030
Why? A few dominant chains are hoarding:
• Users
• Liquidity
• Dev activity
Fewer quality startups = no room for specialist funds
This isn't a bear market dip. This is structural.
The VC model that funded 2017-2021 is dying. Adapt or exit.
@hosseeb from @dragonfly_xyz called it in Feb 2026: dedicated crypto VC firms face "mass extinction" and could be OBSOLETE BY 2030
Why? A few dominant chains are hoarding:
• Users
• Liquidity
• Dev activity
Fewer quality startups = no room for specialist funds
This isn't a bear market dip. This is structural.
The VC model that funded 2017-2021 is dying. Adapt or exit.