- VCs can only find web2 to raise money in the next round. They are very jealous of the industry, but it will be painful to report to LPs
- High-quality real use case projects that do not over-finance VCs (or even do not raise funds at all) begin to appear, and use other more decent ways to transfer benefits
- Audit/security companies that truly create value are slowly beginning to be valued, and high-quality audits have become an important part of the industry: BlockSec, Hexagate, Hypernative
- For non-meme projects, the market returns to favor projects with real income, real monopoly, and real use cases (I hope they will have innovative ways to link tokens and businesses)
- The next round is the real application cycle