Khaws tabs ntawm kev ua tau zoo yuav tsum yooj yim rau cov neeg lag luam peev hauv crypto. Feem ntau ntawm lawv cov thawj koom ruam, yog tias tsis yog txhua tus ntawm lawv, yog cov cim ua kua tokens uas tuaj yeem raug cim rau kev lag luam txhua lub sijhawm.
Tsuas muaj ib qho teeb meem xwb: Muaj coob tus VCs tau tshaj tawm tias tsawg kawg yog ib nrab ntawm lawv cov haujlwm ua haujlwm tau tuav rov qab qhov kev tshaj tawm ntawm lawv cov tokens, hais txog kev ntshai tshaj tus nqi, kev pauv nqi thiab kev tswj hwm kev nruj.
Coj Spartan Group, yog ib qho ntawm cov tub ua lag luam muaj zog tshaj hauv kev lag luam nyiaj txiag.
Ntawm 108 txoj haujlwm uas Spartan tau thim rov qab los ntawm nws cov nyiaj $ 110 lab DeFi, tsawg dua 40% tau teev npe ntawm kev sib pauv, raws li daim ntawv tshaj tawm peev rau peb lub hlis twg ntawm 2022 tau los ntawm The Block. Kelvin Koh, tus thawj coj ntawm Spartan Labs, tau hais tias cov nyiaj hauv nqe lus nug tau nqis peev hauv kev ua lag luam thaum ntxov, thiab ib feem ntawm nws cov nyiaj rov qab - txawm tias rau cov haujlwm uas tau tsim cov tokens - tsis paub txog.
Nws hloov tawm tias ntau crypto VCs nyob rau hauv tib lub nkoj.
Oliver Blakey, tus khub thiab tus tsim ntawm Ascensive Assets tau hais hauv email tias "Zoo li 60% tseem tsis tau tshaj tawm, thiab vim FTX raug cuam tshuam txog 3% yog nyob rau hauv kev txhawb nqa lub neej," Nws lub tuam txhab tau ua 89 kev nqis peev thoob plaws ob qhov nyiaj sib txawv.
Zaum ntawm sab xis
Sau npe token tuaj yeem yog qhov kev tshwm sim muaj txiaj ntsig rau pab pawg tsim thiab cov tub ua lag luam thaum ntxov, tso cai rau lawv them nyiaj tawm qee qhov ntawm lawv cov ceg txheem ntseeg lossis hloov kho cov txiaj ntsig hauv lawv cov ntaub ntawv, ib qhov chaw nrog kev paub nyob rau hauv ob qho tib si venture investing thiab kev ua lag luam hais tias. Perhaps ntau qhov tseem ceeb, nws kuj tso cai rau ib qhov project los tsim kom muaj kev lag luam token rau hauv nws cov khoom.
"Kuv xav hais tias ntau lub tokens tau pib ua ntej (cov khoom ua ntej) hauv kev lag luam nyuj vim nws yog [ib] kev lag luam thiab kev saws me nyuam, qhov tam sim no nws muaj kev cuam tshuam ntau dua," Blakey hais. "Cov phiaj xwm yuav tos kom txog thaum lub token yog ib feem tseem ceeb ntawm txoj haujlwm ua ntej tso tawm tam sim no."
Dawb Star Capital yog nyob rau hauv txoj hauj lwm zoo sib xws. Txog ib nrab ntawm nws cov tuam txhab DeFi portfolio tseem tab tom pib, hais Sep Alavi, tus khub dav dav. Thiab Rich Rosenblum, co-founder thiab tus thawj tswj hwm ntawm Cov neeg tsim khoom lag luam thiab cov lag luam hnyav GSR, kwv yees tias feem ntau ntawm DeFi thiab kev nqis peev hauv vaj tse nws tau ua hauv 2022 muaj tseem mus ntab lawv cov tokens.
Txawm tias muab los ntawm tej yaam num nyob rau hauv Outlier Ventures 'token ascent program, uas yog mob siab rau startups nyob rau hauv lub kawg stretch ntawm lub token launch, yog nres.
“Feem ntau ntawm lawv tseem nyob hauv tus qauv tuav no vim tias lawv tsis tas yuav tso lub network; Nws yuav pab tau los ntawm cov khoom lag luam thiab kev pom zoo, "said Jamie Burke, tus tsim thiab CEO ntawm Outlier Ventures. "Lawv tsis tuaj yeem ncua nws mus tsis kawg, tab sis lawv tuaj yeem tos ntev me ntsis."
Txog 10 qhov haujlwm los ntawm Outlier's token cov kev pab tswv yim tau npaj yuav pib xyoo no, tab sis lawv tuaj yeem them taus tos yog tias xav tau, nws hais ntxiv. Tam sim no nws muaj 25 qhov project hauv qhov kev zov me nyuam.
Facing lub gal
Kev noj qab haus huv rau token launches ntawm cov tsim thiab cov tub ua lag luam tau poob qis rau feem ntau ntawm 2022, ib xyoo marred los ntawm Tsib Hlis tsis ua hauj lwm ntawm Terra / luna stabilitycoin ecosystem. Ces kuvt tuaj rau ib tug screeching nres tom qab lub cev qhuav dej ntawm crypto pauv FTX thiab nws tus viv ncaus trading tuam txhab Alameda Research.
Kev tawm tsam tau nqis los rau qhov sib xyaw ua ke, los ntawm qhov chaw macro phem zuj zus, uas zapped kev lag luam kev ua lag luam, kom nce kev tswj xyuas ntawm cov ncauj lus xws li seb cov tokens puas tuaj yeem raug saib raws li kev nyab xeeb.
Pantera Capital cov nyiaj token thaum ntxov tau nqis los ntawm 71% xyoo dhau los hauv lub Cuaj Hli 2022. The Wall Street Journal qhia tias Andreessen Horowitz tus flagship crypto fund poob los ntawm 40% nyob rau hauv thawj ib nrab ntawm lub xyoo. Hauv lub quarter thib peb, Spartan's DeFi cov nyiaj tau rov qab tsuas yog 4.5% xyoo-rau-hnub, raws li cov ntaub ntawv ua lag luam.
FTX lub cev qhuav dej thaum lub Kaum Ib Hlis tsuas yog ua rau cov teeb meem uas twb muaj lawm. Txij li thaum muaj kev kub ntxhov, ntau qhov kev sib pauv crypto tau hloov mus rau hauv kev tiv thaiv kev tiv thaiv, tiv thaiv cov khoom lag luam uas twb muaj lawm los ntawm kev teev npe tshiab tokens, hais tias Michal Benedykcinski, tus lwm thawj coj loj ntawm tuam txhab lag luam Arca.
Benedykcinski tau hais tias "Muaj ntau qhov chaw nyob ncaj ncees yuav tsis ua rau cov npe tshiab rau lub sijhawm tam sim no, tshwj xeeb tshaj yog kev sib pauv ntawm ntug dej hiav txwv," Benedykcinski tau hais.
David Chreng-Messembourg, tus tsim tus khub ntawm LeadBlock Partners, tau hais tias kev sib pauv tam sim no tsom mus rau "kev khaws nyiaj ntsuab thiab khaws cov neeg siv khoom" tom qab lub xyoo mob.
"Acov nyiaj ntsuab siv zog, suav nrog cov tswv yim, lossis kev tshaj tawm kev lag luam tau raug ncua. Cov npe token tshiab tsis muaj qhov tshwj xeeb - feem ntau kev sib pauv tau ncua / ncua rau tam sim no cov npe token uas lawv muaj nyob rau hauv lawv cov kav dej, "nws hais ntxiv.
FTX's demise kuj tau ua rau nws nyuaj rau cov pib lag luam uas xav tsim lub token los nrhiav tus tsim lag luam.
"Alameda yog tus tsim kev lag luam rau feem ntau cov haujlwm, yog li cov neeg tsim tam sim no yuav tsum tau txiav txim siab rau leej twg lawv ntseeg, vim tias lawv feem ntau tseem yuav tshaj tawm tias lawv tau nyob, lossis ze rau, tshem tawm," Blakey hais.
Hauv siab
Txawm hais tias nyob rau hauv cov xwm txheej zoo li no, qee qhov kev pib lag luam yuav raug yuam kom sau seb lawv xav tau lossis tsis xav.
"Ua ib tus tsim hnub no, koj tab tom cuam tshuam nrog cov neeg ua lag luam sib txawv. Qee tus uas yog cov tub ua lag luam nkaus xwb tab tom thawb lawv cov haujlwm ua ntej yuav pib, "said Paul Hsu, tus tsim thiab CEO ntawm Decasonic, uas pom qee tus tsim tau raug thawb rau hauv kev tsim tawm.
GSR's Rosenblum, lub sijhawm no, pom zoo rau cov haujlwm uas muag cov tub ua lag luam ntawm lub tswv yim tias cov tokens yuav yog ib feem tseem ceeb.
"Kuv tsis xav tias muaj kev ntxhov siab ntau nyob rau hauv ib nrab thib ob, muab ib-ob punch los ntawm luna thiab FTX, thiab yuav tsis muaj yog tias kev lag luam zoo li yuav raug tshem tawm," nws hais. "Tab sis yog tias kev ua lag luam zoo li muaj kev noj qab haus huv, cov neeg uas tau ze rau lub cim ib xyoos yuav muaj kev ntxhov siab, vim lawv feem ntau tau muag lawv cov tub ua lag luam ntawm lub tswv yim tias lub token yog qhov tseem ceeb rau kev ua haujlwm zoo, yog li lawv yuav zoo dua. yuav tsum tau zam txim yog tias lawv tsis muaj sijhawm teem sijhawm thaum muaj xwm txheej zoo. "
SAFE thawj koom ruam
Ib qho ntawm cov lus qhia loj tshaj plaws rau Outlier Ventures los ntawm lub voj voog no yog ntau npaum li cas cov tuam txhab ua tiav nrog ib tug hybrid qauv ntawm ob qho tib si kev ncaj ncees thiab cov tokens tau nce nyiaj, piv nrog cov haujlwm uas tau tsom mus rau sab token ntawm kev lag luam.
Ib qho kev ncaj ncees nce nrog tus qauv token daim ntawv tso cai txhais tau tias kev pib ua lag luam tuaj yeem tsom mus rau kev tsim lawv cov khoom lag luam haum rau lub sijhawm luv luv, chaw nres tsheb tsim kev lag luam token kom txog rau thaum tom qab, Outlier's Burke tau hais.
"Ib puas feem pua ntawm peb lub tuam txhab token-tsuas deals muaj kev pheej hmoo sib txawv," Decasonic's Hsu concurred. “Cov tuam txhab kev ncaj ncees nkaus xwb muaj qhov pheej hmoo sib txawv. Cov tuam txhab tiv thaiv tsis yooj yim tshaj plaws yog cov uas muaj SAFE [kev pom zoo yooj yim rau kev ncaj ncees yav tom ntej] ntxiv rau token warrants. "
Kev ncua sij hawm ntau rau token launches tej zaum yuav ua pov thawj muaj txiaj ntsig zoo rau cov tuam txhab lag luam uas nyuam qhuav pib dabbling hauv crypto, Benedykcinski tau hais.
Benedykcinski tau hais tias "Ntau lub peev nyiaj lag luam uas tau nkag mus rau qhov kev ua si nrog lub peev xwm ua kua token mus nyob, ntau ntawm cov nyiaj no tsis tau teeb tsa tag nrho los tswj thiab muaj kev tswj hwm kev pheej hmoo ntawm kev lag luam ua lag luam tawm nyob rau hauv cov tsiaj qus," Benedykcinski tau hais. .
Ntau tus yuav zoo siab tos txais kev ncua thaum lawv tau txais cov txheej txheem tsim nyog nyob rau hauv qhov chaw, nws hais ntxiv.
Tsis lees paub: Pib xyoo 2021, Michael McCaffrey, tus qub CEO thiab feem ntau tus tswv ntawm The Block, tau txais nyiaj qiv los ntawm tus tsim thiab qub FTX thiab Alameda CEO Sam Bankman-Fried. McCaffrey tau tawm ntawm lub tuam txhab thaum Lub Kaum Ob Hlis 2022 tom qab tsis qhia tawm cov kev hloov pauv no.
© 2022 The Block Crypto, Inc. Tag Nrho Cov Cai. Kab lus no tsuas yog muab ua kev qhia nkaus xwb. Nws tsis yog muab los yog npaj rau siv raws li kev cai lij choj, se, peev, nyiaj txiag, lossis lwm yam kev qhia.
Tau qhov twg los: https://www.theblock.co/post/199734/crypto-vc-token-bets-delayed?utm_source=rss&utm_medium=rss