Crypto has to be more efficient with the money being used
Michael Anderson, co-founder of Framework Ventures, emphasizes the need for greater efficiency in the use of money within the crypto sector amid a bullish sentiment for founders. During a recent segment, he noted a trend of decreasing venture capital allocations, indicating that there is likely to be less funding available than anticipated in the current cycle. Founders are advised to maintain a runway of at least 24 months and to understand their monetization strategies clearly. Santiago Santos pointed out that even major companies like Facebook faced scrutiny for lacking a clear monetization plan during their early days. However, as the crypto landscape matures, clearer monetization models are expected to emerge as more users come on board. Santos suggests that if a project can capture user attention effectively, there will be significant opportunities for monetization in the future.
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