Published Oct 1, 2026, 5:22 AM ET · Updated a month ago · 1 source
VC coin evolution: narrative-driven era gave way to data-farming era, eroding scarcity and legitimacy
X
·
Original Report
The evolution of VC coins moved from narrative-driven infrastructure projects to a data-farming era where VC and academic backing are weakened, causing narrative coins to lose scarcity and legitimacy.