Highlight clip: Michael Dempsey: Crypto VC has been almost dead for two years as AI has drawn talent far away Michael Dempsey: Crypto VC has been almost dead for two years as AI has drawn talent management partner far away Michael Dempsey said in an October 13 Caesar interview that crypto venture capital has been almost dead for two years. In 2021, tech entrepreneurs are flocking to crypto; Now AI is attracting most of them. He said that crypto needs more talent and better token incentives, as tokenization can undermine long-term incentives. Meanwhile, some fully decentralized tokens are starting to show real value, allowing investors to appreciate fundamentals rather than mere narratives. In venture capital, some founders are pursuing new ideas beyond the perpetual future of DEXs.

Highlight clip: Michael Dempsey: Crypto VC has been almost dead for two years as AI has drawn talent far away Michael Dempsey: Crypto VC has been almost dead for two years as AI has drawn talent management partner far away Michael Dempsey said in an October 13 Caesar interview that crypto venture capital has been almost dead for two years. In 2021, tech entrepreneurs are flocking to crypto; Now AI is attracting most of them. He said that crypto needs more talent and better token incentives, as tokenization can undermine long-term incentives. Meanwhile, some fully decentralized tokens are starting to show real value, allowing investors to appreciate fundamentals rather than mere narratives. In venture capital, some founders are pursuing new ideas beyond the perpetual future of DEXs.