This will be a good testing ground to explore how VC backed chains will function in the time to come, especially if we have a crypto autumn or winter… As you probably know already VCs get discounted crypto as early adopters however they typically have lockdown periods/”vesting period” which prevents them from selling everything they bought.
These vesting periods are typically in order of 6 months, year or two years… Depends on how well they haggled their position. Now the interesting experiment will begin. If the FED raises the interest rates (as we know they will) venture capitalists will have to reduce their most risky position i.e. crypto. This is why the entire crypto and stock market is tanking to some extent. This also means that VC backed chains will see bigger selloffs when their vesting periods end and prices of those coins will take a bigger hit.
What do you make of this? Personally I am looking at SOL since it is heavily backed by VCs and there are a dozen of YT arguing how VC capital is best and to follow the money.