What I keep hearing in VC land is that founders no longer pitch them, they now pitch founders. So yeah I'd say there's a surplus of capital. That plus the hype

What I keep hearing in VC land is that founders no longer pitch them, they now pitch founders. So yeah I'd say there's a surplus of capital. That plus the hype probably makes anything that mentions blockchain worth investing in from a VC perspective. Same reason people are buying pictures of apes.