Web3 VC Shima Capital Doesn’t Slow Down Strategy For Crypto Winter

“Infrastructure deals are generally good in crypto winter because they usually take longer to build projects and also require a lot of talent, which is cheaper now,” Gao said. He added, “On the other end of the barbell, we see that consumer apps, specifically gaming, continue to be a large part of our portfolio.” “People play games more in bearish markets and, more importantly, toconomics and digital assets fit together well in a well-designed game.”