There's three different things to look at. There's crypto currencies, there's blockchain technologies, and then there's like kind of web three related apps and infrastructure. That all gets mixed into different things. I think when we looked at the biggest class of investment, you're right. It covered the exchanges that were trading NFTs. The other thing that a lot of investment has gone into L1s. Basically people trying to create the equivalent of the next Ethereum or the next Solana.

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