Brev's performance is worth paying attention to. Even after releasing 233 million incentive tokens, the price decline has been quite restrained, which is rare among new tokens. Currently, the FDV remains at around 339 million, and among some top-tier exchange spot new listings, its resilience is indeed outstanding.

Interestingly, the overall crypto community's aesthetic towards VC tokens is quietly shifting. The hype around fundraising narratives is fading, and the market is beginning to focus on what these projects can actually implement and what real problems they can solve. Brev's official recent emphasis on three keywords—"genuine returns, real applications, authentic change"—pretty much explains the situation. This is not empty talk, but a microcosm of how VC tokens are transitioning from valuation-driven to value-driven.