According to BlockBeats, Chris Burniske, former head of Ark Invest crypto and current partner of Placeholder VC, said that he would focus on a major dark horse project in each cycle. BTC in 2014-2017, ETH in 2018-2021, and SOL from 2022 to now.

Burniske still holds BTC and stakes ETH. He is interested in SOL because of its stamina and differentiation. Many people support established projects, while fewer people support dark horse projects because it requires career risks.

Burniske is good at transitioning from dark horse to mature. He said he may look at other projects in the future, but currently supports all good-faith efforts.