On January 30, Framework Ventures co-founder VanceSpencer tweeted that start-up tokens like Vine and Jelly are beginning to attract market interest. He pointed out that many early start-up tokens were of low quality, and the founders mostly wanted to cash out, resulting in the final value of these tokens returning to zero. But now the market is starting to think about the practical use of tokens, rather than just chasing the "Meme culture." He mentioned that the market is more concerned about on-chain start-up projects that generate revenue, have repurchase mechanisms, have broad market prospects and can continue to grow. In other words, the market no longer favors tokens that are sold, but values those that are bought back and are truly valuable.