đ Crypto startup update! đ
- More than 80% of crypto startups in 2022 are still active! đȘ
- 76% have launched products on mainnet, but 18.5% have stopped operating.
- Eigenlayer is the most successful startup, launching a billion-dollar product in 2023.
- Only 1.5% found "Product Market Fit", 12% successfully raised additional capital.
- CeFi & infrastructure are the most successful investment areas.
- Gaming & Metaverse have the highest failure rate.
- Ethereum leads, Bitcoin is the most durable.
- 100% of Bitcoin projects are still active, Ethereum has 18% failure.
- Solana is struggling, 26% of projects failed due to FTX & SOL price drop.
- Challenges for startups in 2022: flat market, high competition.
What do you think about the future of crypto? Comment! đ
