📣Crypto Council for Innovation's research reveals racial disparities in web3 funding. Despite web3's aim to democratize the economy, Black and Latino founders only raised 0.5% of total deal volume in 2022, a significant drop from 7.1% in 2017. Even as VC investments fell by 36%, investments in Black-led businesses saw a steeper 45% drop. Despite these groups demonstrating value, they're often first to lose out when funding dries up. 📉 What are your thoughts on this? Let's discuss below! 👇 #CryptoNews #Web3