PANews reported on October 2 that according to Cointelegraph, according to the latest report from venture capital firm Lattice Fund, more than 80% of early-stage startups that raised funds in 2022 are still active today. Analysts at Lattice Fund found that of the more than 1,200 crypto startups that raised $5 billion in funding in 2022, 76% successfully launched products on the mainnet, while 18.5% were no longer active or decided to close. Eigenlayer is the most successful startup in raising funds in 2022. Eigenlayer successfully executed its launch strategy and delivered products worth billions of dollars by 2023, which is a rare story among startups in 2022.
Only 1.5% of startups successfully found what Lattice calls "product-market fit" (PMF), and only 12% of projects successfully obtained additional rounds of funding. Infrastructure and centralized finance (CeFi) proved to be the most successful investment areas, with 80% of CeFi and 78% of infrastructure projects launching products on mainnet. Meanwhile, games and the metaverse proved to be more hype than substance, with the highest failure rates of all sectors.
