Lattice Fund analysts state that 80% of the crypto startups that secured funds in 2022 still remain active.
The analysts identify Ethereum’s EigenLayer as the standout performer of the 2022 startups.
Ethereum remains the dominant layer-1 blockchain, with 314 projects receiving $1.4 billion in investments.
Analysts from Lattice Fund found that over 80% of crypto startups that received funding in 2022 are still operating, despite market turmoil. The report, released on October 1st, highlighted the Ethereum re-staking protocol EigenLayer as the top performer among the 2022-funded startups.
Of the 1,200+ startups that raised a combined $5 billion, 76% successfully launched products on the mainnet. Only 18.5% have shut down. However, only 1.5% of the projects achieved “Product Market Fit” (PMF), while 12% secured additional funding.
Ethereum Leads in Layer-1 Projects
Ethereum remains the leading layer-1 blockchain for new projects. 314 Ethereum-based projects received $1.4 billion in investments. 82% of these projects survived, while the remaining 18% failed. Ethereum’s EigenLayer leads the pack with its successful market strategy and a multibillion-dollar…
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