2022 was a tough year for the crypto world: Terra-Luna crashed, FTX went bankrupt, and crypto lenders went bankrupt. But these disasters didn’t sink most early-stage startups. According to a new report from Lattice VC, more than 80% of crypto startups that raised seed rounds in 2022 are still operating.

- 1,200 teams raised $5 billion in 2022, 2.5 times more than in 2021.

- Eigen Labs stood out with its innovative Ethereum retaking.

- However, only 1% found product-market fit, and 12% raised additional funding.

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