It has not beenA good year for blockchain-based startups. Additionally, asset price correctionWeb 3-focused technology startups had to deal also with a series if crises in the industry that sometimes dominated technology headlines during a general slump in venture capital.
The Terra/Luna ChaosIt comes to my mind. He does. The collapse of the capital of Wealthy Arrows. This is just the beginning. The Rapid Fall of FTX and Associated Entities.
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Many people who invest in or build blockchain-based assets and protocols have managed to keep their heads up despite all the chaos. This is evident in the evidence – startups are still around. Founded and extended in the web3 spaceAnd the Venture investors are still writing checks. It is business as usual.
Probably.
It is worth noting that venture capital money was disbursed at a rapid pace to Web 3 companies in 2022 — this is a broad term, I’m not trying. Crypto vs BitcoinArgument – This is the year that has fallen. Crunchbase Data Checked by Crunchbase news compilersRecently, it was observed that, after the peak of quarter four in 2021, the capital raised for companies dealing with blockchains or cryptocurrency decreased in each quarter until the quarter three of 2022.
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