How do blockchain and crypto startups raise funds?

In the rapidly evolving world of cryptocurrency and finance, one question that often arises is: "How do blockchain and crypto startups raise funds?" Given the unique nature of these ventures, traditional financing methods may not always be applicable. This begs the question of how these innovative enterprises attract the necessary capital to bring their ideas to life. Are they relying solely on angel investors and venture capitalists? Are they turning to innovative financing mechanisms like initial coin offerings (ICOs) or token sales? Or are they leveraging the decentralized nature of blockchain technology itself to raise funds in a more distributed manner? As the industry continues to grow and evolve, it's crucial to understand how these startups are financing their operations and what challenges they face in doing so.