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VC-Backed Crypto Projects Face High Failure Rates—Study Reveals 45% Have Collapsed
VC-Backed Crypto Projects Face High Failure Rates—Study Reveals 45% Have Collapsed
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A new study by Chainplay and Strorible paints a sobering picture for venture capital-backed crypto projects. Nearly half (45%) have shuttered operations, while 77% fail to generate even $1,000 in monthly revenue. The findings suggest that even projects with institutional backing aren't immune to the sector's volatility.
Top-tier VC firms, often seen as gatekeepers of quality, appear equally vulnerable. The data underscores the high-risk nature of crypto ventures, where HYPE frequently outpaces sustainable business models. This comes as the market continues to weed out weak projects post-bull run.
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