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These web3 projects that shut down, pivoted, or went bankrupt,
which ones have you participated in?
Most projects lack good economic models and cannot develop sustainably.
When the bear market hits, there are no airdrops, no liquidity,
and projects naturally end.
Some projects are meaningless to begin with, created purely for the sake of starting a project,
unable to survive even one cycle.
When a project launches, you have to go back to the question: what problem does it solve?
It needs real use cases and practical value to sustain development.
Not all entrepreneurs are qualified founders.
#Web3 @PANews