Crypto Venture Capital’s High Failure Rate: A Closer Look

A recent study has revealed a sobering truth about venture capital investments in the cryptocurrency space: a staggering 45% of VC-backed crypto projects have failed. This revelation underscores the inherent volatility and challenges associated with building sustainable ventures in the blockchain ecosystem, highlighting the need for caution and due diligence. The study, conducted by Chainplay and Storible, offers valuable insights into the factors contributing to this alarming failure rate.