99 projects closed in 2026. Some weren't just names on a list, we had worked with them, watched their campaigns, and followed their journeys. Seeing those teams disappear made the market downturn feel very real.
https://t.co/HXSHKdNrOU
More than $2T left the crypto market in eight months. For a small team like ours, that meant shrinking treasuries, tighter client budgets, and funding that simply wasn't there when we needed it.
https://t.co/CP9GmwblzB
Web3 got really good at acquiring users. The harder problem was getting them to stay. After five years building AirLyft, we saw the same pattern again and again: campaigns drove participation, but retention remained stubbornly low.
https://t.co/9oOxvqyGsG
Building is expensive. But maintaining something the market no longer values properly can be even harder.
Servers, people, support, infrastructure, all keep costing money, even when customers stop paying enough to sustain them.
https://t.co/6HlIPiCitd
Web3 entered survival mode, and growth spending was one of the first things to go.
But the projects that survived had something different: real users, real engagement, and sustainable revenue.
https://t.co/Te2lj6Y1HO
Farming didn't just affect Web3 projects. It changed the economics of building campaign infrastructure.
- Fighting Sybils,
- Verifying engagement, and
- Filtering noise
Became a continuous cost. We experienced it firsthand with AirLyft.
https://t.co/WITK4L889c
Web3 built incredible infrastructure, but never solved the hardest part: who pays for it?
Grants, tokens and subsidies made things look sustainable until the market turned. We learned this lesson building AirLyft.
https://t.co/B2OV2v101F
Projects shut down. Communities move on. Funding dries up.
But what happens to the platforms built around them?
We spent years building infrastructure for projects that helped shape an entire ecosystem. When those projects start disappearing, you’re forced to confront a side of building nobody talks about:
What happens to the builders when the market moves on?
This is our reflection on building, surviving, and knowing when to let go.
https://t.co/NH6wdtJ5X6
Building through a difficult market teaches you something no growth chart can.
Sometimes keeping a company alive means making hard calls, cutting back, starting again, and continuing when nobody is watching.
We wrote about what that actually looks like.
https://t.co/CfqXsXicIN
One of the biggest lessons we've learned building in Web3:
Sometimes your product isn't the problem. The market is.
You can build something customers genuinely love, solve a real pain point, and still struggle because the timing, liquidity, or broader ecosystem isn't on your side.
That doesn't always mean the idea was wrong.
It might simply mean the market wasn't ready.
We shared our reflections on building through one of the toughest periods in Web3 and what it taught us about product, resilience, and timing.
https://t.co/UpEQJf9d5n
Every startup has a product people see.
Very few ever see what keeps it alive.
The conversations about whether to continue. The personal sacrifices. The missed moments. The uncertainty. The quiet decisions to keep building when nobody is watching.
This is a story about everything that happens behind the scenes that rarely makes it into a launch post.
https://t.co/HfjzIVnsIO
For the last five years, we've been trying to understand one question:
How do you know whether someone who joined a campaign actually became a real user?
We've worked with hundreds of projects, watched different approaches succeed and fail, and this question still doesn't have a simple answer.
This isn't a promise that we've solved it. It's an honest reflection on what we've learned and why we continue exploring the problem.
https://t.co/dZLj2I5fom�
We read Charles "I'm taking a break" post and sat with it for a while.
Not because it was surprising, but because someone finally said out loud what a lot of builders have been feeling.
This market has been hard. Teams have shut down. Good products have disappeared. And yet, some of us are still here, not because it's easy, but because the problem we're trying to solve hasn't gone away.
A few thoughts on what we've been seeing from inside the industry.
https://t.co/XwrCz9gw9R
Cross-chain expansion sounds simple until you actually start building across ecosystems.
Every network has its own tooling, developer culture, user expectations, and trade-offs. What works on one chain rarely translates perfectly to another.
In our latest note, we share the questions we've been asking after building across Avalanche, BNB Chain, Polkadot, and the wider Substrate ecosystem and why expansion is more about learning than simply deploying.
https://t.co/SJ7WnwJ6Et
The biggest product decisions we've made didn't come from dashboards or planning meetings.
They came from conversations with users.
For a small team, every feature competes for limited time and attention. We've learned that staying close to users helps us prioritize what truly matters and avoid building things nobody needs.
In our latest note, we share how we approach product decisions, prioritize opportunities, and think about product development as a small team.
https://t.co/ap1xrSMcjz
Bull markets reward speed. Bear markets reward discipline.
What we've observed over multiple market cycles is that the teams that survive aren't necessarily the ones with the most funding or hype but they're the ones that keep building, listening to users, and improving their product when nobody is watching.
Market cycles come and go. Execution compounds.
Read more:
https://t.co/9k7gxLjgkz
After analyzing millions of Web3 user interactions, one thing is becoming clear:
Acquisition is no longer the problem. Retention is.
The projects winning in 2026 aren't chasing more users, they're building habits, loyalty loops, and reasons to come back.
Our latest observations 👇
https://t.co/wGt9oLBMq1
Web3 has spent years solving ownership.
We still haven't solved subscriptions.
Recurring payments, user retention, cross-chain experiences, pricing stability, and seamless UX remain surprisingly difficult problems.
But if Web3 wants real businesses, not just speculation, we need sustainable monetization models.
Some thoughts on why it's so hard, and why we keep building anyway:
https://t.co/sANAyXCggg
A lot has changed since 2022, but the core belief remains the same: onboarding and retention in web3 still need serious work.
Appreciate everyone who has been part of the journey. Less noise, more focus. Onward.
https://t.co/axJSYLVIN5