I think 2023 will be a bloodbath for crypto startups:
1. Most ‘21/22 seed startups run out of money
2. Some get acquired
3. A few raise new rounds (>80% downrounds)
4. Tech salaries come down
5. Tech job titles deflate
6. VCs invest in other sectors (AI etc)
6) Coinbase frequently performs on-chain validation. Due to security concerns, we do not make such on-chain wallet information and confirmation information publicly available through a cryptographic Proof-of-Reserve, or other advanced cryptographic accounting procedure.
Top 10 Potential Projects in 2022 (Bearish) Nov. 18
This thrilling week’ll end soon. As we said, the slowdown of interest rate hikes doesn't mean it won't happen nor the start of loose market liquidity.
The hard time will go on.