You know why web3 projects are failing continuously. #ADA #cardano #crypto See the example here $ada aka cardano, one of promising crypto project in Industry. In the last three year this shit project created 2 million in revenue and spend around 1 billion. On the other side there is web2 company Dropbox (cloud storage and development tools ) create 2.5 billion in revenue last year and its overall roughly valuation is around 8 billion, while cardano valuation is near 10 billion. How you gonna justify this in buisness actually you can't. The definition of buisness is only profit as soon as possible otherwise you are failed project.
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