Based on Odaily, this article reviews eight once-promising blockchain projects backed by top venture capital firms that have since seen their token prices fall by over 90% in some cases. These include Internet Computer (ICP), Fuel Network (FUEL), Dymension (DYM), Flow (FLOW), Yield Protocol, Notional Finance (NOTE), DerivaDAO (DDX), and Eclipse (ES). Despite strong initial funding and hype, most failed to deliver on their promises, with issues ranging from poor execution, lack of demand, and intense competition. The article highlights the importance of sustainable business models and real user adoption over short-term speculation.
8 High-Profile VC-Backed Crypto Projects That Collapsed After the Bull Run
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