• The Indexed #5 - Web3 Funding Dives By 80% (Surprising Nobody)

  • Jul 13 2023
  • Length: 19 mins
  • Podcast
The Indexed #5 - Web3 Funding Dives By 80% (Surprising Nobody) By cover art

The Indexed #5 - Web3 Funding Dives By 80% (Surprising Nobody)

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  • Summary

  • When the market is just an endless pile of bottomless void reduction and shit. We are in a bear market, it's still happening things are still down, we aren't down, we are getting by. Tech goes through cycles, however it doesn't matter what sector you are in things are a little bit rough. While the 80% drop in funding is unsettling, it doesn't spell the end for web3. Instead, the decline suggests a sobering period of reassessment rather than a total dismissal of the sector. Decreased venture funding can catalyze innovation, pushing startups to scrutinize their value proposition and technological foundation more closely.

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