Shutdown Surge: 60+ Crypto Projects Dead, Top Three All a16z-Backed According to Rootdata, more than 60 crypto protocols have announced shu…
Shutdown Surge: 60+ Crypto Projects Dead, Top Three All a16z-Backed
According to Rootdata, more than 60 crypto protocols have announced shutdowns since the beginning of this year, and the number continues to grow. Among them, 10 projects had raised over $10 million in total funding. The top three by total funding were all led by a16z: Yupp ($33 million), Syndicate ($27.8 million), and Entropy ($26.95 million).
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