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The web3 winter isn’t going to thaw anytime soon


There’s something phoenix-like about the crypto world. No matter how high the highs, or how low the ensuing lows, blockchain enthusiasts, founders and investors remain confident that their favored sector will rise again. You have to give it to them: it always has bounded back.
We saw this happen in the wake of the initial coin offering (ICO) boom, for example, when NFTs and DeFi took off, helping propel the web3 startup and token world to new heights.
Today, we’re checking on the vital signs of web3 as the sector struggles up the crater left by major tokens, blockchains and startup projects falling back to Earth after 2021. If there’s another rollercoaster ride coming in Crypto Land, we want to be ready for it.

The Exchange explores startups, markets and money.
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