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RE: Only 8% of Blockchain Projects are Still Active

in #bitcoin6 years ago

it would be very interesting to know how many of the failed projects are still listed at any exchange around the world. And how much money was burned?

I trust a good percentage of these were scam, not even designed to succeed at all. Many others, I assume did only focus on technology and had no valid use case in real world.

A significant part might have failed because they did not focus on the creation of an actual company, which incorporates far more than just creating a token and a whitepaper.

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