The blockchain and crypto sector is undoubtedly going through difficult times, with the market falling $2 trillion since its November 21 peak. An overwhelming negative sentiment is shrinking the industry’s resources while weekly outflows amount to $102 million.
The Crypto Fear & Greed Index shows that investors remain “fearful” of the current bear market conditions. But history teaches us that this lack of hype and market exuberance actually provides fertile conditions for developing innovative technological solutions.
When the DotCom Bubble burst in the early 2000s, companies like Amazon, e-Bay, Google, Facebook, and Cisco all survived the crash. Indeed, they emerged from the crash stronger because their developers continued building instead of allowing volatile markets and negative sentiment distract them. Similarly, crypto projects like Tron, ChainLink, Polkadot, and EOS, were able to survive the 2017 ICO craze and the crypto winter that followed.
Bear markets have historically filtered out opportunists and stupid capital to make way for real innovators delivering scaleable market solutions and longer-term investor growth.
Nevertheless, bear markets also entail a shortage of capital as investor disappear or sit on the sidelines and liquidity disappears from the market. Only a handful of serious project developers, entrepreneurs, and long-term investors stay back to support each other.
These stakeholders require a space where they can connect, collaborate, and build cutting-edge technologies to sustain themselves and the industry overall. Incubators, launchpads, and accelerators become crucial resources for entrepreneurs, companies, and developers during a bear market.
Incubating Startups, Accelerating Growth
Incubators can be essential to a company's long-term survival and success. The National Business Incubator Association reports that 87 percent of incubated startups continue to survive after five years—twice the success rate of startups that develop completely on their own. Moreover, 84 percent of incubated companies share the incubator’s community, creating a wide but well-knit network of entrepreneurs, advisors, developers, and investors, however, community support is just one aspect of incubators.
Continue reading: https://www.forbes.com/sites/lawrencewintermeyer/2022/09/08/web3-developers-can-thrive-in-the-bear-market-with-the-right-support-services/?sh=3ae3522a1a1f
The Crypto Fear & Greed Index shows that investors remain “fearful” of the current bear market conditions. But history teaches us that this lack of hype and market exuberance actually provides fertile conditions for developing innovative technological solutions.
When the DotCom Bubble burst in the early 2000s, companies like Amazon, e-Bay, Google, Facebook, and Cisco all survived the crash. Indeed, they emerged from the crash stronger because their developers continued building instead of allowing volatile markets and negative sentiment distract them. Similarly, crypto projects like Tron, ChainLink, Polkadot, and EOS, were able to survive the 2017 ICO craze and the crypto winter that followed.
Bear markets have historically filtered out opportunists and stupid capital to make way for real innovators delivering scaleable market solutions and longer-term investor growth.
Nevertheless, bear markets also entail a shortage of capital as investor disappear or sit on the sidelines and liquidity disappears from the market. Only a handful of serious project developers, entrepreneurs, and long-term investors stay back to support each other.
These stakeholders require a space where they can connect, collaborate, and build cutting-edge technologies to sustain themselves and the industry overall. Incubators, launchpads, and accelerators become crucial resources for entrepreneurs, companies, and developers during a bear market.
Incubating Startups, Accelerating Growth
Incubators can be essential to a company's long-term survival and success. The National Business Incubator Association reports that 87 percent of incubated startups continue to survive after five years—twice the success rate of startups that develop completely on their own. Moreover, 84 percent of incubated companies share the incubator’s community, creating a wide but well-knit network of entrepreneurs, advisors, developers, and investors, however, community support is just one aspect of incubators.
Continue reading: https://www.forbes.com/sites/lawrencewintermeyer/2022/09/08/web3-developers-can-thrive-in-the-bear-market-with-the-right-support-services/?sh=3ae3522a1a1f
