Most crypto projects fail due to no PMF

CN
8 hours ago

Most crypto projects fail due to no PMF, team abandonment, or being scams/pump & dumps.

But some defied expectations. Special props to:

- @beefyfinance: Born during Yearn Finance fork craze, now with TVL close to Yearn itself.

- @harvest_finance: Aggregator like Beefy. Pioneered sustainable tokenomics.

- @PancakeSwap: How many Uniswap forks from 2020 are alive? PCS is a success story of adaptation. Sushi is alive too, but less successful.

- @QuickswapDEX: Could've died as Uniswap expanded to Polygon. But the team didn't give up and diversified.

- @solana: After the FTX collapse (main backers for Solana), many believed Solana was done. Yet $SOL is this cycle's top success.

Of course, I could add Aave, Maker, Instadapp (Fluid), and other OG DeFi protocols, but I knew they'd do great :)))

Any other successful underdog protocols I forgot?


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