Do you Remember Kadena? Ethereum killer with infinite scalability and dirt cheap fees Backed by ex-JP Morgan blockchain guys Raised 35M KDA ran to 27.64 in 2021 9M TVL at peak Sold as blockchain for business Look Fast forward org just pulled the plug All commercial ops and maintenance dead Network abandoned to miners Token nuked -57% in hours Market cap 32M TVL 190K We really did have way too many L1s last cycle(Justin Wu)