Nansen CEO: Crypto Startups Will Be Extremely Challenged in 2023

Nansen CEO Alex Svanevik tweeted that crypto startups will be extremely challenged in 2023.

He said, "Most 21/22 seed startups will run out of money; some companies will be acquired while a few raise new rounds (>80% for next round); tech salaries will drop and ech job titles will deflate; VCs will invest in other sectors (AI, etc.)."

Source

Event

Related News
BloFin Impresses at TOKEN2049 Singapore with Strong Vision for Rapid Expansion BloFin Impresses at TOKEN2049 Singapore with Strong Vision for Rapid Expansion
TokenPost Heats Up 'Crypto Fever' with Global Web3 Roadshow 'IXO™ 2024: Embrace the Future' TokenPost Heats Up 'Crypto Fever' with Global Web3 Roadshow 'IXO™ 2024: Embrace the Future'
Latest News More More
4 Hours Ago Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation
4 Hours Ago Singapore bans Polymarket amid national crackdown on online gambling sites
3 Days Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
3 Days Ago Fetch.ai launches $10M accelerator for AI agent startups
4 Days Ago Fidelity’s spot bitcoin, ether ETFs post largest daily net outflows since inception
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open