🚨 A terrifying fact and you need to be aware of it 🚨
There are between 160 and 300 blockchain networks and active projects
The value of funds locked is approximately 75B$ billion dollars in the decentralized finance sector
The problem is that among all these projects, only 10 of them control more than 90% of the locked funds in the sector, and the rest projects get only crumbs—meaning we can say they’re ghost projects, and their liquidity is dead
This is the issue: in the coming years, we’ll see many projects go bankrupt and be abandoned because there are too many projects and they all end up solving the same problem with nothing new, and the liquidity the founders are hoping for is controlled by only 10 projects
There are between 160 and 300 blockchain networks and active projects
The value of funds locked is approximately 75B$ billion dollars in the decentralized finance sector
The problem is that among all these projects, only 10 of them control more than 90% of the locked funds in the sector, and the rest projects get only crumbs—meaning we can say they’re ghost projects, and their liquidity is dead
This is the issue: in the coming years, we’ll see many projects go bankrupt and be abandoned because there are too many projects and they all end up solving the same problem with nothing new, and the liquidity the founders are hoping for is controlled by only 10 projects
