Over One-Third Of 2021 Crypto Projects Have Not Delivered A Product — Are You Invested In One Of Them?
Portfolio Pulse from Murtuza Merchant
A report by Lattice reveals that over one-third of crypto projects funded in 2021 have not yet delivered a product. Only 5% of crypto projects have found a product-market fit (PMF) despite two years of development. The report also highlights the dominance of Ethereum (ETH) in the layer-one ecosystems, but notes that BNB teams are most at risk, with a 30% failure rate. 75% of Solana (SOL) teams delivered a product to the mainnet, while Polkadot (DOT) lagged at 62%.
July 29, 2023 | 1:13 pm
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POSITIVE IMPACT
Ethereum (ETH) is highlighted as dominant in the layer-one ecosystems according to the report by Lattice.
The report highlights the dominance of Ethereum in the layer-one ecosystems, which could potentially increase investor confidence and demand for ETH, positively impacting its price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
75% of Solana (SOL) teams delivered a product to the mainnet according to the report by Lattice.
The report indicates a high product delivery rate for Solana teams, which could potentially increase investor confidence and demand for SOL, positively impacting its price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Polkadot (DOT) lagged at 62% in terms of teams delivering a product to the mainnet according to the report by Lattice.
The report indicates a moderate product delivery rate for Polkadot teams, which could potentially have a neutral impact on investor confidence and demand for DOT in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
BNB teams are most at risk, with a 30% failure rate according to the report by Lattice.
The report indicates a high failure rate for BNB teams, which could potentially decrease investor confidence and demand for BNB, negatively impacting its price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80