🙅♂️ #YUPP #SYND #ENTR Shutdown Surge: 60+ Crypto Projects Dead, Top Three All a16z-Backed
According to Rootdata, over 60 crypto protocols have announced shutdowns this year, with the number still rising. Among these, 10 projects raised over $10 million in total funding, with the top three all backed by a16z: Yupp ($33 million), Syndicate ($27.8 million), and Entropy ($26.95 million).
According to Rootdata, over 60 crypto protocols have announced shutdowns this year, with the number still rising. Among these, 10 projects raised over $10 million in total funding, with the top three all backed by a16z: Yupp ($33 million), Syndicate ($27.8 million), and Entropy ($26.95 million).