Why these 30 web3 founders are optimistic about 2024

The crypto winter could or could not thaw, however not everybody goes into the brand new yr with out hope: A majority of founders are optimistic concerning the alternatives for crypto startups in 2024, per a brand new survey shared solely with starcrypto+.

The CoinFund Founder Forecast survey gathered responses from 30 of CoinFund’s web3 portfolio firms throughout the pre-seed, seed and Sequence A levels. The survey ran from November 7 to November 17, when cryptocurrencies like bitcoin and ethereum had been beginning to present indicators of value restoration.

Whereas some crypto startups could also be going out of enterprise, Alex Felix, managing associate and chief funding officer at CoinFund, stated these 30 firms have enough runway and are fascinated by the brand new yr. “The one factor that was so totally different about this bear market is the resolve to maintain going and never let value motion or media cloud the imaginative and prescient,” Felix stated. Numerous the problems we noticed throughout this crypto downturn had been the results of human errors or poor governance, which “reignited the spirit to construct,” he added.

In accordance with the survey, the highest areas primed for development within the coming yr embody AI built-in with web3, zero-knowledge know-how, decentralized finance, shopper apps, gaming, layer-2 blockchains and crypto wallets.