The current crypto scene is filled with extravagant parties, but many participants are struggling to raise funds and build real community interest.
At Token2049, the lavish spending on parties contrasts sharply with the reality of many crypto projects that are struggling to secure investment.
While the buzz around new crypto projects at Token2049 is palpable, the fundamentals—real community and usability—need to be scrutinized beyond the glitz.
The funding flowing into layer-1 and layer-2 blockchains raises concerns, given that they are often being financed before proving real viability.
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