So things are serious and I believe they will become even more serious from now on.
@SlingshotCrypto and @PolynomialFi are shutting down.
Two projects that are quite important in terms of activity, mindshare, followers, etc.
@PolynomialFi at least had over $4B in volume, 27M+ transactions, 8M TVL at peak.
Still, they are shutting down. Why?
Because many projects live off the money they raise, and very few manage to reach the point where they generate revenue.
The problem is that in the past, things were relatively simple:
- We took money, lived off it, and developed until the next altcoin seas
View Original