45% of VC-backed crypto projects from 2023-24 are already dead ☠️
🤯 77% make under $1K/month!
Even @a16z @polychain @balajis @StaniKulechov @sandeepnailwal & Binance Labs took major L's.
Big logos ≠ product-market fit.
@graminitha1 breaks down the truth on VC in crypto ⤵️
