Does the Crypto industry need a 'cleanup' for innovation and sustainable growth?
- This article argues that the crypto sector requires a 'cleanup' to spark new growth.
- The 'old standards' that need to be purged include excessive fundraising and hoarding of investment resources.
- This 'cleanup' is likened to a necessary 'wildfire' for regeneration, helping the market shed inefficient elements.
- The goal is to create a healthier environment that fosters innovation and sustainable development for the crypto ecosystem.
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Source: Blockworks