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$6.3B Raised vs $40K Revenue in 30D
The crypto winter is real. We analyzed some of the largest projects backed by leading VC funds. Interesting finding: together, they generated about $40K in fees over the pst 30 days.
— Total raised: $6.3B
— Total revenue over the past 30 days: $39.3K
— Annualized revenue: $471K
— Estimated return period at the current revenue rate: 13,381 years
Is it a failure of the business protocol model or a stage of the market?