Lattice VC: More than 80% of crypto startups that announced seed round financing in the 2022 bear market are still under construction

Golden Finance reported that a new report from Lattice VC showed that more than 80% of crypto startups that announced seed rounds of financing in 2022 are still continuing to build today. In the turbulent months of 2022, venture capital firms invested more than $5 billion in 1,200 teams that announced their seed rounds of financing, 2.5 times that of 2021. According to Lattic data, startups in the 2022 era issued significantly fewer tokens than teams in 2021, only 15% of that in 2021. Zajko said this may be due to the team missing the "bull market window" and CEX becoming "picky" about which assets to list.