Article Source: Daily Hodl
All markets are cyclical, and Web 3.0 is no exception. Here’s what the community needs to work on to spur the next bull market.
As pointed out in a16z’s recent 2022 State of Crypto Report, crypto has historically followed something the authors term the ‘price-innovation cycle.’ A wave of rising prices attracts new builders, who develop novel solutions to long-standing problems, even as prices fall.
Image and article sourced from Daily Hodl.