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Topic: Millions are still been raised in this bear market - page 4. (Read 582 times)

hero member
Activity: 2408
Merit: 516
Fundraise has not stopped surprisingly since last year, the only difference is that most of the projects are either in another stage in development as old projects or trying not get into the market yet. There are few exceptions that were listed on exchanges eg Hubble protocol, stadder etc , was raised after the dump and had pumped beyond the ico price. I still see them finding a bottom
sr. member
Activity: 1596
Merit: 264
Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.
I mean it is business anyway so it is their money and funding and that is up to them, it might partially be a bad news for them seem people seems to be selling their coins right now due to panic.
If those NFT projects are in its cheapest, then maybe there could be takeaway from it, but that is pretty much it honestly.
full member
Activity: 1134
Merit: 167
Until now they are in the trend, that's why.
It will take more time before it all calm down. Possibly, this are the NFT projects that was expensive before but became cheaper and investors are taking advantage of it.
Just one push back up and it will be a sure profit for them. There are gems in the NFT market and I think the social media is also helping to raise such amounts.
NFT is one that can raise quite significant funds from the beginning, especially the play to earn game project, although now it is not like previous years maybe due to market influence or momentum that is starting to dim but we can join in it for a low price
legendary
Activity: 1316
Merit: 1450
Yes, millions are still being raised, but a few months earlier we were seeing billions being raised billions. VC trackers like Dove show us a big drop in VC checks. Although there is still an investment, now he seems more focused on the early stage and with smaller checks. But it's just a matter of macro market momentum. Money will keep flowing, but now in a smarter way.
legendary
Activity: 2800
Merit: 1243
Cashback 15%
Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.
How many of those  projects will survive until the next bull run? How much of that money is going to be stolen by developers that just wanted to scam people out of their money? How many people will never see that money again? Those are way more important questions than the fact that some projects are still raising millions of dollars on investments, so while some may think that it is a good thing that those projects are still getting some funding I do not think that is something good at all.

Investors never learned.   After all the hard crashes of NFT projects, they are still into investing thinking that being the first one to jump into the wagon will give them huge profit.  So basically, it is not surprising that millions of dollars are still being raised by the upcoming NFT/Metaverse even though we are at bear market.  The only losers in this kind of scenario are the people who come in last since they are the ones to be buying overpriced NFTs.
hero member
Activity: 2870
Merit: 642
Until now they are in the trend, that's why.
It will take more time before it all calm down. Possibly, this are the NFT projects that was expensive before but became cheaper and investors are taking advantage of it.
Just one push back up and it will be a sure profit for them. There are gems in the NFT market and I think the social media is also helping to raise such amounts.
full member
Activity: 2086
Merit: 193
Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.
The market doesn't stop from growing even on a bear market, we should not be discourage to invest instead take this time to look for a new opportunity to invest and of course to go for the best option where you can think you can benefit from it. There's a lot of new good projects, they are able to raise funds because they are a good project, I think this is not the end yet for the NFTs, they are still new and still have the chance to rise again especially when bull market begins.
legendary
Activity: 3066
Merit: 1352
Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.

Of course, we wouldn't be excited for the future's bull run? There are a lot of speculation at least that bitcoin might hit 6 digit figures in 2024-2025.

As for the NFT/Metaverse, it's the latest hype so what do you expect? Maybe there are investors that is willing to pour their money on this projects and as you have said, millions of funds are being raised. So we will see if they can continue in the next couple of years and still be standing in the next cycle.
legendary
Activity: 3080
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
The bear market is a way of testing if the previous hyped projects can survive, but I'm still skeptical about what the OP is saying about fundraising.
If you are feeling skeptical and why don't you check it directly rather than try to assume if the trend was not going like what OP said above? this will far better rather than try to not believe with others said. It's better if you are checking it directly. So many projects are still able raising the funds for the development purpose. You will find bunch of new projects that were able to do that. By the way this trend was also happening since a few years ago.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
Im still participating in several funding for some new projects but i can't even understand why there are some people who underestimate the crypto investors like said crypto investors are not going to invest in the new project caused by they feel worry with the market. that's not true.
This time legit investors are looking only for legit project and that makes investors became very very selective these days. it doesn't mean they are feeling worry about crypto trend but the bad trend must make investors to be cautious with their money.


New projects may have hundreds of times the potential and opportunity to return profits, but the risk will be higher than those that have been proven and verified by the community. Investing in new projects is not bad but for newbies it is not recommended, if you have the ability to do your own research and have abundant capital, accept risks, there is no reason why you should not invest in a new project. But for newbies, this should be limited because the risk is too high, you know the new project has no guarantee of success.
legendary
Activity: 3108
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
I've seen millions of dollars invested in NFT games last year but I don't know now. Maybe there are a few if it's worth the price.
The strategy was they won't let players go in unless they buy an initial NFT and that is where the start of the fund being raised comes.

Is it a good sign? No. It's pretty clear that unless the top cryptocurrencies are pumping there won't be one with altcoins. Or less.
A good sign will be if they are using Bitcoin, Ethereum, and BNB as means of buying NFT or buying their tokens before they can exchange them for NFT.
full member
Activity: 785
Merit: 105
The bear market is a way of testing if the previous hyped projects can survive, but I'm still skeptical about what the OP is saying about fundraising. The way the NFT/metaverse project has gone through doesn't leave too much of an impression with copied products and hype with different teams. I think the market is changing day by day and trends are going to kick in again to entice new investors.
hero member
Activity: 2268
Merit: 507
venture capital will keep fund project till ran out cash and dry.
and yes many of them also worried about this current bear market with minus returns or even zero returns but i hope this bear will end
No man, if you didn't know how venture capital work and then you must not be real about what you are saying. Those venture capital were instantly getting profit caused by they bought at the private price which not be revealed by the developers.
It seems that you know nothing about how venture capital work. 3AC was also getting collapse caused by UST but if UST didn't get the de peg case and 3AC will be fine.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.
well, that's great news than the FUD circulating for dropping crypto. even, during a bear market, there are still many who see crypto as a profitable type of investment. In fact, I feel that when the price drops in a bear market, a lot of investors enter the crypto world looking for a viable investment. So, we see that even when there is a bear market, investors are still flocking to invest there.
copper member
Activity: 1988
Merit: 905
Part of AOBT - English Translator to Indonesia
venture capital will keep fund project till ran out cash and dry.
and yes many of them also worried about this current bear market with minus returns or even zero returns but i hope this bear will end
member
Activity: 1355
Merit: 67
Im still participating in several funding for some new projects but i can't even understand why there are some people who underestimate the crypto investors like said crypto investors are not going to invest in the new project caused by they feel worry with the market. that's not true.
This time legit investors are looking only for legit project and that makes investors became very very selective these days. it doesn't mean they are feeling worry about crypto trend but the bad trend must make investors to be cautious with their money.


but there are still very clever scam projects though, I've seen them and still trying to look like they are working on it but in reality its just a few seconds of a video game maker.
hero member
Activity: 2506
Merit: 628
I don't take loans, ask for sig if I ever do.
And I don't think there's something wrong with that. A lot of people in the industry are investors, after all, I don't think the market being bearish would affect their decision to invest in projects they deem to be interesting or would generate profit, projects would still develop properly regardless of the market after all. Additionally, a lot of the profits come from the initial release of the projects, so early investors can generate way more than they invested across multiple investments if done properly. So it's kind of like one win offsets the losses of the rest kind of thing.
legendary
Activity: 3052
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
Im still participating in several funding for some new projects but i can't even understand why there are some people who underestimate the crypto investors like said crypto investors are not going to invest in the new project caused by they feel worry with the market. that's not true.
This time legit investors are looking only for legit project and that makes investors became very very selective these days. it doesn't mean they are feeling worry about crypto trend but the bad trend must make investors to be cautious with their money.
legendary
Activity: 2492
Merit: 1332
Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.
How many of those  projects will survive until the next bull run? How much of that money is going to be stolen by developers that just wanted to scam people out of their money? How many people will never see that money again? Those are way more important questions than the fact that some projects are still raising millions of dollars on investments, so while some may think that it is a good thing that those projects are still getting some funding I do not think that is something good at all.
sr. member
Activity: 1988
Merit: 275
Bunch of new projects can still raise a lot of money especially some projects that cooperated with the centralized exchange site. https://icodrops.com/

You must also aware that if during the bear market as long as investors are getting hyped and they will always invest in a project. Basically that's a fundraising and the investors can also invest small amounts of money but the quantitiy become so much that makes the project able to raised millions of money from the market easily. that proves that if the intention to invest in the project is hardly getting affected by the market trend.

And if I may add, if the fundraising is done by known platforms like Binance, people are stilly buying because they have the hope that the project will take off. So if you want a lil bit of assurance, go to top launchpads and also study the project itself. You should not listen to the fud but you also need to do your own homework, learn the foundation of the project, their goals and plans.
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