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Topic of the day
Crypto startups 2024
This year impressed me a a lot of projects like LayerZero, Scroll, and Worldcoin standing out. LayerZero impressed by solving interoperability challenges, Scroll advanced Ethereum scalability with zkEVM, and Worldcoin aimed for global financial inclusion using biometrics. Trusting new crypto startups depends on due diligence, as while some bring transformative solutions, others are risky ventures with potential pitfalls. I evaluate startups based on their team’s expertise, the real-world utility of their project, technological innovation, and the strength of their community. Partnerships with reputable firms and sound tokenomics are also key indicators of credibility. Security audits and regulatory compliance further build trust. However, adaptability is essential, as startups must navigate rapidly evolving .strong vision, combined with clear solutions to existing problems, often sets successful projects apart.
@tylerfoust.eth
@3irka.eth
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