Crypto is a crazy industry to be part of. It’s innovative, ambitious, heartbreaking, and fun. 

It never slows down. It does go up and down, though. A lot.

In this episode, @andyboyan and @buildcities talk about crypto industry cycles and how to build a business that grows in the summers and survives the winters.

A protocol for economic development.

https://www.buildcities.network/

Make trouble for the people in charge.

Building https://last.net (hiring)

The Engine is a source of alpha for builders by builders.

A show, a newsletter, and a podcast.

Here are a few tips from the chat with Angelo and Andy for anyone building in crypto:

1. Embrace the crypto market's cyclical nature. 

Understanding bull and bear dynamics will guide your fundraising, product development, and marketing.

3. Strategic patience and flexibility are key. 

You have to build your project to adapt to changes in the market and technology. 
Sometimes, it’s better to hold off committing to a specific tech to allow it to mature.

4. Decouple your business from market chaos. 

Focus on building a strong brand and product-led growth to mitigate the impact of market fluctuations.

5. Community and values transcend market cycles. 

A strong foundation builds trust, loyalty, and momentum, that are independent of the market conditions.

2. Liquidity is a double-edged sword. 

Launching a token introduces a lot of new challenges and may distract from building. The volatility it introduces can become particularly dangerous for the company's reputation in the bear market.