The crypto markets may still be deep in the grips of the bears, but execs from Pantera Capital believes there's far more upside for blockchain-startups than in previous cycles.
"In our experience, bear markets typically represent a time where there is less noise and distraction from building."
The general partner said he has also observed volume shifting toward highly-regulated exchanges and DeFi-based decentralized exchanges as people try to protect their assets from bad actors, which could inspire the next generation to enter the crypto space. Meanwhile, Dan Morehead, the CEO of Pantera Capital, expressed a similar bullish view toward the crypto space, arguing:According to Morehead, since 2017, developer infrastructure, which was"Practically non-existent back then," has improved dramatically.
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