CandleFocus Alliance accelerator: DAO and NFT are out, DeFi is in for crypto startups in 2024
2024-10-23
Author: Content Editor
The crypto startup trends for the first half of 2024 are shifting, with DAO and NFT projects on the decline and a focus on infrastructure and DeFi. Ethereum is still the dominant ecosystem for startups, followed by Solana and Bitcoin. Ethereum-based startups are building on L2 chains like Optimism, Arbitrum, and Base. The origin of startups is also shifting, with Europe leading in applications to the Alliance accelerator. The expansion of stablecoin usage is allowing startups to develop globally. Bitcoin is trying to catch up as a building platform, and the crypto AI narrative may have peaked. DeFi and payment systems remain popular themes for startups.
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