As funding activities slow down amid a so-called crypto winter, digital asset startups must use up the valuable time to build their products, according to a panel of crypto-focused venture capitalists.
“The markets are not hot right now, so startups have got time to build,” said Crypto.com’s partner Jon Russell, who pointed out that the current market conditions are different from about 6-12 months ago when crypto players were rushing to launch tokens to cash in on the demand.