As the bear market drones on, many crypto world builders are disillusioned and unsure of their place in the industry. It's easy to get caught up in the excitement and hype of a bull market, believing that your project will change the world for the better and bring about societal growth. But when the bear arrives, it can be a harsh reality check.
Many founders question whether their project or even crypto as a whole, will ever truly contribute to societal growth. It's a tough pill to swallow, especially for those who raised funding at sky-high valuations for the latest "NFT project." Most projects will likely fail in this bear market as builders lose motivation, get bored, or don't have the discipline to weather the storm.
But the rewards could be tremendous for those few builders who can stick it out. Not only will they likely see financial gain in the next bull market, but they also have the opportunity to make a real impact on society. During a bear market, we can truly focus on building without any distractions. So, don't give up if you believe in your project and have found a meaningful problem to solve. Rally your squad, put your head down, and keep building. That's the attitude that will see you through the bear market and on to success in the future.