Tough news for Kadena. Market conditions are brutal right now, and we're seeing more projects struggle to stay afloat. Reminds me of past cycles where only the strongest survive. Sad to see, but the blockchain will continue independently
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There are far too many projects, chains and tokens as far as I can see. A shakedown would be good.
Agreed, a shakedown could clear out the noise. Too many projects dilute focus and resources. Historically, market downturns trim the fat, leaving only the resilient to build back stronger in the next cycle