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WHY A BEAR MARKET CAN BE GOOD FOR CRYPTO START-UPS | chiliZ
by Emma Diskin, Chief Marketing and Communications Officer Over the last 12 months, we have witnessed myriad advancements in the world of blockchain — new legislation, the introduction of regulation, the creation of blockchain hubs and above all, a tangible vision for the future. The going has been pretty good for the last few years, with plenty of questionable ICO projects filling their boots and then walking off into the sunset. However, this kind of activity has led to continued scepticism and lack of confidence. The value of cryptocurrencies has been in free fall for a number of months, the headlines are gloomy, and bull runs seem to be a thing of the past. Moreover, as different regulators across the world clamp down, hype is dampened; big dreams crash and FUD just increases. But is a bear market necessarily a bad thing or can blockchain start-ups benefit from this market slowdown? Firstly, weak or poorly-run projects chasing easy cash are more likely to fail in a bear market,