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Classics Against Innovations: Can Venture Success Rate Be Outraced by Crypto?

Written by Polymath | Jan 25, 2023 11:32:43 AM

This Cointelegraph article compares venture success rate with crypto success rate. The article notes that while venture capital has been around for decades and has a proven track record of success, the crypto industry is relatively new and still finding its footing. The article highlights that venture capital has a success rate of around 10-20% while the success rate of crypto projects is not clear. However, the article suggests that crypto projects have the potential to outrun venture capital in terms of success rate due to the global reach, 24/7 trading and low barriers to entry. Additionally, the article points out the benefits of tokenization, which can democratize access to investment opportunities, increase liquidity and reduce costs.

Classics Against Innovations: Can Venture Success Rate Be Outraced by Crypto?