Why We'll See More New Types of Web3 Apps in the Next Year
Tom Tunguz
AUGUST 29, 2022
Since then, the fourth crypto winter has dropped snow atop web3, but the revenue decline isn’t equal across web3 software. NFT marketplace revenue collapsed 62% since the beginning of this year. This chart shows the decline in monthly revenue from January to August. Decentralized exchanges (DEX) revenue has fallen 10%.
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