The guidance for crypto startups might be to fold and return investor money. There are a few ideas which seem "interesting" such as enterprise blockchains for

The guidance for crypto startups might be to fold and return investor money. There are a few ideas which seem "interesting" such as enterprise blockchains for bank accounting, or smart contracts for inter-bank contracts. These help large financial institutions prove to auditors that they met their contractual obligations and no funny business happened. BTC will probably stabilize as a tradeable store of value as a hedge against "unfriendly" governments. But there is a huge sea of blockchain startups which are trading alt-coins, or providing trading analytics software/exchanges for alt-coins, or simply making coins which have vague differentiators, or whatever web3 is supposed to be. I suspect that any crypto company that doesn't have a specific use case that customers pay for will struggle for the next few years.