26,000 blockchain projects launched in 2016, 92 percent are now dead

in #cryptocurrency7 years ago

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"Over 26,000 new Blockchain technology-based projects were launched on GitHub in 2016,,of which 92% are now dead."-Coin Telegraph
"The stark reality of open-source projects is that most are abandoned or do not achieve meaningful scale. Unfortunately, Blockchain is not immune to this reality. Our analysis found that only eight percent of projects are active, which we define as being updated at least once in the last six months." -Deleoitt
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