How many crypto projects have failed?

1. Ethereum’s DAO . The Decentralized Autonomous Organization crypto’s failure is probably the most historic because people had such great expectations about it. The DAO came into existence in 2016 and immediately reverberated across the market.

“Crypto projects tend to fail when they don’t gain any traction or build a strong community following . Even weak crypto projects can survive when they are able to build a loyal community following.30 Kas 2021

There are over a thousand cryptocurrencies that have failed in the market. The majority of people can attest to the popularity that the digitized currency has brought.