Crypto Companies Layoff List

in #coingecko6 years ago

This crypto winter has affected everyone in the crypto-space, more so the companies that are built on the industry. Over the past months, we've heard many news of startups and companies firing staffs for various reasons. And of course we have the recent 70% employee layoff on Steemit.inc. Throwing most of the updates we've been antipicating months even years down the line.

@coingecko is now tracking all the crypto companies and projects that underwent layoffs or has totally shutdown.

If there's any information you know that is not included in the list, please feel free to add it in!

You can it on the public spreadsheet here at:

https://docs.google.com/spreadsheets/d/1bcaz20V9K_VRF4fUn4-ZrjTpN58tkoA9VaXp_zZB02Y/edit?usp=sharing

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Very interesting statistics. The winter is going to cause much more pain to ICOs projects, especially those that didn't manage their funds prudently during the boom

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In hindsight, the crypto hubris was indeed a dangerous thing. Thinking bitcoin and ETH (especially ETH since that's how most ICO probably got funded) won't drop was the downfall of most companies.

Well, at least there's Stablecoins now.

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It is not always easy when the income is not coming.

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Crypto is a nascent industry. No doubt about that. There will always be bloody guttings of staffs like these as time goes by.

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