The Evolution of Blockchain Startups: From Chaos to Maturity

Working with blockchain projects at FreeBlock since 2019, I've observed an interesting trend in the market. The number of new startups has noticeably decreased compared to the days when the market was overheated. However, the projects that do emerge today often appear more mature and well-thought-out.

From Quick Money to Real Value

In the past, many startups were built around the idea of quick riches: "let's make a token, raise money fast, and figure it out later." However, such approaches have almost stopped working. The "crypto winter" weeded out the casual participants and projects without real ideas, leaving only those who understand that success requires a product with clear value and a solid economy.

Market Changes

According to Galaxy, financial investments in crypto and blockchain projects began to return in 2025, but the number of deals remains significantly lower than the levels seen in 2021-2022. The market is no longer as widespread and chaotic as it once was.

A New Focus on Real Applications

• Demand for stablecoins and payment solutions
• Tokenization of real assets
• Infrastructure development

Today, blockchain aims to become part of real-world processes, not just a means for profit.

Conclusion

My conclusion is simple: the blockchain market hasn't become easier, it's become more mature. Despite the reduction in the number of projects, those who embark on development do so not for the sake of a "token," but to create a product that makes sense and can withstand the test of time.