BREAKDOWN: Why Crypto Fundraising Could Be in for a Painful Winter

Plus an argument to take another look at ICOs.

On this week’s “Long Reads Sunday,” NLW reads:

“The Narrative Problems With Crypto VC” – Regan Bozman

“What’s Holding DAOs Back” – Scott Fitsimones 

“Initial Coin Offerings Deserve a Rethink” – Don Phan 

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Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.

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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: cmannphoto/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

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