2026-01-14 11:24:49

At a key point of market warming, someone compiled a list of "Blockchain Projects That Might Close by 2026," sparking much discussion.

The total funding for the projects on this list approaches $3 billion— including S-level projects like BuildOnBeam, Somnia Network, ZetaChain, EclipseFND, Mode Network, as well as A-level contenders such as Initia, ApeChain, Fuel Network, Taiko, Manta Network.

The question is: with so much funding coming in, where did the money ultimately go? Was it the sunk cost of technological iteration, or a black hole of ecosystem operation? During this market recovery, many investors are beginning to reflect on the current state of early-funded projects—some have become leading infrastructure, while others are gradually marginalized amid fierce competition. This also reminds us that a large funding scale does not necessarily equate to long-term survival strength.

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DegenWhisperer

· 7h ago

$3 billion just vanished into thin air, truly impressive. Is raising funds the only way to survive? That's a joke; some projects are just money-burning machines. Taiko and Fuel can still hold on, but the others... haha. I want to know where the money went; using technical costs as an excuse is worn out. Instead of fundraising, why not develop some real products? Looking at this list, I feel a bit numb; it's not fresh anymore. The ecological black hole definitely exists; anyone can see that. When it really shuts down in 2026, I'll come back and see you cry. Even S-class projects are not foolproof? Then what should I do with my small coins?

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BoredStaker

· 7h ago

3 billion USD just gone? Feels like watching a high-stakes gamble. Raising more money ≠ lasting longer. That hits too close to home. Taiko can still hold on, but some projects do seem to have lost their edge. Who ate up all the money? I wouldn't believe it if I told you. This round of reshuffling will probably wipe out a bunch; serves them right.

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SchroedingerMiner

· 7h ago

$3 billion poured in, and then it becomes a shutdown list... This script is too heartbreaking. Why didn't the big financiers see this coming? Technical prowess doesn't guarantee longevity; the ecosystem is the key. This round is about to cut another wave of leeks. Are all these S-level projects like BuildOnBeam on the list? Ridiculous. All the money was probably eaten up by operations; to put it bluntly, it's a money-burning game. Early all-in investors must be feeling pretty bad now, haha. Strong fundraising ability does not equal strong survival ability; this lesson must be remembered. Just another "Dream Building Conference," in the end, all illusions. With such fierce competition, the small ones are bound to be eliminated. $3 billion, is it really gone just like that?

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FortuneTeller42

· 7h ago

3 billion USD wasted, really incredible, feels like most of it was burned on marketing and team salaries --- This is the truth of the crypto world, large funding ≠ long survival, it all seems superficial --- How come Taiko, Manta, and others are also on the blacklist? Can't be serious, is there an insider story? --- Where's the money? My money? Early FOMO investors are all crying --- Raising more funds actually leads to faster death, this rule is really accurate --- Do people still believe those funding news? Funding doesn't equal product strength --- Even A-grade projects might shut down? Then my small coins are... never mind, I don't want to think about it --- The problem is no one is truly building products, everyone is just storytelling and raising money --- Damn, is this list real? I need to check if the projects I invested in are on it

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MEVVictimAlliance

· 7h ago

3 billion USD wasted, this is the reality of Web3 Major funding players might not make it past 2026, lol, what does that say about everyone? All the money has gone to feed dogs, what else can we do? S-level projects might shut down? What should we retail investors do then? Really, more funding often signals trouble. Just look at who’s still around now. I’ve saved this list, do a reverse operation. Funding ≠ strength, this is a textbook example of the opposite.

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