Millions are still been raised in this bear market

[Pterosaur]

Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.

[jossiel]

Bear market is here but new NFT/Metaverse projects are raising millions of funds,

What are those projects that have raised millions despite that there's a little confidence these days for the NFT projects?

I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.

If this is for real, it's not really a bad news as these projects have been gathering millions despite that the interest is little today. The next bull run will surely be bigger than the last time and that's why we're all waiting for it.

But, not yet the time to see it. Maybe we need to wait for a year or two.

[zasad@]

There are projects that receive initial investment from funds. Funds are gearing up for another bull run.
I prefer to invest in platforms for NFT projects because it is safer. But I'm still waiting for the price to drop because the bottom can't last that short.

[5W-KILO]

There are projects that receive initial investment from funds. Funds are gearing up for another bull run.
I prefer to invest in platforms for NFT projects because it is safer. But I'm still waiting for the price to drop because the bottom can't last that short.

You still believe that price will dump? I'm not willing to take that chance and if it happens I will have to buy more, I am prepared for both ways, the truth is in the past bear market many projects are born, I remember polkadot, harmony and few others listed on binance exchange and it looks like they will never grow, that includes Matic as well, look what happen.

[Outhue]

Millions are always raised every year this isn't new, also it doesn't mean that 10k per Bitcoin is impossible, these new projects that raised higher funds are just another day another time opportunity to make money if you are smart, they are just preparing for the next bull season.

[X-ray]

Bunch of new projects can still raise a lot of money especially some projects that cooperated with the centralized exchange site. https://icodrops.com/

You must also aware that if during the bear market as long as investors are getting hyped and they will always invest in a project. Basically that's a fundraising and the investors can also invest small amounts of money but the quantitiy become so much that makes the project able to raised millions of money from the market easily. that proves that if the intention to invest in the project is hardly getting affected by the market trend.

[tippytoes]

Bunch of new projects can still raise a lot of money especially some projects that cooperated with the centralized exchange site. https://icodrops.com/

You must also aware that if during the bear market as long as investors are getting hyped and they will always invest in a project. Basically that's a fundraising and the investors can also invest small amounts of money but the quantitiy become so much that makes the project able to raised millions of money from the market easily. that proves that if the intention to invest in the project is hardly getting affected by the market trend.

And if I may add, if the fundraising is done by known platforms like Binance, people are stilly buying because they have the hope that the project will take off. So if you want a lil bit of assurance, go to top launchpads and also study the project itself. You should not listen to the fud but you also need to do your own homework, learn the foundation of the project, their goals and plans.

[Silberman]

Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.

How many of those  projects will survive until the next bull run? How much of that money is going to be stolen by developers that just wanted to scam people out of their money? How many people will never see that money again? Those are way more important questions than the fact that some projects are still raising millions of dollars on investments, so while some may think that it is a good thing that those projects are still getting some funding I do not think that is something good at all.

[makishart]

Im still participating in several funding for some new projects but i can't even understand why there are some people who underestimate the crypto investors like said crypto investors are not going to invest in the new project caused by they feel worry with the market. that's not true.
This time legit investors are looking only for legit project and that makes investors became very very selective these days. it doesn't mean they are feeling worry about crypto trend but the bad trend must make investors to be cautious with their money.

[Wexnident]

And I don't think there's something wrong with that. A lot of people in the industry are investors, after all, I don't think the market being bearish would affect their decision to invest in projects they deem to be interesting or would generate profit, projects would still develop properly regardless of the market after all. Additionally, a lot of the profits come from the initial release of the projects, so early investors can generate way more than they invested across multiple investments if done properly. So it's kind of like one win offsets the losses of the rest kind of thing.

[malcovi2]

Im still participating in several funding for some new projects but i can't even understand why there are some people who underestimate the crypto investors like said crypto investors are not going to invest in the new project caused by they feel worry with the market. that's not true.
This time legit investors are looking only for legit project and that makes investors became very very selective these days. it doesn't mean they are feeling worry about crypto trend but the bad trend must make investors to be cautious with their money.

but there are still very clever scam projects though, I've seen them and still trying to look like they are working on it but in reality its just a few seconds of a video game maker.

[dansus021]

venture capital will keep fund project till ran out cash and dry.
and yes many of them also worried about this current bear market with minus returns or even zero returns but i hope this bear will end

[Farma]

Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.

well, that's great news than the FUD circulating for dropping crypto. even, during a bear market, there are still many who see crypto as a profitable type of investment. In fact, I feel that when the price drops in a bear market, a lot of investors enter the crypto world looking for a viable investment. So, we see that even when there is a bear market, investors are still flocking to invest there.

[kaseygriffin]

The bear market is a way of testing if the previous hyped projects can survive, but I'm still skeptical about what the OP is saying about fundraising. The way the NFT/metaverse project has gone through doesn't leave too much of an impression with copied products and hype with different teams. I think the market is changing day by day and trends are going to kick in again to entice new investors.

[danherbias07]

I've seen millions of dollars invested in NFT games last year but I don't know now. Maybe there are a few if it's worth the price.
The strategy was they won't let players go in unless they buy an initial NFT and that is where the start of the fund being raised comes.

Is it a good sign? No. It's pretty clear that unless the top cryptocurrencies are pumping there won't be one with altcoins. Or less.
A good sign will be if they are using Bitcoin, Ethereum, and BNB as means of buying NFT or buying their tokens before they can exchange them for NFT.

[Minecache]

Im still participating in several funding for some new projects but i can't even understand why there are some people who underestimate the crypto investors like said crypto investors are not going to invest in the new project caused by they feel worry with the market. that's not true.
This time legit investors are looking only for legit project and that makes investors became very very selective these days. it doesn't mean they are feeling worry about crypto trend but the bad trend must make investors to be cautious with their money.

New projects may have hundreds of times the potential and opportunity to return profits, but the risk will be higher than those that have been proven and verified by the community. Investing in new projects is not bad but for newbies it is not recommended, if you have the ability to do your own research and have abundant capital, accept risks, there is no reason why you should not invest in a new project. But for newbies, this should be limited because the risk is too high, you know the new project has no guarantee of success.

[shinratensei_]

The bear market is a way of testing if the previous hyped projects can survive, but I'm still skeptical about what the OP is saying about fundraising.

If you are feeling skeptical and why don't you check it directly rather than try to assume if the trend was not going like what OP said above? this will far better rather than try to not believe with others said. It's better if you are checking it directly. So many projects are still able raising the funds for the development purpose. You will find bunch of new projects that were able to do that. By the way this trend was also happening since a few years ago.

[Kemarit]

Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.

Of course, we wouldn't be excited for the future's bull run? There are a lot of speculation at least that bitcoin might hit 6 digit figures in 2024-2025.

As for the NFT/Metaverse, it's the latest hype so what do you expect? Maybe there are investors that is willing to pour their money on this projects and as you have said, millions of funds are being raised. So we will see if they can continue in the next couple of years and still be standing in the next cycle.

[Johnyz]

Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.

The market doesn't stop from growing even on a bear market, we should not be discourage to invest instead take this time to look for a new opportunity to invest and of course to go for the best option where you can think you can benefit from it. There's a lot of new good projects, they are able to raise funds because they are a good project, I think this is not the end yet for the NFTs, they are still new and still have the chance to rise again especially when bull market begins.

[Reid]

Until now they are in the trend, that's why.
It will take more time before it all calm down. Possibly, this are the NFT projects that was expensive before but became cheaper and investors are taking advantage of it.
Just one push back up and it will be a sure profit for them. There are gems in the NFT market and I think the social media is also helping to raise such amounts.