I’ve said this before and I stand by it: great companies are built during downturns. 💫
The crypto market may seem chaotic now but this isn’t the first time this market has seen turmoil. Market fluctuations (and even crashes) can happen to all asset classes. Remember the mortgage meltdown and stock market crash of 2008? Exactly.
This is not to minimize the fallout from the FTX collapse, which I’ve previously discussed (here). There are real problems facing the industry. As I previously wrote: “the industry needs increased security, transparency, and oversight.”
I believe that, like the previous crypto winter in 2018-2020, the industry will eventually rebound. And just like in any bear market, these downturns weed out companies with poor value propositions and bad execution, while clearing a path for innovative and resilient startups to sprout up and establish themselves.
Now, more than ever, the industry needs infrastructure to promote safety and security — which is what TransitNet's proof-of-ownership technology aims to provide.
We have the opportunity to be part of the solution. Let’s build a safe and reliable future for crypto!
🚨 Be part of a much-needed solution. Invest or increase your investment now before we close later this week! 🚨
Visit our profile page: ➡️ https://wefunder.com/transitnet
