We Asked 66 Startups Just How Bad This Crypto Winter Has Been

Boost committed to investing in 100 crypto companies back in 2014 and successfully reached that goal last year.

In short, the prevailing wisdom is companies should build for crypto without exposing their payroll and rent money to its volatility.

Trevor Koverko of security token firm Polymath told CoinDesk that his company went in with a good treasury-management plan and he's been happy with the results.

One investor, Meltem Demirors, chief strategy officer at CoinShares, hopes market forces will rally to save the best parts of faltering companies.

Several companies still standing tell CoinDesk the time has come to cut back on more outward-looking expenses.

Some companies used the power of smart contracts to give their ICO backers more power, but that cost them in flexibility during a bear market.

"We have several raises still ongoing and expect our clients collectively to raise more than $1 billion in 2019," Stacy Orff-Whitfield, the company's head of marketing, told CoinDesk.

Harmony COO Nicolas Burtey said his company faced the quandary of when to start pushing for token listings.

Random Crypto, a mining company headed by Josh Metnick, is expanding quickly.

Coinmine, the company aiming to bring back home mining, gave CoinDesk a similar assessment.