Why Blockchain Startups Fail

It's no secret that starting and successfully launching a blockchain project is hard.

While blockchain technology has continued to mature over the past two years, the fact remains that too many blockchain projects are falling flat.

Last year alone, venture capital funding for blockchain projects topped $1.3 billion.

The space is flush with cash, but the real problem is that the VC model for blockchain projects is fundamentally broken.

Blockchain has the potential to change the world, and there is no shortage of entrepreneurs and startups with the vision to move the industry forward.

Many blockchain startups fail because they simply take too long to build.

Blockchain technology is constantly evolving, and if startups aren't building fast, they won't be able to keep up.

Where do we go from here?While I've laid out several reasons why blockchain startups fail, I'm not naive - I know that many deserve to do so due to a faulty vision or poor execution.

There are projects, individuals and emerging leaders throughout the blockchain ecosystem that have the ideas to push our industry forward.

MouseBelt is an ecosystem that promotes blockchain innovation by supporting hands-on development for the projects, individuals and emerging leaders that are pushing the industry forward.