The brand new startups have raised hundreds of thousands of {dollars}, which once more may sound like chump change from a crypto perspective, however was “unthinkable till a couple of yr in the past,” mentioned Tim Galebach, founding father of Uqbar Community, one of many newer gamers on the scene. The variety of builders within the ecosystem is now within the “low a whole lot,” Galebach estimated, up from dozens a yr in the past and “lower than a dozen, if that” in mid-2020.