The good thing with the bear market is that it's killing the version of crypto that probably deserves to die.

If you think about it, we still call them "projects" instead of businesses.
Teams raise millions without a single dollar of revenue and nobody really cares. Whitepapers get funded, fancy ideas get funded, and the actual product never leaves the whitepaper.
What survives this cycle is going to have to look a lot more like a real company and a lot less like a pitch deck with a token attached.
The space has needed this for a long time. Funny how the bear market is the most honest thing that's happened to crypto in years.