Bears abound, but none in sight at Denver’s crypto fest

It was hard to tell at first from EthDenver — the biggest Ethereum developer conference in the world — that we’re in a bear market. The conference earlier this month attracted some 20,000 attendees to Denver, where hundreds of side events and impromptu meetups crowded trendy bars and restaurants day and night.
The sector has certainly slowed down: In 2022, the crypto market lost as much as $2 trillion. But if you stopped to talk to any investor or founder, it became clear that many entrepreneurs and investors believe the market downturn is constructive to the long-term health of the web3

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