Dapp Industry Report Q2 – NFTs and Web3 games keep enduring market conditions as shockwaves from the Terra collapse reach CeFi and VCs.

The collapse of Terra and the insolvency issues of BlockFi, Celsius, and 3AC highlight the importance of self-custody.

The blockchain industry is experiencing one of its most challenging periods amid the Terra debacle and the compromised situations by important CeFi and VC actors. Nonetheless, NFTs and Games paint a bright future for the dapp industry.