In crypto and Web3, the funding landscape has become brutally binary—you're either bootstrapping as a pre-seed scrappy team racing to product-market fit, or you've already crossed into unicorn territory with massive valuations and institutional backing.

There's virtually no comfortable middle ground anymore. The gap between early-stage founders grinding it out and well-funded projects has widened dramatically. Mid-stage companies without explosive growth metrics struggle to attract capital in today's market.

So which path are you on?