Several notable Web3 projects have recently faced significant challenges and exits from the market. Kaito, Xeet, Cookie, and Wallchain represent a wave of platforms that struggled to maintain momentum in the competitive crypto ecosystem. These projects, which once garnered attention and community interest, have now faded or ceased operations—a stark reminder of the volatility and survival pressures within the Web3 space. The attrition reflects broader market dynamics: not every blockchain project can sustain long-term viability despite initial hype. As the industry matures, only protocols and platforms with robust fundamentals, real utility, and consistent user engagement tend to survive the bear cycles and competitive pressures.