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You're entering a crowded space. The "Swamp" category, which describes your idea, is characterized by numerous mediocre solutions that fail to resonate with users. While the existence of 4 similar products suggests some market validation, it also signals increased competition. With low engagement (average of 0 comments) across these similar products, it's clear that current solutions aren't sparking much excitement. There isn't much use signal or buy signal across these similar products. Launching yet another funding round aggregator without a unique angle could lead to your product getting lost in the noise. The prevailing advice is to avoid building in this category unless you can offer something drastically different. Focus on identifying unmet needs or a niche audience within the crypto funding space.

Recommendations

1. Conduct thorough research to understand why existing crypto project funding round aggregation platforms haven't achieved significant traction. Identify their shortcomings in terms of user experience, data accuracy, or community engagement. Understand the reasons behind their lack of engagement or use. This will help you pinpoint opportunities for differentiation.
2. Instead of broadly targeting all crypto projects, narrow your focus to a specific niche or underserved segment. For example, you could specialize in DeFi projects, NFT initiatives, or projects focused on specific blockchain ecosystems (e.g., Solana, Avalanche). This will allow you to tailor your platform's features and marketing efforts to a more receptive audience.
3. Rather than building a standalone platform, explore the possibility of creating tools or integrations that enhance existing funding platforms. For example, you could develop a Chrome extension that provides additional data and analytics on funding rounds directly within platforms like CoinList or Seedify. The comment on Cloudfunder asking about payment processors indicates this is a pain point.
4. Consider focusing on adjacent problems within the crypto funding ecosystem that may present more promising opportunities. This could include developing tools for due diligence, compliance, or community management. Instead of building a direct competitor to existing platforms, you can offer complementary services that improve the overall fundraising process.
5. Before investing significant time and resources into building this platform, conduct extensive market research to validate your assumptions and assess the potential demand for your solution. Interview potential users, analyze competitor offerings, and conduct surveys to gather feedback on your proposed features and value proposition.

Questions

1. What specific pain points are you addressing for crypto project founders or investors that are not adequately addressed by existing funding round aggregation platforms?
2. How will you differentiate your platform from competitors in terms of user experience, data accuracy, and community engagement to drive adoption and retention?
3. What is your plan for acquiring initial users and building a critical mass of projects and investors on your platform, given the existing competition and low engagement in the category?