ZeroStack Sounds Alarm as Web3 Project Shutdowns Reach Crisis Point

ZeroStack has issued a warning about its survival risk after posting an $82.5M loss and deep 0G valuation hit.

The company's financial struggles come as it faces intense competition in the Web3 space, where at least 17 relevant projects have shut down their operations this year, accumulating $8.9 billion in funding that failed to generate impact.

Odos, a decentralized token swap aggregator, also recently announced its permanent shutdown by July 30, 2026, while MVMT Labs, the development firm behind the Layer 2 Movement network, has filed for Chapter 11 bankruptcy protection due to market turmoil and the MOVE token scandal.