FireDAO is a social DAO project based on PID and FID soul-bound accounts, and it's initiated and established by the RainbowCity Foundation. I'm one of the project team member and would like to gather more ideas from everyone in Bitcointalk forum.
I've seen alot of projects did so well during the bull market, but now I'm wondering is bear market will affect the progress of a new project...
The fact that you have doubts about launching it in a bear market, may just be a hunch inside you. Investors are moving out of crypto to wait for the right time again to come back. This time however it seem like the market had bottomed. If this is what you also believed maybe it's not so much of a bad idea anymore since investors are also looking for GEMS.
first and foremost, what are their goals for this project? do they have enough funds to keep the ball rolling in terms of development? or are they waiting for crowdsourcing activities to finance this project? if they believe their platform is valuable in this market and they can get clients to use their platform, then they can push thru this project. as part of the team, you should feel how this project will perform given the seemingly bearish season. it means, there's waiting time for the team before they can see if this project will move forward. but don't rely from crowdsourcing activities to fund this project.