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...
as far as i know, during a bear market, a lot of people hold their assets. some people try to take advantage of the moment that occurs, such as buying coins at a low price or trying to go short. So, when trying to launch a new project, chances are that not too many investors will come in, because there is a lot of FUD going on, given the fact that market conditions are down. in addition, launched coins can have very low prices. most likely the price can make the launch of a new project fail. this is my view. mostly I also see that new projects will be launched when the market has started to recover or go up.