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...
with market conditions that are experiencing bearish, we can be sure that the project will experience setbacks, this is caused by a lack of investors participating in it. Isn't it when the project is launched they want many investors to contribute with it? But if the market conditions are bearish how will investors do it while their estimated assets are decreasing. because of this I think launching a project during a bearish market will greatly affect the progress of the project.