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...
Tough time don't last, only tough people do, that is what define any coin that survive Bear market. One of the reasons why teams prefer to launch projects during bull runs is that it is so simple to raise money from investors, whereas in a bear market, it is challenging to raise $100k from investors, even when you have a good representation of projects to show investors. However, this has the drawback that these projects often fail because investors want to sell and take their profits, which causes them to fail quickly. Those that appreciate the initiative, however, will stick onto their coins during a bear market and won't sell until another bull run.