Mawari.io is developing the Mawari Network, a metaverse content delivery system and Web3 project that breaks the delivery bottleneck for Metaverse content to mobile devices. It is a distributed, revenue-sharing, content delivery and rendering network powered by existing, underutilized computing and network resources. It is blockchain-enabled to programmatically scale and manage service quality.

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Total raised in USD value and total number of IDO/ICO/IEOs by month

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Market sentiment is very bearish, many assets may be undervalued.

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Crypto Oasis co-founder Saqr Ereiqat said the current situation would separate the “truly innovative ventures” from others.

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Execs remain positive on long-term prospects amid VC funding downturn