Proof of Failure – Forensic database of failed Web3 startups

Summary: Proof of Failure is a community-driven platform documenting the collapse of major crypto projects, analyzing causes and key figures. It provides a real-time database of 146 failed startups and $258.4 billion in lost capital, offering detailed failure data to inform developers, investors, and enthusiasts.

What it does

It catalogs failed Web3 projects with entries detailing what happened, causes of failure, involved individuals, and lessons learned. The platform includes a Hall of Shame ranking major collapses and a Phoenix Zone highlighting ideas worth revisiting.

Who it's for

Developers, investors, and crypto enthusiasts seeking to understand past failures and avoid repeating mistakes.

Why it matters

It addresses the recurring loss of capital and repeated errors in crypto by providing transparent failure analysis to guide future projects.