Proof of Failure is an innovative platform designed to study the forensic database of failed Web3 startups, built to document how large-scale crypto projects collapsed — and why.
The platform analyzes projects with $100M+ in documented losses, offering structured postmortems that help builders, researchers, and investors study failure before starting something new.
Each project entry includes:
A full factual timeline of what happened
The primary causes of failure (technical, economic, governance, or fraud)
Key individuals and entities involved
Lessons learned for future builders
Tags and categories for deeper analysis
Live updates on failed projects
Phoenix Protocol for project resurrection
Community-driven submissions and feedback
Comprehensive statistics on lost capital and project status
Projects are sorted by loss amount, allowing users to understand the true scale and patterns of Web3 failures over time.
In addition, Proof of Failure curates special research sections highlighting:
High-impact fraud and governance breakdowns
Notable rug pulls and rapid collapses
Cultural and behavioral patterns in speculative markets
The mission:
To build a community-driven research platform where founders study real failure data before shipping ideas, turning collapse into foresight, not repetition.
Before Proof of Work, study Proof of Failure.
This tool is essential for developers, investors, and enthusiasts looking to understand the pitfalls of the crypto world and leverage these insights for future success.
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