In crypto, you would have heard of many stories about how a once great platform/protocol went down badly and ceased to exist. Many riches to rags stories of founders/products.
But do you know about @TheArenaApp ?
Almost 2 years ago, they were hacked and all their TVL was wiped out. Everyone (including me) thought it was all over for the platform. A bank run was happening there and everyone tried to pull out their money. Then one day a guy named Jason (@jasonmdesimone) took over and became CEO. In terms of Sofi, Arena wasn't even in the top 10 after the hack. Slow and steady, he built everything back again. Be it financial aspects, community, or security. Now, Arena is the ONLY SocialFi platform out there. All its competitors are done and dusted. They have a TVL of 9.41M in social tokens and their DEX is doing crazy volume on Avax. Almost every runner on AVAX is being minted on Arena.
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