In crypto, you would have heard of many stories how a once a great platform/protocol went down bad and ceased to exist. Many riches to rags stories of founders/products.
But do you know of @TheArenaApp ?
Almost 2 years ago, they were hacked and all their TVL was wiped out. Everyone (including me) thought it's so over for the platform. 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 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 it's competitors are done and dusted. They have a TVL of 9.41M in social tokens and their DEX is doing crazy volumne on Avax. Almost every runner on AVAX is being minted on Arena.
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