There is a lot of confusion in the market.

There is enough going on that it will take us a moment to unpack the situation this morning, but leading indicators of sentiment in the block chain are so bad that we need to start from the beginning.

The last week has seen the three token fall in value.

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The biggest driver of concern this morning seems to be a crisis at Celsius Networks, which raised a huge chunk of venture capital last year.

Even though there is no money flowing in the startup world, some ideas are still raising big checks. Is there anything going on in theBlockchain domain? From a few angles, let's look at that question.

What the heck is going on?

I have put together a list of issues that are currently tripping up the web3 market, which is inclusive of everything from Cryptocurrencies and Decentralized Finance to Non-fungible Tokens. Yes, they are.