You based a business on assumptions...it is not a ''wrong audience'' problem, but rather you not doing what was required first : market research. Don't assume, check. In my opinion you did targeted the right audience, but with the wrong approach...
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The real question here is: ‘Does my start-up HAVE a Market?’
If it does, pivot and profit.
If it does not, pull up stakes and start prospecting again.
Good Luck.
You're at a crossroads with your project, figuring out if pivoting to a new audience – the web2/web3 mix – is the way to go. Just double-check that you have the resources, like time and money, to take this new path. Raising 80k is no small feat; it shows there's interest in what you're doing. Now comes the big decision. If you're still pumped about the idea and think this new crowd could be the right fit, why not give it another shot? But, if it's starting to feel like a bit too much, or your heart's not in it, maybe it's time to call it a day. Whatever you decide, the experience you've gained is gold for whatever you tackle next. It's all about whether you're up for round two or ready to explore new adventures. There are also a lot of entrepreneurs who failed before their success. https://www.cuppa.so/post/famous-entrepreneurs-who-failed-before-success