Xiong Yu, co-president of Endless Web3 Genesis Cloud and professor at the University of Surrey in the UK, recently published the latest research results in the world's top management academic journal "Journal of Operations Management". Research reveals that up to 90% of blockchain startup projects fail, and the fundamental reason is not a technical bottleneck, but the lack of effective leadership and clear governance structure of the founders.

This research subverts the general perception in the industry that technology is the main obstacle to the development of blockchain. On the contrary, the research points out that without strong leadership and clear vision, no matter how excellent blockchain projects are, they cannot escape the fate of failure. During the five-year study, the team tracked five blockchain startups in depth, and systematically analyzed the role and styles of the founders in the decision-making process through in-depth interviews, internal file analysis and field observations.

The results show that successful teams are often led by founders with centralized decision-making capabilities, and actively absorb innovative ideas outside the blockchain to promote rapid response and continuous innovation of enterprises; while failed projects are trapped in "internal consumption-based discussions" and "closed thinking within the circle", resulting in slow progress and limited development. Professor Xiong Yu pointed out: "The success of blockchain projects depends not only on technology, but more deeply on the founder's management behavior." "Strong leadership can make an initial idea thrive into a successful enterprise, while weak governance mechanisms will fail even with the most advanced technology." He further added: "Text-align: left;" left;">"The seemingly democratic 'everyone has a say'. Without clear guidance, it will lead to chaos and delay. If the team is in debate for a long time, it will miss development opportunities."

In addition to problem diagnosis, Professor Xiong also put forward suggestions for industry reform:

"The blockchain industry requires a major change in thinking. Entrepreneurs and investors must realize that founder leadership is the core driving factor for project success. You can no longer focus on 'technology can't beBehavior’s nature should pay more attention to ‘leadership and decision-making quality’. ”

As a blockchain platform connecting cutting-edge technologies and real-life applications, Endless will actively apply the research results to help the growth and success of start-ups in the ecosystem. Professor Xiong Yu also has practical experience in academic research and entrepreneurship, providing the platform with dual support for theory and practice.

Endless will introduce the concepts of "leadership-driven" and "structured governance" proposed in this study in core services such as incubators and accelerators to provide entrepreneurs with strategic support beyond technology and help them avoid falling into common organizational management traps.

By creating an entrepreneurial ecosystem with clear strategies, decisive decision-making capabilities and cross-domain thinking, Endless is committed to promoting blockchain projects from "survival" to "success" and achieving sustainable implementation from concept to industry.

Technology + leadership is the real future of blockchain.

Endless official website: www.endless.link