Indeed, security is an extremely important factor... I have seen some projects that were thriving and doing very well until their portfolios were emptied due to a security breach and this not only sank the project but also caused losses for many investors.
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I wonder why so many cases like this happen on Web3. Security should be the main concern, after all, when broken, it ruins a company's reputation, no matter how promising it may be.
Definitely, this is something that project founder's need to work on, especially when to promoting crypto or implementing it importance among individual.
Also I think user's needs to be enlightened on how to keep their wallet safe to avoid being breached too.
Yeah, security should be the first thing that every web3 founder should consider to implement in the project he/she is coming up. Once your system is broken into by these hackers, your audience tend to lose interest in the project forever.
You're right! Security has been a major concern in the crypto space, with regular hacks and scams rocking the industry every other month.