# Article Overview: Reviving CoinList - Strategies for Market Recovery and Platform Evolution
CoinList, founded by Naval Ravikant and Juan Benet, emerged as a premier blockchain crowdfunding platform delivering legendary returns during the 2020-2021 bull market, with projects like Solana achieving 1,180x gains. This comprehensive guide examines CoinList's transformation from a wealth-creation platform to navigating present market challenges, analyzing why projects launched post-2021 underperform despite strong institutional backing. Addressing investors, blockchain enthusiasts, and project founders, the article deconstructs CoinList's two-segment business model, strict KYC compliance framework, and performance divergence across market cycles. Through detailed case studies spanning Solana, NEAR, and FLOW's exceptional returns against NYM, Axelar, and Galxe's disappointing trajectories, readers gain strategic insights into project selection, market timing dynamics, and platform evolution. Discover how CoinList