• Market Cap: $1,107,542,807,196.62
  • 24h Vol: $36,803,263,263.86
  • BTC Dominance: 47.50%
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

Web3 dominates venture capital interest in blockchain industry in Q2 2022

Jon Hartney by Jon Hartney
July 18, 2022
in Bitcoin, Blockchain, Business, Market
0
Web3 dominates venture capital interest in blockchain industry in Q2 2022
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

All the deals, trends, moves and investments in Q2 2022 across the blockchain landscape are contained in the latest Cointelegraph Research report.

Related articles

X Announces Upcoming Payment Integration: Dogecoin On The List?

X Announces Upcoming Payment Integration: Dogecoin On The List?

September 21, 2023
Polygon (MATIC) Comeback Challenges – What’s Holding It Back?

Polygon (MATIC) Comeback Challenges – What’s Holding It Back?

September 21, 2023

Cointelegraph Research brings an analysis of all the deals and trends from venture capital (VC) in the blockchain industry during the second quarter of 2022.

When looking at the aggregate total amount invested into the crypto industry in the second quarter, it will tell one story. However, a deeper dive into the data tells another tale. From a high level, the $14.67 billion invested in Q2 is about flat with the $14.66 invested in Q1. But, the largest chunk of that investment was in April, before the last two months of a large slump in global markets, which made even the most bullish crypto investor admit the bear market has arrived.

The good news is that even though this did happen, funds like Andreessen Horowitz (a16z) closed a $4.5 billion crypto fund, and investment continued to flow into different sectors of the crypto industry.

Download the full report here, complete with charts and infographics.

The Cointelegraph Research Terminal has a VC database that contains comprehensive details on deals, mergers and acquisition activity, investors, crypto companies, funds and more. Using this database, Cointelegraph Research analyzes the numbers to find the important trends in the industry. The report is just an overview of the highlights of the last quarter — not everything can fit into the 12-page quarterly report.

The numbers can lie

The total dollar value of individual deals in the blockchain industry remained flat at $14.67 billion for Q2, just barely over Q1’s $14.66 billion. This can point to an inaccurate conclusion that there is no change in VC investment trends, and everything is on a massive exponential growth curve.

The slump in traditional finance (TradFi) markets has been a headwind for the crypto markets. The risk-on to risk-off change has had a surprising impact on different sectors of the crypto sphere. These downward market pressures were only exacerbated by the collapse of Terra’s stablecoin, which brought down the overall market capitalization considerably. Macroeconomic forces have impacted venture capital firms to take a slight step back and approach projects with more caution and probably less capital allocation to reduce their risk exposure in the case of backing a bad project.

The number of individual deals in the blockchain industry was over 620, up a hundred more than the previous quarter. But, the average value of each deal decreased by over 16% to $26.8 million, perhaps indicating more risk-averse behavior on the part of VC and investment firms. So, while the data shows signs of a slow down in investment inflows in the crypto space, the interest to help build the next generation of blockchain and crypto products appears to still be strong.

Web3 becomes the sector of most interest for VCs

Out of all the overarching sectors in the blockchain industry in decentralized finance (DeFi,) centralized finance (CeFi,) blockchain infrastructure, Web3 and nonfungible tokens (NFT,) DeFi was basically always king for VC capital inflows. That all changed in Q2, when Web3 garnered around 42% of all the individual deals, leaving DeFi in a far distant second at 16%. This trend was highlighted further when analyzing the most active investors, who made around 42% of all deal activity for Q2, a drop from 65% in Q1.

Seven out of the top ten most active VCs chose Web3 as the sector of choice for investment. The push for active involvement of companies to pursue becoming part of the overall concept of the Metaverse is the driving force behind this new trend. In the next report, the Cointelegraph Research team will break down the Web3 sector into its different parts to see where VC interest is headed in the space.

Metaverse investment takes the lead

The top ten deals ranged lower than in the previous quarter but also held a massive $2 billion deal with Epic Games to expand into combining sports experiences and the crypto-metaverse. The Metaverse and Web3 were a running theme in these large deals, and so was the CEO of FTX exchange, Sam Bankman-Fried, becoming something of a “lender of last resort” and providing funds for firms like BlockFi, which was negatively impacted by the recent downturn in the market.

Animoca Brands ahead in the M&A game

Mergers & acquisitions (M&A) can provide great strategic opportunities for companies, especially in times of turmoil. Animoca Brands seems to take these strategic opportunities seriously, acquiring three companies in the GameFi space and others in education and marketing.

Two big names also were involved in the acquisitions — eBay and Napster. eBay acquired Known Origin — a nonfungible token (NFT) marketplace — to help expand its product offerings to customers. Algorand and Hivemind acquired Napster to promote the music NFT market to improve access for consumers and music creators.

The report pulls from Cointelegraph Research Terminals’ expansive database along with analysis from Michael Tabone, a senior economist from Cointelegraph Research. Michael has an extensive background in economics, business, finance, cryptocurrency, blockchain technology and working with emerging technologies. Besides working for Cointelegraph Research, Michael is a Ph.D. candidate working on his dissertation, which is focused on the theory and application of decentralized autonomous organizations, or DAOs.

Keychain Ventures is a crypto investment firm that engages in investing different funds in the blockchain space. Keychain Ventures, along with Cointelegraph Research, will be presenting quarterly interviews with VC firms as well as crypto/blockchain projects that have recently gone through a funding round. These interviews will open up different viewpoints of investment practices from all parties.

This article is for information purposes only and represents neither investment advice nor an investment analysis nor an invitation to buy or sell financial instruments. Specifically, the document does not serve as a substitute for individual investment or other advice.

Read Entire Article
Tags: CointelegraphCryptocurrencyInvestmentMining Bitcoin
Share76Tweet47

Related Posts

X Announces Upcoming Payment Integration: Dogecoin On The List?

X Announces Upcoming Payment Integration: Dogecoin On The List?

by Jon Hartney
September 21, 2023
0

Dogecoin enthusiasts are buzzing with anticipation following recent developments at X, the platform previously known as Twitter As part of...

Polygon (MATIC) Comeback Challenges – What’s Holding It Back?

Polygon (MATIC) Comeback Challenges – What’s Holding It Back?

by Jon Hartney
September 21, 2023
0

Polygon (MATIC) enthusiasts remain undeterred as they continue to push the price of the digital asset higher despite a prevailing...

Phishing victim sends eye-watering $4.5M in USDT to scammer

Phishing victim sends eye-watering $4.5M in USDT to scammer

by Jon Hartney
September 21, 2023
0

On-chain data shows the $45 million was first transferred from the Kraken crypto exchange before eventually arriving at

Optimism to sell $160M in OP tokens to 7 purchasers via private sale

Optimism to sell $160M in OP tokens to 7 purchasers via private sale

by Jon Hartney
September 21, 2023
0

The Optimism network has revealed that it will sell 116 million OP tokens in a series of planned sales

UK politicians don metaverse avatars as they share Web3 roadmap

UK politicians don metaverse avatars as they share Web3 roadmap

by Jon Hartney
September 21, 2023
0

“Web3 represents a paradigm shift that reimagines the very fabric of the internet,” said British MP Natalie

Load More
  • Trending
  • Comments
  • Latest
NEXO risks 50% drop due to regulatory pressure and investor concerns

NEXO risks 50% drop due to regulatory pressure and investor concerns

September 30, 2022
51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

October 14, 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

July 7, 2022
Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner

Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner

October 11, 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0
Crypto owners banned from working on US Government crypto policies

Crypto owners banned from working on US Government crypto policies

0
Korean startup Uprise lost $20M shorting LUNC

Korean startup Uprise lost $20M shorting LUNC

0
Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0
X Announces Upcoming Payment Integration: Dogecoin On The List?

X Announces Upcoming Payment Integration: Dogecoin On The List?

September 21, 2023
Polygon (MATIC) Comeback Challenges – What’s Holding It Back?

Polygon (MATIC) Comeback Challenges – What’s Holding It Back?

September 21, 2023
Phishing victim sends eye-watering $4.5M in USDT to scammer

Phishing victim sends eye-watering $4.5M in USDT to scammer

September 21, 2023
Optimism to sell $160M in OP tokens to 7 purchasers via private sale

Optimism to sell $160M in OP tokens to 7 purchasers via private sale

September 21, 2023

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • X Announces Upcoming Payment Integration: Dogecoin On The List? September 21, 2023
  • Polygon (MATIC) Comeback Challenges – What’s Holding It Back? September 21, 2023
  • Phishing victim sends eye-watering $4.5M in USDT to scammer September 21, 2023
  • Optimism to sell $160M in OP tokens to 7 purchasers via private sale September 21, 2023
  • UK politicians don metaverse avatars as they share Web3 roadmap September 21, 2023

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • bitcoinBitcoin(BTC)$27,004.00-0.46%
  • ethereumEthereum(ETH)$1,619.79-0.89%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.03%
  • binancecoinBNB(BNB)$213.36-1.43%
  • rippleXRP(XRP)$0.51-0.73%
  • usd-coinUSD Coin(USDC)$1.000.07%
  • staked-etherLido Staked Ether(STETH)$1,616.27-1.17%
  • dogecoinDogecoin(DOGE)$0.0627070.56%
  • cardanoCardano(ADA)$0.250001-1.22%
  • solanaSolana(SOL)$19.94-0.28%
  • ToncoinToncoin(TON)$2.35-6.76%
  • tronTRON(TRX)$0.083539-1.20%
  • Wrapped stETHWrapped stETH(WSTETH)$1,865.160.38%
  • polkadotPolkadot(DOT)$4.12-0.24%
  • matic-networkPolygon(MATIC)$0.54-0.56%
  • litecoinLitecoin(LTC)$64.39-3.01%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$26,966.00-0.50%
  • shiba-inuShiba Inu(SHIB)$0.000007-0.11%
  • bitcoin-cashBitcoin Cash(BCH)$213.22-1.28%
  • daiDai(DAI)$1.00-0.12%
  • chainlinkChainlink(LINK)$6.81-0.02%
  • leo-tokenLEO Token(LEO)$3.832.24%
  • true-usdTrueUSD(TUSD)$1.00-0.06%
  • uniswapUniswap(UNI)$4.32-1.79%
  • avalanche-2Avalanche(AVAX)$8.97-1.45%
  • stellarStellar(XLM)$0.113947-3.70%
  • moneroMonero(XMR)$147.15-0.25%
  • okbOKB(OKB)$43.14-1.92%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.11%
  • binance-usdBinance USD(BUSD)$1.000.04%
  • BSCEXBSCEX(BSCX)$237.310.49%
  • ethereum-classicEthereum Classic(ETC)$15.45-1.05%
  • cosmosCosmos Hub(ATOM)$7.450.86%
  • hedera-hashgraphHedera(HBAR)$0.0508040.48%
  • filecoinFilecoin(FIL)$3.29-2.26%
  • GGTKNGGTKN(GGTKN)$0.1121180.75%
  • lido-daoLido DAO(LDO)$1.56-0.49%
  • crypto-com-chainCronos(CRO)$0.0514050.78%
  • internet-computerInternet Computer(ICP)$2.99-0.83%
  • quant-networkQuant(QNT)$89.87-1.53%
  • MantleMantle(MNT)$0.401995-0.32%
  • vechainVeChain(VET)$0.017526-0.50%
  • AptosAptos(APT)$5.16-0.33%
  • makerMaker(MKR)$1,332.872.50%
  • optimismOptimism(OP)$1.34-2.23%
  • ArbitrumArbitrum(ARB)$0.84-1.48%
  • nearNEAR Protocol(NEAR)$1.131.24%
  • KaspaKaspa(KAS)$0.048936-6.08%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%
  • Rocket Pool ETHRocket Pool ETH(RETH)$1,756.53-1.08%
  • aaveAave(AAVE)$63.943.64%
  • BitDAOBitDAO(BIT)$0.592.96%
  • the-graphThe Graph(GRT)$0.0900930.40%
  • immutable-xImmutableX(IMX)$0.7027.91%
  • algorandAlgorand(ALGO)$0.0990903.92%
  • WhiteBIT CoinWhiteBIT Coin(WBT)$5.360.54%
  • xdce-crowd-saleXDC Network(XDC)$0.053523-1.90%
  • usddUSDD(USDD)$1.00-0.14%
  • elrond-erd-2MultiversX(EGLD)$26.873.97%
  • havvenSynthetix Network(SNX)$2.11-1.81%
  • blockstackStacks(STX)$0.483157-0.24%
  • fraxFrax(FRAX)$1.00-0.01%
  • eosEOS(EOS)$0.580.01%
  • Bitget TokenBitget Token(BGB)$0.453492-0.79%
  • tezosTezos(XTZ)$0.67-0.37%
  • CloutContractsCloutContracts(CCS)$52.461,000.00%
  • the-sandboxThe Sandbox(SAND)$0.300730-0.22%
  • injective-protocolInjective(INJ)$7.27-2.03%
  • render-tokenRender(RNDR)$1.642.38%
  • bitcoin-cash-svBitcoin SV(BSV)$31.28-0.22%
  • radixRadix(XRD)$0.0578541.40%
  • theta-tokenTheta Network(THETA)$0.59-3.35%
  • axie-infinityAxie Infinity(AXS)$4.50-0.33%
  • decentralandDecentraland(MANA)$0.2997470.98%
  • fantomFantom(FTM)$0.192127-0.23%
  • thorchainTHORChain(RUNE)$1.78-4.83%
  • gatechain-tokenGate(GT)$3.870.19%
  • neoNEO(NEO)$7.50-0.26%
  • marumaruNFTmarumaruNFT(MARU)$0.24991121.40%
  • paxos-standardPax Dollar(USDP)$1.00-0.11%
  • kavaKava(KAVA)$0.63-0.46%
  • compound-ethercETH(CETH)$32.49-1.01%
  • pax-goldPAX Gold(PAXG)$1,917.86-0.03%
  • tether-goldTether Gold(XAUT)$1,924.71-0.30%
  • ecasheCash(XEC)$0.000024-6.09%
  • flowFlow(FLOW)$0.4572862.78%
  • binaryxBinaryX(BNX)$165.90-5.97%
  • Halo CoinHalo Coin(HALO)$0.057345-0.05%
  • convex-crvConvex CRV(CVXCRV)$1.47184.01%
  • kucoin-sharesKuCoin(KCS)$4.550.69%
  • rocket-poolRocket Pool(RPL)$21.60-3.37%
  • Frax EtherFrax Ether(FRXETH)$1,615.21-1.11%
  • chilizChiliz(CHZ)$0.0592610.38%
  • apecoinApeCoin(APE)$1.12-1.53%
  • iotaIOTA(MIOTA)$0.147720-0.30%
  • Tokenize XchangeTokenize Xchange(TKX)$5.05-0.39%
  • curve-dao-tokenCurve DAO(CRV)$0.4508242.47%
  • frax-shareFrax Share(FXS)$5.330.38%
  • First Digital USDFirst Digital USD(FDUSD)$1.00-0.11%