Crypto is dying, or… is it really? True, VC crypto funding is back at the 2021 lows, and in GameFi, for example, it’s down 7x from the peak.
But we surveyed several leading VCs, and it turned out that they are still happy to give money to blockchain projects – just in specific niches. We compared the results of the survey to the funding data published by Messari & other sources and identified the areas of the market with the biggest investment potential for 2023.
You’ll find the full results in the article, together with surprising data on VC funding growth rates and crypto adoption in different regions.
Here are a few useful insights:•
Blockchain infrastructure & tooling attract the most VC interest, with 108 closed rounds and over $1.7 billion raised.
• No. 2 is
DeFi – liquidity and custody solutions, yield farming, and staking.
• As for
NFTs, VCs like infrastructure projects – e.g. low-code solutions for building NFT experiences or NFT DEXes.
• Other attractive niches are decentralized storage, privacy, sustainable
GameFi, and consumer
dApps.
• Both VC funding and crypto adoption are growing fastest in
Asia.
None of this is financial advice, of course, but regular investors should definitely look into the new projects in these markets.Definitely check out the full version of the article for more VC insights, charts, and stats: https://cutt.ly/H3lzsuH
