๐จ News Flash! Investment in crypto startups has fallen to Q4 2020 levels due to the current bear market. According to a Messari report, $2.1 billion was raised in 297 deals in Q3 2023, down 36% from the previous quarter and almost 70% down from Q3 2022. ๐ฎ
๐ฑ Seed financing was the largest category, with $488 million across 98 deals. US investors accounted for 54% of all active venture capital investors.
๐ง Investor interests have shifted from user-facing applications to blockchain infrastructures, but this trend might not last long if there are no successful applications for users.
๐ฃ๏ธ What do you think of this situation? Comment below!
๐ฑ Seed financing was the largest category, with $488 million across 98 deals. US investors accounted for 54% of all active venture capital investors.
๐ง Investor interests have shifted from user-facing applications to blockchain infrastructures, but this trend might not last long if there are no successful applications for users.
๐ฃ๏ธ What do you think of this situation? Comment below!