Web3 dominates venture capital interest in blockchain industry in Q2 2022

Web3 dominates venture capital interest in blockchain industry in Q2 2022 – Mail Bonus


Cointelegraph Research will analyze all bids and venture capital (VC) bids in the blockchain industry in the second quarter of 2022.

Looking at the total amount invested in the cryptocurrency industry in the second quarter, that will tell one story. However, a deeper dive into the data tells a different story. From a high level, the $ 14.67 billion invested in the second quarter is roughly flat compared to the $ 14.66 billion invested in the first quarter. But the bulk of this investment was in April, before the last two months of a sharp slump in global markets, which led even a bullish cryptocurrency investor to admit that the bear market had arrived.

The good news is that even though this has happened, funds such as Andreessen Horowitz (a16z) closed a $ 4.5 billion cryptocurrency fund and investments continued to flow into various sectors of the cryptocurrency industry.

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

The Cointelegraph Research Center has a VC database that contains detailed information on contracts, mergers and acquisitions, investors, cryptocurrencies, funds and more. Using this database, Cointelegraph Research analyzes the numbers to find important developments 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 value of individual contracts in the blockchain industry remained stable at $ 14.67 billion in the second quarter, just over $ 14.66 billion in the first quarter. This may indicate an inaccurate conclusion that there is no change in the development of investments in VC and everything is undergoing a huge exponential growth process.

The contraction in traditional financial markets (TradFi) has been a headwind for the cryptocurrency market. The change in risk has had an unexpected impact on different sectors of the cryptocurrency. This downward pressure was only exacerbated by the collapse of Terra’s stablecoin, which significantly reduced the overall market value. Macroeconomic forces have influenced venture capital firms to take a small step back and approach projects with more caution and probably less capital allocation to reduce their risk risk in the event of support for a bad project.