Home
News
The Fundraising Report by Messari
While the first two quarters of 2022 saw cryptocurrency markets perform poorly, a fundraising report just released by Messari researchers shows that $30.3 billion was raised by crypto projects and businesses during the first half of 2022. The total amount of money raised throughout 1,199 fundraising rounds, 30.3 billion USD, is more than all the investment blockchain businesses and projects received in 2017.
According to the H1, 2022 Fundraising Report released by Messari and Dove Metrics, a division of Messari Holding Inc., a large amount of cash has been invested in particular blockchain projects and businesses within the cryptocurrency sector. In H1, centralized finance (CeFi) seized more than $10.2 billion, outpacing decentralized finance (defi), according to the study.
In the first half of the year, Defi raised $1.8 billion, while Web3 and non-fungible token (NFT) projects and associated businesses raised $8.6 billion. The blockchain and cryptocurrency infrastructure sector received $9.7 billion in investments, and even though Web3 and NFTs saw the third-largest capital raised, the Web3-NFT sector saw the most fundraising rounds with 530 rounds throughout the first two quarters.
April Was the Best Month Web3-NFT Sector
June was Defi’s busiest month, with a variety of Defi projects and companies raising $624 million. The analysis by Messari researchers state that the seed rounds continue to dominate notwithstanding DeFi’s maturity. The month with the highest money raised for infrastructure was February, the best month for cefi was January, and the best month for the Web3-NFT sector was April.
When compared to competing for smart contract blockchains like Solana, Avalanche, and Polkadot, Ethereum-based defi projects and businesses have raised the most funding rounds and total funds. There were 61 deals in Q2 and 54 agreements in Q1 for Ethereum-based defi projects. During the first quarter of 2022, projects using alternative blockchains raised $309 million, compared to $387 million funded by Ethereum-based defi initiatives.
While projects based on alternative chains raised about $193 million in Q2, ETH-based defi garnered $890 million. Researchers from Messari point out that in the Web3-NFT industry, early-stage financing rules supreme and gaming has surpassed the majority of NFT funding. Again, when compared to other smart contract platform networks, Ethereum dominated the Web3-NFT market.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
