Despite Bear Market, 2022 Fundraisings Already Surpassed 2021: Messari

According to Messari’s H1-2022 Fundraising Report, investments in the crypto industry surpassed $30.3B during the first half of 2018. This is more than all the investment in 2021. This shows that investors still believe in crypto technology and blockchain despite the market crash in the first six month.

Despite the collapse of CeFi projects in Q2, this sector continues to attract investments in excess of $10.2B. This is ahead of three other areas: infrastructure, DeFi and Web3&NFT.

Ethereum in Focus

According to Messari’s recently acquired fundraising database Dove Metrics the trend towards crypto projects is on the rise has shown steady growth in H1 over the past six months, according to the report. The total amount raised by crypto and traditional funds was $35.9B during the same period. This is more than the $19B for the entire year in 2021.

Investments are heavily tilted toward early-stage projects across all major sectors. This suggests that crypto is a growing industry with great potential.

This trend was well-reflected by Ethereum losing the lead in NFTs in H1 while other upcoming ecosystems continued winning funding. Ethereum-based projects received $1.1B in investments, which is far less than projects that are based on other networks at $2.9B. Because of their low fees, Solana-based NFTs are gaining attention. This is evident in the growing popularity of Magic Eden, a marketplace that raised $130M in June.

However, Ethereum-based DeFi protocols remained the most popular fundraising methods during the same period. 56% and 82% respectively of DeFi funding capital went to Ethereum in Q1 or Q2. According to the report, Asset Management and DEX were the most popular products among investors.

CeFi Attracted Capital Despite Bankruptcy Scandals

H1 saw $3.2B in centralized exchanges, far more than the $1.58B funding received by the second-ranked payment company. This was despite the fallout from several high-profile brokerages.

CeFi, a mature sector, had half of its funding rounds exceeding $10M between January and June. The total investment reached $10.2B, a decrease of 5.6% over H2 2021. 40 percent of infrastructure funding was directed to Series A projects or those in the late-stage of development, with smart contract platforms accounting for the largest portion of this funding.

Summary: The report stated that investors were not affected by the market crash of May and June, as there was no significant drop in volume across all sectors.

CryptoPotato’s first post was titled “Despite Bear Market, 2022 Fundraisings Have Already Surpassed 2021” by Messari.

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Marla Brooks

Marla Brooks – Financial Analysis My name is Marla Brooks, and I am the mainstream behind the”observednews.com”  for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.

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