Crypto This Week Aug 22 – Aug 28 (Market, Defi…)

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2021-10-25 06:41:09

Market Perspective

2021 is the explosive year of the crypto market, especially in H1/2021 we saw a lot of money went into the market under the venture capital funds.

And this week in CHK’s newsletter, I will share with one person a report from Dove Metrics about “Crypto Fundraising, read the report here: https://docsend.com/view/r8xby5dkqvd79c….

Some key summaries,

1. Fundraising boom across all categories in the first half of 2021

  • Despite DeFi’s growth, centralized finance (CeFi) applications continue to dominate with companies raising $4.6 billion.

  • NFT hype won’t go away and overtakes DeFi in fundraising in March

  • Mega Rounds Return to BlockFi, Solana Labs, Ledger All Raised $300 Million+

2. DeFi with 1,. billion+ dollars raised and 239 deals announced

3. “Seed” rounds dominate the fundraising scene in DeFi

*9% unclassified as no relevant information was provided regarding this funding period.

4. Despite gas price concerns, over 80% of DeFi funding has gone to Ethereum

5. NFT hype convinced investors to deploy over $1 billion+ and 84 deals announced

6. CeFi attracts the largest amount of new capital of $4.6 billion+ raised and 72 deals announced

7. CeFi has more than half of the capital in the strategic investment round

*9% unclassified as no relevant information was provided regarding this funding period.

8. Web3 is the portfolio invested with the smallest amount of capital with $300 million+ raised and 57 deals announced.

9. And only 1 round at the end is published in the Web3 space

*9% unclassified as no relevant information was provided regarding this funding period.

10. 2.7 billion+ raised and 136 transactions announced amid fundraising for Crypto Infrastructure projects.

11. Infrastructure companies play a central role in the ecosystem

*9% unclassified as no relevant information was provided regarding this funding period.

Next Week’s Event

Notable events for everyone next week:

  • August 23 – August 27: Web3 Fashion Week was the first Web3 fashion week to be held, featuring the full technical functionality of web3 incorporated into the structure of the entire event, from DeFi, to NFT, to DAO administration.

Below are notable news from the projects:

  • 22/08: Verge: Block Reward Halving

  • August 23: Odin Protocol: launch BALDUR ODIN Testnet v.1.0

  • 24/08: Lisk: Switch to Mainnet v.3.0

  • August 26: Firo: Hard Fork

These are the important information in the coming week, hope that the information I provide in this article will help everyone.

Hello everyone and have a great weekend.

By Dung BuiCHK Team

► Join the support team and the most prestigious Exchanges with exclusive deals with CHK

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#Crypto #Week #Aug #Aug #Market #Defi

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