21 Projects Secure $237.5M as September Hits $731.2M and the Fate of 2022's Crypto Startups

Hello, entrepreneurs! It's Thursday again — time for us to share with you a new batch of hot news, great events and fresh resources!

By tradition, let's start with a brief analysis of last week's fundraising:

• Between September 21 and September 28, 2024, 21 projects raised investments totaling $237.5 mln.
• Celestia ($100 mln) and Infinex ($65.3 mln) were the leaders in terms of the amount of funding received.
• The funds focused on the sectors of blockchain services, blockchain infrastructure, GameFi, DeFi, CeFi and others.
• The top 5 funds by number of investments in the period from September 21 to September 28, according to CryptoRank data were 1kx, Framework Ventures, Anatoly Yakovenko, A16z and Animoca Brands.

Gamify Your Growth: Essential Quest Platforms for Crypto Marketing

Building a vibrant community is paramount for startup success. Quest platforms have emerged as powerful tools, transforming user engagement through gamified tasks and rewarding participation with digital assets. These platforms don't just attract users; they create a cycle of engagement that fosters loyalty and community growth.

To craft quests that drive meaningful engagement:

• Understand your target audience's interests
• Balance short-term rewards with long-term incentives
• Design challenges that are accessible yet stimulating
• Encourage social sharing of achievements
• Continuously analyze and refine based on user data

Our latest article delves into the top 10 quest platforms reshaping crypto marketing in 2024. Each platform offers unique features to help you build and nurture your Web3 community. Curious to learn which tools could elevate your project's engagement strategy? Check out our in-depth analysis for insights that could transform your approach to community building.

Boost Your Web3 Startup's Visibility: Amplifying Your Project's Reach

A comprehensive, well-presented startup profile can significantly boost their chances of success. Remember, investors are looking for more than just innovative ideas; they want to see a solid understanding of your target market and a clear path to execution.

A profile on InnMind allows founders to present their project's full potential, showcasing key elements that investors scrutinize. To maximize your startup's visibility and appeal, focus on populating your profile with:

• Concise yet compelling project description
• Polished pitch deck highlighting your vision
• Detailed business profile and market positioning
• In-depth product overview and technical specifics
• Clear value proposition and competitive advantages
• Transparent fundraising history and goals
• Curated social media and press highlights

InnMind's platform serves as a strategic launchpad for Web3 startups, offering a centralized space to showcase your venture's strengths. Take the time to curate your profile thoughtfully — it could be the strategic move that propels your Web3 project to new heights.

Cut Through the Noise: Pinpoint Your Ideal Investor with InnMind

Finding the right venture capital partner can be a time-consuming and often frustrating process. Instead of endless Google searches and cold outreach, entrepreneurs are turning to InnMind's comprehensive VC database for a more targeted approach.

InnMind's VC database offers a range of smart filters to streamline your search:

• Recent investments: Identify VCs actively deploying capital in your sector
• Funding vertical: Target investors specializing in your niche
• Investment stages: Match your startup's phase with appropriate VCs
• Geographic focus: Find investors interested in your region

Beyond basic information, each VC profile on InnMind provides a wealth of valuable insights. Founders can access detailed business profiles, track record analyses, and social media highlights. Uniquely, InnMind also features feedback from other founders who've interacted with the VC, offering rare, firsthand perspectives on investor relationships. By leveraging this tool, you're not just saving time — you're dramatically increasing your chances of connecting with the right investors who can truly catalyze your startup's growth.

And by the way, there's already last month's fundraising analytics. September was a truly hot month for fundraising:

• 116 Web3 and blockchain projects raised a total of $731.2 mln in funding in September 2024.
• The Celestia Foundation, an organization that develops and maintains the modular network of the same name, raised the most money in September — $100 mln.
• Projects attracted the most investments worth $237.5 mln last week — between September 21 and 28.
• According to CryptoRank, the most active investor in September was Andreessen Horowitz, who invested in 11 startups. Animoca Brands and Robot Ventures came in second and third place, respectively.
• In September, investors focused on the DeFi sector, blockchain services and blockchain infrastructure development.

Token Launch Masterclass: Legal Essentials for 2024

Web3 entrepreneurs planning their next big move in 2024 won't want to miss the upcoming event tailored specifically for those eyeing a public launch and token offering. This workshop promises to deliver crucial insights for navigating the complex landscape of regulatory compliance and strategic decision-making in the blockchain space.

Today's free workshop, starting at 16:00 CET, will dive deep into the intricacies of executing a compliant utility token offering. Key topics to be covered include:

• Jurisdiction selection: Comparing options like Switzerland, Liechtenstein, BVI, Cayman Islands, and Panama
• Essential documentation for a streamlined, compliant token offering
• MiCA regulation in Europe: Rules and requirements for utility token issuers
• Whitepaper content requirements under MiCA regulation
• Real-world case studies from various Web3 and RWA tokenization projects

Led by guest speaker Janina Pietrowska, a seasoned Web3 legal advisor and Partner at ZüGERLAW, attendees will gain valuable knowledge from her extensive experience supporting over 100 Web3 projects, including numerous RWA tokenization initiatives across real estate, commodities, and digital art sectors.

As an added bonus, Zoom attendees will receive complimentary materials and legal templates to support their token launch journey!

Crypto Fest 2024: Insights and Networking in Cape Town

And another incredible event you won't want to miss! The 6th edition of Crypto Fest is scheduled for October 10-12, 2024, in Cape Town, offering a blend of professional development and cultural experience.

This year's event, held at DHL Stadium in Green Point, expands to a three-day format, providing:

• A Cape Town city tour, offering context to the local blockchain scene, from DeFi developments to regulatory considerations
• Over 15 expert-led sessions covering current industry topics
• Networking opportunities with peers and thought leaders
• An exhibition showcasing the latest in blockchain technology
• A tour of Cape Winelands, combining professional networking with local wine culture

This isn't just a conference; it's a chance to forge connections with industry leaders, gain insider insights, and potentially uncover your next big opportunity — all while soaking in the unparalleled beauty of one of Africa's most vibrant cities.

Don't let FOMO get the best of you. Secure your spot at Crypto Fest 2024 now and be part of the conversation shaping the future of finance.

Sharpen Your Story: Expert Pitch Deck Feedback for Web3 Startups

Your pitch deck is your startup's calling card. To captivate investors, focus on your unique solution, and back it up with solid traction metrics. Remember, different investors — from crypto-native VCs to traditional players exploring Web3 — may need different emphasis. Tailoring your story is key.

InnMind's Weekly Pitch Revision & Feedback Sessions offer a golden opportunity to refine your pitch. Every Thursday, you can:

• Present to a seasoned startup mentor
• Get pro feedback on your deck
• Pinpoint improvement areas
• Fine-tune your fundraising strategy
• Polish your pitch delivery

These 30-minute, one-on-one sessions with Alex Onishenko, InnMind's VC analyst head, are exclusively for fundraising or scaling startups on the platform.

For Web3 founders aiming to secure funding, these sessions are more than deck polishing — they're your chance to align with investor expectations and sharpen your startup's narrative. Ready to take your pitch from good to great? Consider jumping into InnMind's next session!

And some more statistics and analytics: 18% of crypto startups that received funding in 2022 stopped development or completely left the market. However, about 80% of other projects are still operating, Lattice Fund analysts say. Despite the relatively good results of crypto startups that raised funds in 2022, technically, most of them were struggling. ?The problems are exacerbated by the fact that investors have switched to more promising sectors — DePIN and artificial intelligence, for example. This proves that profits are made not by chasing what is popular now, but by looking for what will be relevant in a few years,? Lattice Fund said.

Showcase Your Web3 Product to 50,000+ Industry Players

InnMind acts as a central hub in the Web3 world, bringing together all the key players. It helps investors find promising startups, connects startups with the right investors, and links both to essential service providers. The platform also gives product developers a space to showcase their tools to a wide audience of potential users.

For those who've created products that can help Web3 businesses, there's a special opportunity. By joining InnMind's Perks Club, you can present your product to thousands of startup founders and industry professionals. It's as simple as filling out a simple Google form. If you know someone with a great Web3 product, feel free to share this chance with them. With over 50,000 active users in the Web3 community, InnMind offers a direct line to the people who need your solutions most. Don't miss out on the chance to be part of this ecosystem!

Maximize Your TGE: Your Guide to Top Web3 Launchpads in 2024

Choosing the right launchpad can make or break your project's success. When evaluating launchpads, focus on their track record, investor network, and alignment with your project's vision. Remember, a good launchpad doesn't just facilitate your token sale; it becomes a strategic partner in your project's journey.

InnMind's Ultimate List of Top 80 Web3 Launchpads in 2024 is a game-changer for founders navigating the launch landscape.

Each launchpad on the list is evaluated for its unique strengths, helping you find the perfect match for your project's specific needs and vision.

For Web3 founders, this curated list is more than just information — it's a strategic tool for launch success. By leveraging this resource, you're not just choosing a launchpad; you're setting the stage for a strong market entry and sustained growth. Ready to supercharge your project's launch? Explore InnMind's Ultimate List and take the first step. Your ideal launchpad partner might be just a click away.