Crypto Investment Roundup: Q2 Hits $2.7B, Weekly Funding Tops $178M
Hello, entrepreneurs! Well, today is Thursday and as usual we have prepared for you a comprehensive selection of hot news from the world of Web3 and useful resources for your projects.
Table of Contents
And let's start our newsletter with fundraising analytics for the Q2 of this year:
The volume of venture capital investments in cryptocurrency projects grew by 2.5% in Q2 2024 to $2.7 bln, according to a report by PitchBook experts.
At the same time, analysts noted a 12.4% decrease in the total number of deals. This indicates that the volume of injections has increased, the report emphasizes.
It is expected that the total value for 2024 will be higher compared to 2023 — $10.8 bln against $10.1 bln. Moreover, the indicator is growing for the Q3 in a row. It has increased by $800 mln since the fourth quarter of 2023.
PitchBook also pointed to a shift in the landscape of the segment as a whole. According to the report, competition among early-stage projects is gradually increasing, while late-stage projects are shrinking.
AlphaMind Hits Product Hunt: Support Our Web3 Revolution
Exciting news! AlphaMind, our Web3 launchpad, is live on Product Hunt. After years of supporting your ventures, we're asking for your help. This platform revolutionizes crypto startup launches with a community-driven approach. Our ethos? Fair, transparent, and efficient — just like always.
Your support on Product Hunt means the world to us:
Every vote counts! Join us in making AlphaMind's Product Hunt debut a success.
Boost Your Web3 Startup's Visibility
In the fast-paced world of crypto, having a groundbreaking idea isn't enough. Web3 entrepreneurs need to master the art of getting noticed. Craft a story that showcases your project's unique edge. Remember, the right connections can catapult your startup from obscurity to the spotlight.
Enter InnMind's platform is the top platform to showcase your startup. Create a profile card that puts your venture center stage. Here's what you can showcase:
Why post your startup's info on InnMind? Simple. It's where serious investors browse for the next big thing in Web3. By listing your project, you're not just filling out a form — you're opening a door to potential partnerships.
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Fast-Track Your Web3 Success: Join InnMind Accelerate
In today's realities, staying ahead means constant growth. For entrepreneurs, accelerators offer a fast track to success, providing crucial knowledge, networks, and resources. They're not just programs; they're launchpads for the next generation of unicorns. Ready to catapult your startup to new heights?
InnMind Accelerate offers a comprehensive 3-month online program tailored for Web3 startups. This program addresses critical areas including:
Applications for InnMind Accelerate are now open. Interested founders can submit their application through our online form. Our team will review submissions and respond within 1-2 business days with information on next steps. This program represents a valuable opportunity for motivated entrepreneurs to refine their projects and connect with key players in the blockchain space.
And the analytics of fundraising for last week is as follows:
Web3 Venture Landscape: Summer 2024 Insights
Summer 2024 saw continued evolution in the Web3 venture landscape. As blockchain applications expanded and new projects emerged, investor focus and market dynamics adjusted accordingly. For Web3 entrepreneurs, staying informed on these developments remains crucial for effective fundraising strategies.
InnMind's latest analysis unpacks top venture capital investments in Web3 startups from summer 2024. The report covers venture activity trends, market factors, key investor interests, and shifting sentiments. Web3 founders can gain valuable insights from this overview to refine their approach and align with current market conditions. Explore the full report here.
One-Stop Resource Hub for Web3 Entrepreneurs: InnMind's Knowledge Base
Searching for the perfect presentation template or a Simple Agreement for Future Equity (SAFE) can be time-consuming and frustrating. Why waste precious hours when everything you need is just a click away? InnMind's platform offers a comprehensive Knowledge Base, designed specifically for Web3 entrepreneurs. It's your one-stop hub for essential documents and templates to propel your project forward.
Our extensive Knowledge Base is a treasure trove of resources for Web3 startups. You'll find:
Visit InnMind's Knowledge Base today. Browse our collection, select the templates or documents that fit your needs, and put them to work immediately. With these professional resources at your disposal, you can focus on what truly matters — building and growing your Web3 venture.
And by the way already this week there is the first leader in funds raised in the project: Decentralized blockchain platform Sahara AI announced the closing of a $43 mln funding round jointly led by Binance Labs, Pantera Capital and Polychain Capital. It is known that Sahara's goal is to address copyright and privacy concerns amid the proliferation of artificial intelligence tools.
Slash Costs, Maximize Growth: Exclusive Startup Perks in One Place
Looking for resources that will genuinely boost your startup? Skip the endless Internet searches and head straight to our platform. Browse the curated list of perks from our partners and select what's essential for your project's current stage. We've gathered everything you need in one place. Here's just a glimpse of what's available:
Join the Perks Club today and supercharge your startup's journey. It's not just cost-effective — it's time-efficient too. Access the tools you need!