The past year has been historic for cryptocurrency. In 2022, when military conflicts broke out between Russia and Ukraine, cryptocurrencies caught the world’s attention.
In May, the collapse of underground storage tanks led to the collapse of many institutions. Before the market could fully grasp the consequences of the disaster, the US Treasury Department announced sanctions against Tornado Cash, which sparked heated discussions.
Just when investors thought things couldn’t get any worse, FTX filed for bankruptcy and its founder, SBF, was arrested. (He is now released on bail.)
Although the NFT boom has caught the attention of the non-crypto sectors, the market has not been able to withstand the constant pressure of deleveraging. as a result of, The total cryptocurrency market cap, which was $2 trillion at the beginning of the year, has fallen to $790 billion.
Despite the fact that the net flow of Bitcoin on exchanges has been negative for a long time, this should be noted Each crisis is also a great opportunity for players to reorganize the market.
While some funds have gone out of business, many institutions have also invested in cryptocurrency at the same time. Incomplete statistics show that on December 16, 1,533 fundraising activities were carried out in the Arab Republic of Egypt Cryptocurrency market in 2022.
In particular, the world famous market maker Citadel Securities raised $1.15 billion, the largest cryptocurrency funding of the year, on January 11, 2022. The UST Luna Foundation Guard project ranked second in this regard and raised $1 billion on February 23.
What are the popular crypto investment classes in 2022?
After sorting through the data, we noticed that among the blockchain players that hijacked the resources:
- 276 Web Focus 3;
- 170 works with NFTs;
- 141 professionals in decentralized protocols and support services;
- 117 worked on GameFi projects;
- 112 targeted applications of blockchain technology;
- 93 are the builders of Metaverse.
- 30 running governors;
- 14 are involved in cryptocurrency mining;
- 13 running on Ethereum;
- 5 are market makers.
Based on these numbers, we can easily say that Web3 took the lion’s share and secured 275 financing deals40 of them occurred in August and 35 in September.
Although the number of companies receiving investments decreased at the end of 2022, the number is still slightly higher than the number recorded at the beginning of the year.
Next, let’s turn to the size of these financing deals. With the exception of 19 companies that did not disclose the specific funds raised, the The remaining 256 Web3 companies raised approximately $2.3979 billion in 2022.
In particular, Fenix Games, a Web3 game publisher backed by the Phoenix Group and Dubai-based Cypher Capital, raised $150 million, ranking first among all 256 companies in terms of funding in 2022.
The project | Date | to focus | Funds collected |
Phoenix Games | 11/25/2022 | Game publisher | $150 million |
symbolic capital | 08/25/2022 | Venture Capital Web 3 | $50 million |
single vegas | 07/28/2022 | Web 3.0 platform for distributing casino games | $50 million |
DeFi Alliance | 01/13/2022 | Web3 Startup Accelerator | $50 million |
Wildcard Alliance | 6/14/2022 | Start playing Web3 games | $46 million |
reaped | 10/27/2022 | Web3 payment company based in Hong Kong | $40 million |
Iskra | 09/22/2022 | Web3 gaming community platform | $40 million |
EXTERIO | 08/30/2022 | Web3 game developer | $40 million |
Morales | 05/11/2022 | Web3 development platform | $40 million |
Iskra | 04/07/2022 | Web3 gaming community platform | 34 million dollars |
NFT is the second most popular investment destination. In 2022, the sector recorded 175 financingsMost of them occurred in May and July. Moreover, the number has trended downward throughout the year, indicating a declining popularity of the market.
Let’s check out the money they raised. With the exception of the 13 companies that did not release specific numbers, The remaining 162 NFT companies raised about $2.526 billion in 2022.
In particular, the OpenSea NFT Market Round C, which included Paradigm and Coatue, raised $300 million, ranking first in terms of fundraising.
In addition, six other NFT companies have raised more than $100 million, including:
- Limit Break, parent company of NFT project DigiDaigaku ($200 million);
- Marketplace NFT based on Solana Magic Eden ($130 million);
- NFT Genies platform ($150 million);
- game developer NFT Immutable ($200 million);
- Pixel Vault NFT development platform ($100 million);
- NFT Autograph Platform ($170 million).
The project | Date | to focus | Funds collected |
open c | 01/05/2022 | NFT market | 300 million dollars |
break the limit | 08/29/2022 | The parent company of the DigiDaigaku NFT project | $200 million |
Fixed | 07/03/2022 | NFT startup | $200 million |
The magic of Eden | 06/21/2022 | Solana-based NFT marketplace | $130 million |
genera | 04/12/2022 | NFT platform | $150 million |
autograph | 01/20/2022 | NFT platform | $170 million |
pixel vault | 02/03/2022 | NFT platform | $100 million |
Doodles | 09/13/2022 | NFT platform | 54 million dollars |
Proof | 08/31/2022 | The parent company of NFT Moonbirds Group | $50 million |
falsely | 06/05/2022 | NFT market | $50 million |
These numbers show us that as the popularity of the NFT market has gradually waned, Web3 has grown. Despite this, bear market conditions led to a lower number of financings at the end of 2022.
Meanwhile, as centralized institutions suffered a lot from security breaches, investors shifted their focus to decentralized platforms.
During the great reshuffle, many institutional and retail investors chose to exit the crypto sector. However, there are market participants who always put users first to improve the market environment and attract more investors.
CoinEx: 5 years without security incidents
One such example is CoinEx, the world-renowned cryptocurrency exchange that just celebrated its fifth anniversary. Relying on its easy-to-use products and satisfactory services, The broker has been approved by more than 4 million users in nearly 200 countries and regions around the world.
In 2022, the exchange will update its brand slogan to “Simplify Cryptocurrency Trading.” These simple words mean frequent product testing and countless service upgrades.
Today, CoinEx has embarked on its sixth year in the crypto industry, and will extend its zero-accident record to six consecutive years. We wish CoinEx and its users all the best in 2023.
Disclaimer: This article does not provide investment advice and all statistics mentioned here are for reference only. The information in this document cannot be relied upon in investment decisions, for which you take full responsibility.