GM/GN crypto fam.
So, apparently, despite everything that has happened in 2022 and is still happening, crypto funding is set to surpass 2021 funding.
I honestly don't understand how that could be the case with everything that has happened in the past 11 months.
Can the overall crypto space recover until 2023, or is crypto funding going to decline in 2023?
Source:
https://app.getresponse.com/view.html?x=a62b&m=BVlN1b&mc=9I&s=BtgXWnG&u=QcLhh&z=ECp6MIP&
So, apparently, despite everything that has happened in 2022 and is still happening, crypto funding is set to surpass 2021 funding.
I honestly don't understand how that could be the case with everything that has happened in the past 11 months.
Quote
In the first 9 months of 2022, VC firms poured $19.9 billion into the crypto space, which is 44% higher than the same period in 2021. However, there is a considerable slowdown in Q3 2022, as VC funding dropped by 38.3% compared to Q2 2022. Q3's total figure is around $4 billion.
Can the overall crypto space recover until 2023, or is crypto funding going to decline in 2023?
Source:
https://app.getresponse.com/view.html?x=a62b&m=BVlN1b&mc=9I&s=BtgXWnG&u=QcLhh&z=ECp6MIP&
It say's it has a considered slowdown? so maybe at the end of the year, it will be just break even or the funds are not that big as compare to 2021.
We can't say at this point, but if we are going to look at the historical logs, 2023 should be another bear market, meaning there could be projects coming but Venture Capitalist might be picky because of the current market situation.
So might be 2023 could be another so-so period for projects and it's hard to look for Venture Capitalist next year because of the prevalent market sentiments.