Digital Asset Markets: Growing Deal Flows with Pivot
The Web 3.0 space has attracted nearly $100 billion in total investments over the past three years, funding approximately 5,000 projects despite a global slowdown in the crypto markets. This remarkable figure underscores the resilience and potential of Web 3.0, even in turbulent times.
According to data from Crunchbase, The Block, and Bain Crypto, Web3 ventures in the financial market infrastructure domain have garnered the most attention and funding. Let’s dive into the breakdown of investments across various segments within the broader Web 3.0 landscape.
Building the Chains
The blockchain and platforms segment received over $11 billion in declared investments from prominent VC firms. The majority of this funding has gone into non-EVM general-purpose protocols, scaling solutions, and sidechains.
As trends evolve, 2024 is likely to see continued momentum in these areas. Investors seeking niche opportunities will find potential in every sub-segment of blockchain technology, paving the way for innovative builders and entrepreneurs.
Of Mines and Games
The rise of gaming and gamification within tokens and projects has been instrumental in driving user adoption. Companies like Animoca, Axie Infinity, and Enjin have emerged as leaders in this space. Over the past three years, significant investments have flowed into mining companies and gaming applications, with many of these projects focusing on seamless user onboarding and engagement.
Finance Takes the Podium
Unsurprisingly, financial market infrastructure commands the largest slice of the Web 3.0 investment pie. Nearly 50% of the $94 billion invested since 2021—approximately $49 billion—has been directed toward financial applications, including:
Centralized and decentralized exchanges (CEXs and DEXs)
Institutional and retail brokers
Banking infrastructure
Payments and payment infrastructure
Custody and wallets
Lending and credit applications
This dominance underscores the critical role of financial technology in the Web 3.0 ecosystem, creating lucrative opportunities for both investors and builders.
Core Infrastructure and User Applications
Web 3.0 has also witnessed substantial investments in core infrastructure and user-centric applications. Approximately $9 billion has gone toward infrastructure projects, while $16 billion has been directed toward developers working on applications that enhance user experiences.
Opportunities for Investors and Builders
The data reveals a significant opportunity for both investors and builders in the Web 3.0 space. Entrepreneurs, often referred to as #BUIDLers, are at the forefront of this revolution. Whether it’s creating a game-changing tool, solving real-world problems, or improving user experiences, there is no shortage of opportunities in this space.
Web 3.0 has evolved beyond being a playground for early-stage investors. With the inclusion of later-stage growth funds, crossover funds, and even buyout funds, Pivot Capital and similar firms are paving the way for deeper and more diverse deal flows.
About Pivot
Pivot 3.0 is a global venture accelerator firm dedicated to empowering Web 3.0 entrepreneurs. Founded by Anshul Dhir, a 3x Web 3.0 founder and mentor to over 50 startups, Pivot offers milestone-focused programs tailored to each startup’s unique needs.
Supported by industry leaders like Polygon, Delphi Digital, and Pivot Web, the accelerator boasts strong partnerships with Tier 1 ecosystems, including BNB Chain, Arbitrum, and Mantle. Pivot also provides a Web3 masterclass and a collaborative environment for startups to thrive.
With Pivot Capital at its helm, the firm continues to drive innovation in the Web3 ventures space, offering unparalleled mentorship, funding, and strategic guidance.
Discover more about Pivot on Website, Twitter, Telegram, LinkedIn, Blogs, YouTube, and Discord.
Web 3.0 is transforming digital asset markets, and Pivot is here to guide the way.
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Written by
0xPivot
0xPivot
Pivot is a global Web 3.0 startup accelerator and venture capital firm, empowering founders to build transformative Web 3.0 companies through expert-led programs, strategic mentorship, and robust funding opportunities.