Venture capital investment into blockchain startups increased by 280%

Venture capital investment into blockchain startups increased by 280%

Cryptocurrency market is on the decline, largely due to problems with the regulation, but many of the ICO projects are not experiencing funding problems due to the influx of venture capital investment.

In its latest report, the research team Blockchain Diar reports that for the first three quarters of cryptocurrency and blockchain startups raised nearly 3.9 billion dollars with venture capital investors, representing a 280% increase compared with the 2017 year.

Along with the increase in the number of transactions with venture capital investors in the cryptocurrency sector, the average size of investment in cryptocurrency and blockchain projects increased by more than $ 1 million in 2018.

Black denotes investment capital, grey – number of transactions in the cryptocurrency sector.

Explaining the growing popularity of venture investment among ICO, the authors of the study cite cost reduction projects, as well as the fact that the prices of almost all tokens are far from their highs.

The research company also refers to the regulation of and problems with by the ICO as additional reasons for the popularity of crowdfunding.

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