2 Years Ago

Private Blockchains are on the Rise in 2023

Contrary to popular perception, blockchains can also be designed to work within constrained parameters. While this goes against the foundational concept of Bitcoin – a complete absence of intermediaries or influencing factors and total democracy – blockchain technology has evolved. This means that organizations are free to create their own blockchains and govern how they want them to function.

Much like traditional finance, these “private” blockchains are governed by designated decision-makers. This extent of access to the governance of a blockchain determines whether a blockchain is private or public.

https://www.linkedin.com/pulse/private-blockchains-rise-2023-ian-scarffe
Top Web3 Investors Remain Active

While overall funding in Web3 was down last year from 2021, several top investors in the space such as Shima Capital, Animoca Brands and Y Combinator saw their numbers tick up in 2022, according to Crunchbase data.

In fact, about a dozen investors made 40 or more deals in the Web3 space last year — and for most that was an increase from 2021.

Those numbers are similar when also looking at firms that led or co-led the most rounds last year. Polychain led the way last year with 30 rounds led or co-led — per Crunchbase —...


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Joined 8th March 2019