State of Blockchain Q1 2016: Blockchain Funding Overtakes Bitcoin
CoinDesk’s Q1 2016 State of Blockchain report summarizes key trends, data and events from the first quarter of 2016. This article highlights a few of the 100 new slides from the report, which is freely available to view in full here. For more of our quarterly and annual reports, visit CoinDesk Research. State of Blockchain Q1 2016 from CoinDesk. As blockchain hype begins to subside and entrepreneurs and organizations get down to the business of implementation and execution, a new debate has emerged over timing. Splitting industry observers is a key question – Are we just short distance....
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The world of blockchain technology has seen its fair share of investments throughout the years. Just last year, in 2015, a new record for VC funding was noted. But the recent charts by WeUseCoins seems to indicate the blockchain investment bubble is about to burst. It is not entirely surprising the year 2016 may see a dip in blockchain investments. Other....
Gem, a blockchain platform provider, has announced that it has closed a Series A funding round in which it has secured $7.1 million USD in venture capital funding. This funding round, led by Pelion Venture Partners, places Gem in an early lead for 2016 blockchain investment. Several firms participated in this funding round, including KEC Ventures, Blockchain Capital, Digital Currency Group and RRE Ventures. Ben Dahl, a partner at Pelion Venture Partners who led the funding round and has also joined Gem’s Board of Directors told press, “We have been monitoring the blockchain industry....
A new report from CB Insights has shown that funding investments in bitcoin and blockchain technology startups amounted to $550 million compared to almost no investment in 2012. According to CB Insights, post-2012 total funding has risen five percent, from $524 million in 2015 to $550 million in 2016. Yet, while some may consider this a small increase, the total funding amount has increased significantly from 2012 figures. Then only five deals, amounting to $1.3 million, were achieved. However, this was followed by two years of increased investments with 143 deals and $357 million invested....
Blockchain technology continues to command a fair share of venture funding for fintech, one of the hottest venture capital (VC) targets worldwide. While the number of deals and the total value of fintech VC investment ebbed in Q3 2016, activity is expected to rebound in the fourth quarter and in 2017, according to a global analysis of venture fintech funding by KPMG and CB Insights. The Q3 slowdown in VC fintech funding was due to the lack of $1 billion-plus mega-deals. The total dollars invested this quarter was also less than half of that in Q3 2015. But despite the recent quarterly....
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