From last week’s investment and financing data (13 projects in total), the main investment directions include Web3 infrastructure (6), Game (4), DeFi (2), NFT (1), and Metaverse (1). Among them, Web3 infrastructure projects are favored by crypto-investors, with investments from well-known companies such as PayPal Ventures, Galaxy Digital, Coinbase, Uniswap, etc.; game projects are also in the spotlight, such as Azra Games and Kratos, both of which have received investments from well-known VCs. Finance, which addresses impairment losses in liquidity provision and offers diversification and yield; the NFT project NeoSwap AI and the Metaverse project Worldwide Webb, which have also received investments, respectively.

In the tide of encryption technology, Crypto Review came into being. Initiated by cryptogram venture (CGV)FoF, with the purpose of “providing in-depth value reference for global encryption practitioners,” crypto review is committed to providing detailed industry insights, the best investment and research practice guidance to encryption professionals and enthusiasts all over the world, And expand the positive impact of encryption consensus on more institutions and the wider population.

2022 is a highly unusual year for the crypto industry. With the collapse of Luna/UST as the starting point, prominent institutional participants such as 3AC and FTX have taken a heavy toll one after another and coupled with the severe macro-financial environment “deleveraging” impact. The crypto industry has suffered a long cold winter. However, many investment institutions are still unswervingly optimistic about the application prospects of crypto and Web3. With a long-term vision, they actively carry out business layouts “countercyclically.”

The crypto-asset market is off to an impressive start in 2023, with January on-chain metrics already showing greater growth and activity. Looking at last week’s statistics (8 projects in total), DeFi (2) project pitches are starting to recover, NFT (1) and Game (2) projects still have a lower number of financings compared to the previous quarter, and Web3 infrastructure projects (3) are the main direction of financing. CGV summarizes a week’s worth of noteworthy investment and funding information for the crypto market, as follows for the global crypto market from January 30, 2023 to February 5, 2023.

With the temporary recovery of the crypto market, Web3 funding and developers in all tracks are active. From last week’s statistics (10 projects in total), Web3 infrastructure projects (5) were the main direction of funding, while the number of funding for NFT (1), Metaverse (1), and Web3 application (3) projects started to pick up. CGV summarizes a week of noteworthy investment and funding information in the crypto market, as follows for January 23, 2023 to January 29, 2023 in the global crypto market.

Shigeru, CGV Research

By: Vargason, CGV Research Fellow

On August 5th, Japan’s first Web3 Hackathon, the event details of “Tokyo Web3 Summer Hackathon (TWSH)”, was officially announced.

On July 20, 2022, Cryptogram Venture (CGV) announced that “Tokyo Web3 Summer Hackathon (TWSH)”, the first Web3 hackathon in Japan initiated by CGV and supported by experts from institutions such as Ministry of Education, Culture, Sports, Science and Technology (MEXT), Keio University, Sony, Softbank, Asia Blockchain Gaming Alliance (ABGA), Cointelegraph Japan (CTJ), will be held soon.