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While venture capital investment has decreased in many areas, it has increased in the blockchain industry. NFT application cases are expanding, and also blockchain and other upcoming technologies such as 5G, augmented reality, virtual reality, and artificial intelligence are coming together. This has given blockchain start-up funding a massive boost.
Despite the coldest crypto the blockchain industry has ever experienced, its potential hasn't stopped growing. Investors continue their blockchain start-up funding in 2022, expanding its applicability far beyond cryptocurrencies, NFTs, and any other unit as the metaverse makes greater inroads into the larger company. According to a survey, the number of blockchain start-ups in 2022 has continued to grow on a global scale. How do blockchain start-ups fare with abundant funding? Which start-ups are competing to advance and provide consumers and business leaders with more? In this article, we look at some of the top blockchain start-up funding of 2022.
Total Funding: US$ 6.5 Million
To help businesses create blockchain apps, Fluree offers a useful and well-known platform. Enterprise applications need extensive data storage and retrieval, which typical L1 or L2 blockchains are not designed for. This applies to the storage of metadata related to supply chain modifications or user data for a client's web application. The initial goal is defeated by the lack of comprehensive data management, which raises the cost and complexity of the systems that this blockchain was designed to streamline
Total Funding: US$ 7 Million
TabTrader, a cryptocurrency trading platform, has a significant decentralized finance investment (DeFi). TabTrader offers trading on around 40 exchanges and supports more than 12,000 digital instruments, providing users with access to a variety of trading instruments. TabTrader is focused on connecting end-users to numerous exchanges and enabling them to make trades in real time through its app
Total Funding: US$ 20 Million
According to MeetKai, the metaverse depends on maximizing accessibility and incorporating AI. The start-up has begun to map the entire planet inside its virtual environment to extend physical reality into the metaverse. With the ability to comprehend and retain genuine speech and negation queries, MeetKai claims to have the greatest AI on the market. This characteristic enables its open and inclusive metaverse.
Total Funding: US$ 20 Million
Virtually Human Studio (VHS) claims to be "pioneering the space, building immersive entertainment experiences that harness blockchain technology" as the importance and appeal of the metaverse continue to rise. The business makes use of cutting-edge, next-generation Web3 experiences to enable people and groups to understand the metaverse in their unique ways.
Total Funding: US$ 2.5 Million
With TransitNet, investors can convert cryptocurrency from a bearer asset to a registered asset, according to the company's promises. Additionally, it gives customers the option to generate a secure, independently verifiable record of ownership for cryptocurrency wallets. The core features are identifying who owns a cryptocurrency, confirming who owns a wallet, and securely sharing that claim of ownership with a third party
Total Funding: US$ 15 Million
A decentralized development framework called Constellation Network seeks to enhance the current digital infrastructure in the blockchain industry. The business accomplishes this using its patented "Hypergraph Network," which provides safe processing and data transfer to develop interoperability for connected sensors, devices, and blockchain nodes. In a world with more connection, centralized power, and concentrated danger, the firm claims to offer the only scalable, safe answer.
Total Funding: US$ 10 Million
Bitrefill developed a platform that enables widespread cryptocurrency use in an ecosystem that is frequently restricted to tech experts and enthusiasts. Users will be able to directly convert cryptocurrency into merchant balance using Bitrefill, a "crypto-only company," without creating an account or signing up.
Total Funding: US$ 22 Million
Aiming to connect conventional banking with cutting-edge financial solutions while improving simplicity and accessibility, BTSE is a global exchange for digital assets. BTSE claims that providing a solution that covers both digital assets and fiat currencies helps users to trade confidently. It serves leading crypto institutions as well as legacy businesses, neo-banks, and retail traders.
Total Funding: US$ 15 Million
Blocklords is a Web3-enabled AAA grand strategy multiplayer game developed by MetaKing Studios. With support from titans of the video game industry like GameStop, Bitkraft, and Makers Fund, the brand has demonstrated tremendous momentum in the market.
Total Funding: US$ 300.2 Million
To guarantee the security of both individual blockchains and the entire industry, CertiK assesses blockchain protocols and smart contracts. Identifying weaknesses in cryptocurrency exchanges, wallets, and decentralized applications, involves undertaking thorough security audits of smart contracts and blockchain code as well as safe and detailed attack simulations (dApps).
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
