Taking a look at how private investors are playing the NFT boom

Source Node: 1042175

August 24, 2021, 5:25AM EDT

• 5 min read

Quick Take

  • Year to date, the NFTs/Gaming vertical within the crypto sector has received nearly $1.5 billion in venture funding across 190 deals
  • Deal flow for the vertical increased roughly 113% from Q1 to Q2, and this quarter, it’s currently just one deal behind DeFi for the most funding deals of any vertical type
  • Alternative Layer-1 networks to Ethereum are also gaining traction with NFTs despite the limited infrastructure supporting their development

Join The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Already a Research Member? Login Here

Source: https://www.theblockresearch.com/taking-a-look-at-how-private-investors-are-playing-the-nft-boom-115392?utm_source=rss&utm_medium=rss

Time Stamp:

More from The Block Crypto