🧠Unmissable Blockchain trends from token 2049 and Breakpoint
🧠Unmissable Blockchain trends from token 2049 and Breakpoint
and fundraising ressources you need💰
Today's Agenda...
Discover the key insights from Token2049 and Breakpoint 2024 that will shape the future of Web3 projects! 🚀🌐
Unlock 5 powerful resources to ace your Web3 fundraising and secure the backing you need to grow! 💰✨
⏰ Reading Time: 5 min
Join the Web3 Leaders Community
From RWAs to Solana: what Token2049 and Breakpoint revealed ?
This september , two of the most significant blockchain events of the year, Token2049 and Breakpoint both in Singapour, brought together industry leaders, developers, and innovators to discuss the future of Web3. Keep reading to discover the trends shaping the industry.
1. Confirmations trends
Stablecoins and financial integration
Stablecoins remain central to blockchain, particularly in cross-border payments and remittances. Over $2.6 trillion in transactions were settled via stablecoins in 2024 alone, reflecting their crucial role in bridging traditional and decentralized finance. Platforms like PayPal and Société Générale are expanding their stablecoin offerings on Solana, cementing this as a trend to watch(Fireblocks)(Binance).
The VISA onchain analytic tool, times are changing :
source : https://visaonchainanalytics.com/
Institutional adoption
Institutional interest in blockchain continues to grow. At Breakpoint, financial giants like Citibank and Franklin Templeton announced their involvement with Solana, reinforcing that institutional players view blockchain as a viable tool for financial products, including tokenized securities and stablecoins(Powerledger)(Collective Shift).
Security is paramount
With over $1.2 billion lost to hacks in 2024, security remains a critical priority for blockchain projects. Developers must invest in rigorous security protocols, especially as regulatory scrutiny increases (21Shares - Crypto Made Easy)(Powerledger).
2. Emerging trends
Real-World Asset Tokenization (RWAs)
The tokenization of real-world assets is quickly gaining traction, offering opportunities for both institutional and retail investors. However, regulatory hurdles and market maturity remain significant challenges. Discussions at both Token2049 and Breakpoint emphasized the need for retail adoption to drive RWAs to mainstream use (InvestaX)(Powerledger)(Binance).
source : https://www.anchain.ai/blog/real-world-asset-rwa-coins
Focus on consumer applications and VC Shift from infrastructure to Dapps
While infrastructure remains important, there’s a shift towards developing consumer-facing applications. Projects that are fun, simple, and engaging are increasingly seen as key to driving mass adoption, particularly in areas like gaming, social dApps, and DeFi. Venture capital is moving away from infrastructure investments toward decentralized applications. (Powerledger).
Solana’s continued growth and scaling
Solana continues to build on its momentum, with Breakpoint showcasing new partnerships and innovations, including a Euro-pegged stablecoin from Société Générale and the Firedancer validator client. This new technology promises to address scaling issues, making Solana more attractive for developers focused on DeFi, NFTs, and gaming(Powerledger)(Collective Shift).
3. Declining Trends
Ethereum’s scalability challenges
While Ethereum continues to dominate as a smart contract platform, its fragmented scalability solutions (especially Layer 2) are creating short-term challenges. As alternatives like Solana continue to improve performance and scalability, Ethereum’s position could face more pressure(Hashdex)(Binance).
We can see this duality on the markets prices :
Over-reliance on yield farming
The use of yield farming and short-term incentives, like airdrops and high APY races, to drive engagement is losing effectiveness. These mechanisms often fail to create long-term value, leading projects into a "death spiral" once the initial excitement fades(HackerNoon).
Infrastructure Saturation
Infrastructure development in blockchain has reached a saturation point. The focus is shifting towards building user-friendly applications rather than purely improving blockchain infrastructure. Projects that focus on entertainment and retail adoption are poised to thrive.
Conclusion
The 2024 editions of Token2049 and Breakpoint reflect a maturing blockchain ecosystem. Builders and developers should concentrate on emerging applications, real-world assets, and cross-chain interoperability. As institutional adoption and regulatory clarity evolve, there are clear opportunities for innovation, especially for projects that focus on delivering engaging, scalable dApps.
🚀 5 resources to nail your Web3 fundraising
As markets start to regain momentum and Web3 makes a powerful comeback (as we highlighted in our Token2049 and Breakpoint recap), it seems that it could be a better time to raise funds. To make sure you're ready, we've put together 5 essential resources that will help you ace your next funding round and secure the backing you need to grow.
1. Signal by NFX : the ultimate tool to find your web3 VC 🚀
Finding the right investor can be a maze, but Signal by NFX makes it a whole lot easier. With over 31,500 investors—4,161 of them focused on Web3—this tool is a game-changer for founders looking to match with the perfect VC partner. 🚀
From advanced search filters to a powerful intro network, Signal by NFX helps you discover, connect, and impress the right investors for your project. Create a free account and start targeting your Web3 fundraising efforts today. 🌐
📖 Read how to use it here
2. Use cryptorank to target the hot VCs and Angels 🎯
CryptoRank’s fundraising section helps you identify the most active VCs and angel investors in Web3. By tracking who’s currently investing, you can avoid wasting time on firms that aren’t engaged and focus on the ones actively looking for projects like yours.
📊 Access to cryptorank here
3. Revisit our very first edition: strategies to secure your Funding 🐻📈💰
In our very first Chain Reaction edition, we broke down some of the key strategies and resources that remain highly relevant today. If you missed it or want a quick refresher, it's a 10-minute read packed with precious insights that could make all the difference in your fundraising journey.
📖 Read it again here: First Edition
🗂️ Other useful resources : Top 400 Family Office Investors - provided by Aram Mughalyan & 29 Web3 VC - provided by Alchemy
4. Read the interview of Benjamin Lavergne - Investment principal at Consensys
Navigating Web3 funding? 🚀 Look no further than Benjamin Lavergne, Investment Principal at Consensys. His insights on team alignment, market timing, and strategic investors are must-reads if you’re serious about funding success. Benjamin's full interview will drop soon on Behind The Chain, so stay tuned! 👀
📖 Read his pieces of advice on early stage funding: Interview
5. Don’t forget non-dilutive funding, especially grants 🎁
Grants are a valuable, non-dilutive funding source that can boost your Web3 project without giving away equity. With over 200 active grant programs, founders should tailor applications to each program, showcasing traction and aligning with specific investment theses for better success.
📖 Read our previous edition on Grants here
🗃️Most Complete & Updated Web3 200 Grants List : here (provided by our partner 0xlabs)
Final thoughts
The fundraising landscape for Web3 is filled with challenges, but having the right resources can tip the scales in your favor. These 10 resources are designed to give you the tools, insights, and network you need to succeed. Ready to take the next step?
If you like our work, feel free to like and comment.
Follow us on Linkedin to keep up with all our news.
Disclaimer : The goal of this newsletter is to inform and produce content related to management in the world of Web3. It is not investment advice. Investments in crypto-assets and NFTs are risky and can result in the loss of your entire capital. Always conduct your own research and exercise caution.