CoinDesk Q2 2018 State of Blockchain Highlights
CoinDesk's Q2 2018 State of Blockchain sums up key trends, data and events of the past three months in over 100 slides of charts, graphs and useful facts.
CoinDesk’s Q2 2018 State of Blockchain brings together the key trends, data and events of the past three months in over 100 slides of charts, graphs and useful facts. The report also cites a 60+ question sentiment survey taken by over 1200 people.
Major cryptocurrencies were filled with negative market indicators for a second straight quarter. Most downtrends highlighted exchange activity, where volumes were down for most trade pairs.
But outside of the cryptocurrency market trends, use cases and developer work continued strong growth the past three months. Improvements are in place for both Bitcoin (Liquid Network) and Ethereum (Raiden) networks. Major corporations such as IBM, Walmart and many international banks submitted patents or implement processes related to the technology. Regulation continues to develop in the U.S., but Malta has showing complete adoption.
Statistical Highlights:
Where is the money coming from?
The report showcases the massive funding that is still coming into blockchain and cryptocurrency related projects, but also a strong differential between the top 4 ICOs and the top 4 traditional VC funding rounds in Q2.
EOS ($4.2B) finished their ICO and launched their mainnet. A blockchain competitor to Youtube TaTaTu ($575M) was funded by major investors like members of the Bacardi family. Basis ($133M) created a stablecoin through a process of creating and removing coins to induce or remove scarcity to maintain a consistent price. Orbs ($118M) developed a dapp on the Ethereum network that brings “consumer scale” capability for transaction frequency and volume.
The top four projects related to industry funded by VCs received significantly less funding in total. But this is primarily because of EOS. Bitmain ($300M) is a Chinese based company that created the first consumer-grade ASIC miner. Circle ($110M) introduced a platform for investing in top cryptocurrencies. Pintec ($103M) provides fintech services that include blockchain based applications. Paxos ($65M) offers primarily blockchain based financial services and runs itBit.
Follow us on Twitter, Facebook, Steemit, and join our Telegram channel for the latest blockchain and cryptocurrency news.
Sean Bourke
Researching, synthesizing and feeding off the energy of the blockchain space from Detroit MI, USA.
CoinDesk’s Q2 2018 State of Blockchain brings together the key trends, data and events of the past three months in over 100 slides of charts, graphs and useful facts. The report also cites a 60+ question sentiment survey taken by over 1200 people.
Major cryptocurrencies were filled with negative market indicators for a second straight quarter. Most downtrends highlighted exchange activity, where volumes were down for most trade pairs.
But outside of the cryptocurrency market trends, use cases and developer work continued strong growth the past three months. Improvements are in place for both Bitcoin (Liquid Network) and Ethereum (Raiden) networks. Major corporations such as IBM, Walmart and many international banks submitted patents or implement processes related to the technology. Regulation continues to develop in the U.S., but Malta has showing complete adoption.
Statistical Highlights:
Where is the money coming from?
The report showcases the massive funding that is still coming into blockchain and cryptocurrency related projects, but also a strong differential between the top 4 ICOs and the top 4 traditional VC funding rounds in Q2.
EOS ($4.2B) finished their ICO and launched their mainnet. A blockchain competitor to Youtube TaTaTu ($575M) was funded by major investors like members of the Bacardi family. Basis ($133M) created a stablecoin through a process of creating and removing coins to induce or remove scarcity to maintain a consistent price. Orbs ($118M) developed a dapp on the Ethereum network that brings “consumer scale” capability for transaction frequency and volume.
The top four projects related to industry funded by VCs received significantly less funding in total. But this is primarily because of EOS. Bitmain ($300M) is a Chinese based company that created the first consumer-grade ASIC miner. Circle ($110M) introduced a platform for investing in top cryptocurrencies. Pintec ($103M) provides fintech services that include blockchain based applications. Paxos ($65M) offers primarily blockchain based financial services and runs itBit.
Follow us on Twitter, Facebook, Steemit, and join our Telegram channel for the latest blockchain and cryptocurrency news.
Sean Bourke
Researching, synthesizing and feeding off the energy of the blockchain space from Detroit MI, USA.
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