Asia is becoming a battleground for startups and — indirectly — for VCs (venture capitalists) and investment funds focused on the potential of blockchain, decentralized finance (DeFi), and Web3.
In the face of regulatory uncertainty, technical challenges, user adoption issues, and a lack of access to suitable funding, Web3 startups begin with multiple hurdles to overcome. VC funding can help these Web3 startups hit the ground running, playing a critical role in enabling adoption and growth as the financial backers of startups. According to recent data from Nasdaq, tech investments in Asia, encompassing China, India, and Southeast Asia, soared to $146 billion in 2022. Another report from Bloomberg forecasts Southeast Asia’s booming internet economy will double to $363 billion by 2025. This article will dive into the role of VCs in the Web3 space, how they help startups to grow, and the creative strategies employed by Asian VCs when appealing to Web3 investors. Source: Forbes
0 Comments
Leave a Reply. |