RootData Q1 Web3 Industry Investment Report: Total financing exceeds US$2.5 billion, and DeFi financing increased by more than 100% year-on-year

According to ChainCatcher, RootData, a crypto asset data platform, released the "2024 Q1 Web3 Industry Investment Report". The main points are as follows:

-The total financing amount of the Web3 industry reached US$2.545 billion in Q1 2024, a year-on-year increase of 4.7%. Among them, the DeFi track was driven by popular sectors such as RWA and LSD, and the year-on-year and month-on-month financing amount increased by more than 100%.

-The number of projects that received investment in Q1 2024 increased by 10.5% year-on-year, and the infrastructure, DeFi and GameFi tracks attracted attention from the capital market. The total investment of the top ten institutions increased by 120% month-on-month, and OKX Ventures was the most active.

-AI, RWA, LSD, DePIN and other sectors are fully rotated, and users have a strong demand for finding hot investment targets. A total of 113 projects were selected in the RootData Top20 project hot search weekly list, of which 12 issued token projects showed a high correlation between their search popularity in RootData and the secondary market.

-During Q1, investment targets such as the "Sam Altman concept" appeared in the market and received great attention from the market. Trading clues based on popular figures are being paid attention to by more investors. As the Web3 industry becomes more mature and attracts more mainstream investors/entrepreneurs to enter, trading opportunities for figures/events will continue to emerge.