Web 3.0 coin projects continue to be one of the most valuable considerations in the market in recent years. The projects behind many Web3-focused cryptocurrencies are therefore receiving millions of dollars in investment from various companies. In this article, we will talk about projects that have recently received investment. Here are the details…
Web 3.0 coin projects gain momentum
There is no widely accepted recipe for Web 3.0. Different people ascribe different ideas to this phrase. Initially, Web 3.0 was called the “Semantic Web”, which aimed to make the Internet machine-readable. Instead, Web3 refers to a decentralized version of the Internet. In 2014, Gavin Wood, one of the co-founders of Ethereum and the creator of Polkadot, coined the term Web3. A few years later, he founded the Web3 Foundation to create “a decentralized and fair internet where users control their own information, identities, and destinies.”
In recent years, the interest in web3 has increased alongside the metaverse rush. The interest in the word has caused many venture capitalists to pour money into these projects. Large companies make a name for themselves in various investment types and are at the forefront of the multi-million dollar fundraising process. Recently, the project that received the most investment was Uniswap (UNI). Koindeks.com As we have also reported, Uniswap is a decentralized exchange (DEX). In the past weeks, Uniswap Polychain Capital has raised a total of $165 million from Paradigm and a16z.
Million-dollar investments attracted attention
On the other hand, Celestia Web3, received $55 million in investments from major investment arms such as Polychain Capital and Coinbase Ventures. Another web3 platform called Tatum has raised a total of $41.5 million from industry giants such as Octopus Ventures, Leadblock and Circle. Evmos raised $27 million led by Polychain Capital. Shardeum, on the other hand, received an investment of $ 18.2 million.
On the other hand, Chainsafe earned $18.8 million and Stardust $30 million. Finally, Golden, nxyz and Horizon closed the month of October on a positive note with their 40 million dollar investment variants. Web3; It excels in MetaFi and gaming. Additionally, Web3 has the potential to help creators monetize their hard work. It can develop projects that provide this. For this reason, the eyes of investors and large companies have been on web3 projects for a while.