Web 3 funding: July 2020 in numbers
It’s August and everyone in Europe seems to be on holiday. The summer tends to be a dead season, but this year’s July fundraising numbers proved us wrong. Founders and investors were busier than ever in the UK, Europe and the US. Continuing the tradition I am looking into the fundraising data for the second quarter of the year to get a comprehensive view of the state of web3. I am doing this every month to see how the true effect of COVID-19 unravels in the Web 3 world in near real time across 5 charts. See Q2 2020 numbers here.
Our partnership with Dia Data
Dia Data was one of the star performers to come out of our Base Camp Accelerator (2019, Fall Cohort), an accelerator format we launched in the same year dedicated to transformational Web 3.0 businesses from around the world.
Web 3 funding: Q2 2020 in numbers
Over 100 days into lockdown and we are starting to open up. Time to draw the line for the short term implications of the pandemic on the Web 3 world.
Introducing the teams in the latest virtual cohort from our Web 3 accelerator programme Base Camp
After successfully transitioning Base Camp 2 to a fully virtual programme, triggered by COVID-19, we were inspired to launch this Summer’s cohort as fully virtual and were amazed by the response: receiving a record 250 applications from all over the world with increasing quality.
Blockchain Developer Report Q2 2020
In 2020, a new entrant secured a top 5 spot in share of smart contracts, dapps and daily active users. 3 top-20 protocols suffered greater than 50% declines in developer activity, and one protocol saw a meteoric 931% rise in core protocol development. At Outlier Ventures, we’ve indexed millions of commits across thousands of repositories to compile a report on blockchain developer activity over the past year.
Why you should apply to be a mentor for our Base Camp accelerator
Today we’re starting an open call for startup advisors, experienced professionals and investors to register interest in supporting our accelerator Base Camp.