angel investor

RootData releases the top 50 Web3 angel investors list, featuring Balaji, Sandeep, Sandiago, and others

ChainCatcher news, according to statistics and analysis from the crypto asset data platform RootData, from August 2023 to the present, market financing events have risen in tandem with secondary market trends, with financing rounds decreasing by 10% compared to the peak Bitcoin price in November 2021. During the same period, the monthly financing amount has consistently remained at the "pressure level" of $1 billion, a decline from the previous bull market peak financing amount of $6.12 billion to $1.01 billion, a decrease of approximately 83%. The data indicates that in this bull market cycle, project valuations have been corrected, while the demand for project financing has increased, but the difficulty of financing has also expanded. Additionally, the fundraising and exit pressures on institutional investors are continuously rising, so the participation of Web3 angel/individual investors will help support more early-stage Web3 entrepreneurs and project innovations.RootData has released a list of the top 50 Web3 angel investors over the past year (from August 1, 2023, to August 1, 2024) based on factors such as investment activity and influence. Among them, the top 10 angel investors with the most investments in the past year have collectively participated in investments totaling $1.88 billion (this data is based on total project financing amounts), participating in a total of 234 financing events. These investments are mainly distributed across infrastructure (15.9%), DeFi (9.2%), and GamFi (8.3%). The new track AI accounts for 4.7%, higher than the modular (2.6%), LSD (2.1%), DePIN (1.13%), and RWA (0.75%) tracks that institutional investors are more focused on.In the past year, Polygon co-founder [Sandeep Nailwal](https://www.rootdata.com/zh/member/detail/Sandeep Nailwal?k=MTI5MjU=) has been the most active with 39 investments, participating in Berachain's $100 million Series B financing, as well as financing for well-known projects like Ether.Fi, Succinct, and Movement. Solana co-founder and CEO [Anatoly Yakovenko](https://www.rootdata.com/zh/member/detail/Anatoly Yakovenko?k=OTAyMw==) has invested in 12 infrastructure track projects in the past year, accounting for 26% of his total investment count. Notable angel investor [Balaji Srinivasan](https://www.rootdata.com/zh/member/detail/Balaji Srinivasan?k=MTI5MjI=) has made 24 investments in the past year, with a total investment amount of $230 million (this data is based on total project financing amounts), showing significant interest in AI and tool-related projects. Renowned NFT collector dingaling has participated in financing events for over 30 different segmented track projects in the past year, with the GamFi track accounting for 48% of his total participation financing amount (this data is based on total project financing amounts).

The cross-chain communication project Zeus Network announced its lineup of angel investors, including co-founders from Solana and Stacks

ChainCatcher news, according to official sources, the communication layer between Bitcoin and Solana, Zeus Network, has announced its angel investor lineup, which includes Solana co-founder Anatoly Yakovenko, Mechanism Capital founder Andrew Kang, and Stacks co-founder Muneeb Ali, among others. The venture capital lineup has not yet been disclosed.Zeus Network, as a permissionless layer connecting Solana and Bitcoin, enables dynamic and secure composability, creating a decentralized ecosystem. Since liquidity providers on each chain do not receive liquidity from another chain, the assets provided on each chain are protected by their respective protocols. It is currently participating in the Jupiter LFG Launchpad voting, having secured over 50% of the votes, demonstrating its immense potential as the first launch project on Jupiter.Zeus Network founder and CEO Justin Wang stated, "The strong team culture at Zeus Network allows us to realize unique technologies worldwide. Through Zeus Network, we lock in Bitcoin with a circulating value of over one trillion dollars in the market and achieve unprecedented cross-chain liquidity, creating more use cases and revenue. Solana and Bitcoin will be our first step, with plans to expand to more blockchains in the future."Justin also revealed that the Zeus Network token issuance may occur at the end of March.
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