0xPivot

  Between 2021 and 2022, the Web 3.0 investment landscape experienced explosive growth, with investments totaling an astounding $94 billion across various sectors. Much of this funding went into financial market infrastructure—what we colloquially know as DeFi (Decentralized Finance). Much of this activity was concentrated in 2021, as the influx of capital seemed limitless. However, by the end of 2022, the tide shifted, and funding saw a sharp decline of 78%, largely influenced by market events such as the collapse of FTX. Despite this market correction, the appetite for Web 3 funding remains substantial. Investors and institutions continue to explore alternate opportunities as they look beyond traditional markets. This evolution reflects a broader trend in which the Web 2.0 actively seeks decentralized solutions and investments. Web3 Funding Trends: 2021 to 2023 Over the past three years leading into early 2023, nearly 5,000 new Web 3 startups successfully raised capital. How...

Introduction   The decentralized social (DeSo) sector is a fascinating evolution of social media, moving from the limitations of Web 2.0 to the dynamic possibilities of Web 3.0. This transformation is spearheaded by innovative concepts like SocialFi and DeSoc, supported by the work of web3 accelerators and web3 startup accelerators . These initiatives are critical to fostering growth and innovation in the decentralized space, enabling Web 3.0 project acceleration and helping startups navigate this complex yet rewarding sector. The Current State of Social Media Social media has become an inseparable part of our lives, with over 4.88 billion active users by mid-2023. This growth highlights its dominance in the digital ecosystem, and platforms increasingly rely on centralized models to profit. However, the rise of crypto startup accelerators is challenging this model by nurturing solutions that emphasize decentralization and user ownership, paving the way for Web 3.0 project accele...