Trammell Venture Partners Reports a 50% Surge in Bitcoin Startup Pre-Seed Transactions in 2024

output: Trammell Venture Partners recently reported that there has been a 50% surge in the number of pre-seed transactions for Bitcoin-related startups in 2024.

Trammell Venture Partners recently reported a 50% surge in pre-seed transactions for Bitcoin-related startups in 2024. The early stage boom in Bitcoin startups has been going on since 2021.

According to data from Trammell Venture Partners, there has been a 50% surge in the number of pre-seed transactions for Bitcoin-related startups in 2024. The early stage boom in startups building on Bitcoin (BTC) has been going on since 2021.

As reported by the venture firm, the number of pre-seed deals in the Bitcoin-native niche rose by 767% between 2021 and 2024. During this period, nearly $1.2 billion was invested in these projects.

However, funding into the Bitcoin startup venture was reduced by 22% in 2024 at Series B.

“With four consecutive years of growth at the earliest stage of bitcoin startup formation, the data now confirm a sustained, long-term venture category trend,” said managing director at Trammell, Christopher Calicott, in an interview with CNBC.

Calicott remains hopeful that the numbers will improve in the coming years.

“I’m more interested in the longer-term trend. It’s no coincidence that we’re seeing more interest in building on bitcoin at the same time that there’s been a huge surge in activity around AI and other emerging technologies,” he added.

“Serious people no longer question whether bitcoin will remain 15 or 20 years into the future. So the next question becomes: Is it possible to build what the founder is trying to achieve on Bitcoin? Increasingly, the answer is yes.”

Many in the cryptocurrency community are looking at the technological niches to find the best crypto to buy now. As a result, more than a few options have emerged among the presale cryptos.

Which is the Best Crypto to Buy Now with Bitcoin Startups on the Rise?

Since technological aspects give long-term value to cryptocurrency projects, cryptocurrencies powering utility-based ecosystems are in demand.

SUBBD

The world has been moving towards a creator-centric economy for the past many years. However, traditional platforms for creators always take a large cut of the profits, making it unappealing. SUBBD is a cryptocurrency project powering an ecosystem that empowers the next generation of creators.

Think of OnlyFans, but more decentralized and dedicated to creators.

According to the official website, the platform has been designed to give creators and fans the Web3 tools to connect directly with the audience and share exclusive content.

The native crypto of the project, $SUBBD token, will offer multiple incentives to creators, including lower fees, early access to special AI-driven tools, and more, all to ensure that creators are able to fully earn from their content.

Holders of the token will also get access to staking benefits, including live streams, credits, and more. Additional discounts are also available on subscriptions, and with multipliers, a gamified element is added.

With SUBBD, the idea is for the creators to focus more on content creation and less on management. Artificial Intelligence will take the reins of the management while users will be able to get their hands on exclusive content while also getting close to their favorite creators.

And much like Christopher Calicott’s optimism about the technologically charged cryptocurrencies getting attention, SUBBD will also introduce AI influencers in the future, letting people design their own AI-driven content and earn from it.

The presale for the $SUBBD token is now live and investors seeking projects with long-term profit potential should consider giving it a try. It is unique enough to warrant attention, and is familiar enough to understand.

Mind of Pepe

Mind of Pepe has generated buzz in the utility and AI niche of the cryptocurrency space thanks to its not-so-unique approach to meme coins, but a unique approach to AI agents. This meme coin project blends AI perks and meme coin perks seamlessly, giving it a strong technological backbone that could allow it to thrive for the long term, and viral potential that could let it consolidate its position among the top meme cryptos.

The project’s core functionalities include getting access to deep market insights, trading alpha calls, token deployment features, and an AI agent that engages with the meme coin community on its own terms.

Developed by Elvora lab, this crypto startup already started to work on fine-tuning the AI agent, with the project’s official Twitter account relaying information about what has already been done to date.

Crypto YouTubers also have a bullish perspective on Mind of Pepe. While there aren’t many recent videos discussing the project, there are some, like the following one by ClayBro, that claim that Mind of Pepe could lead the AI agent niche.

The AI agent niche part of this topic is very important since while conversations around it within the crypto economy