加密货币风险投资热潮：资金激增和肆无忌惮的乐观情绪

加密货币和区块链领域的风险投资正在复苏，2024 年第一季度的融资额较上一季度增长了 25%。这种增长是由多种因素推动的，包括监管方面的胜利、对 DeFi 不断增长的需求以及该行业在最近的挫折中的恢复力。

Crypto Venture Renaissance: A Surge in Funding and Unbridled Optimism

加密货币风险复兴：资金激增和肆无忌惮的乐观情绪

In the realm of venture capital, the cryptocurrency and blockchain space is experiencing an unprecedented resurgence, with a staggering $2.52 billion raised in the first quarter of 2024 alone. This remarkable surge represents a 25% increase from the previous quarter and underscores a profound shift in sentiment from the arduous fundraising environment that has plagued the industry in recent years.

在风险投资领域，加密货币和区块链领域正在经历前所未有的复苏，仅 2024 年第一季度就筹集了惊人的 25.2 亿美元。这一显着的增长比上一季度增长了 25%，突显出近年来困扰该行业的艰难融资环境带来的情绪深刻转变。

Several key factors are fueling this renewed enthusiasm among investors. Groundbreaking legal victories for industry titans like Ripple and Grayscale have established a more favorable regulatory landscape, while the burgeoning demand for decentralized finance (DeFi) on platforms like Solana is captivating the attention of savvy investors.

有几个关键因素正在激发投资者的新热情。 Ripple 和 Grayscale 等行业巨头取得的突破性法律胜利建立了更有利的监管环境，而 Solana 等平台上对去中心化金融 (DeFi) 的需求不断增长，吸引了精明投资者的注意力。

The resilience of the crypto industry in the face of major setbacks – including the catastrophic collapse of LUNA Terra, BlockFi, and FTX – has demonstrated an unwavering staying power that has bolstered investor confidence.

加密行业在面对重大挫折（包括 LUNA Terra、BlockFi 和 FTX 的灾难性崩溃）时所表现出的韧性，展现了坚定不移的持久力，增强了投资者的信心。

This renewed optimism is driving a surge in deal flow across diverse sectors within the crypto startup ecosystem, including DeFi, SocialFi, and Bitcoin layer-2 growth. Venture capitalists are racing to keep pace with the influx of promising new ventures, with some firms reporting a staggering 10-20% increase in weekly deal flow compared to the previous quarter, according to TechCrunch.

这种新的乐观情绪正在推动加密初创生态系统内不同领域的交易流量激增，包括 DeFi、SocialFi 和比特币第二层增长。据 TechCrunch 报道，风险投资家正在竞相跟上有前途的新企业涌入的步伐，一些公司报告称，与上一季度相比，每周交易量增长了 10-20%。

The convergence of crypto with artificial intelligence (AI) is also gaining considerable traction. Innovative modular and AI-integrated blockchains like 0G Labs and Io.net are securing substantial funding to advance their game-changing platforms.

加密货币与人工智能（AI）的融合也获得了相当大的关注。 0G Labs 和 Io.net 等创新模块化和人工智能集成区块链正在获得大量资金来推进其改变游戏规则的平台。

"The fusion of blockchain technology with AI is an innovation that is igniting a transformative shift towards more intelligent and autonomous systems," said Garrison Yang, Chief Marketing Officer at Io.net. "This convergence unlocks new possibilities, enabling smart contracts to evolve into active frameworks that respond intelligently to real-time data and changes, driving unprecedented efficiency and scalability across industries."

Io.net 首席营销官 Garrison Yang 表示：“区块链技术与人工智能的融合是一项创新，正在引发向更加智能和自主的系统的变革性转变。” “这种融合释放了新的可能性，使智能合约能够演变成主动框架，智能地响应实时数据和变化，推动各行业前所未有的效率和可扩展性。”

This highly competitive landscape among venture capitalists has created a founder-friendly market, where investors are actively pitching their value to secure allocations in oversubscribed funding rounds. The trend is particularly prevalent in sectors with technological intersections, such as crypto mining. BlockDAG, a rising star in the blockchain arena, recently raised an impressive $21 million over the first 20 days of its ongoing funding round.

风险投资家之间高度竞争的格局创造了一个对创始人友好的市场，投资者积极推销自己的价值，以确保在超额认购的融资轮次中获得分配。这种趋势在技术交叉的领域尤其普遍，例如加密货币挖矿。 BlockDAG 是区块链领域的后起之秀，最近在其正在进行的融资轮的前 20 天内筹集了令人印象深刻的 2100 万美元。

"The substantial investment in our early stages underscores the broader market enthusiasm for innovative solutions in crypto mining, which continue to drive scalability and efficiency across blockchain technologies," stated Charlie Lee, a member of BlockDAG's Advisory Board.

BlockDAG 顾问委员会成员 Charlie Lee 表示：“我们早期阶段的大量投资凸显了更广泛的市场对加密货币挖矿创新解决方案的热情，这些解决方案将继续推动区块链技术的可扩展性和效率。”

This influx of capital signifies a robust confidence in BlockDAG's unique position within the evolving landscape of blockchain and its applications.

这种资本的涌入表明人们对 BlockDAG 在不断发展的区块链及其应用领域中的独特地位充满信心。

Furthermore, companies are once again exploring token issuance as a means of fundraising, marking a shift from the post-Terra/LUNA collapse era when most seed deals were funded through traditional equity instruments. The rising interest in IDOs (initial DEX offerings) and similar models is driving this trend, as these platforms offer immediate liquidity and a broader investor base without the intermediation of conventional financial structures.

此外，公司再次探索代币发行作为融资手段，这标志着 Terra/LUNA 崩溃后时代的转变，当时大多数种子交易都是通过传统股权工具融资的。人们对 IDO（首次 DEX 产品）和类似模式的兴趣日益浓厚，正在推动这一趋势，因为这些平台无需传统金融结构的中介即可提供即时流动性和更广泛的投资者基础。

While some venture capitalists remain cautious about the long-term performance of these tokens, the market is witnessing increased experimentation with tokenomic models. According to TokenMinds, this resurgence in token-based fundraising reflects a significant evolution from earlier fundraising methods, emphasizing the need for strategic tokenomics and community engagement to ensure success and sustainability.

尽管一些风险投资家对这些代币的长期表现仍然持谨慎态度，但市场正在见证代币经济模型的实验不断增加。据 TokenMinds 称，基于代币的筹款活动的复苏反映了早期筹款方法的重大演变，强调了战略代币经济学和社区参与的必要性，以确保成功和可持续性。

Looking forward, the crypto venture space is poised to continue its upward trajectory throughout the remainder of 2024. The upcoming Bitcoin halving in 2028 has generated a mix of uncertainty and optimism. Historical data suggests that past halving events have propelled the price of bitcoin, but the future remains uncertain. Nonetheless, many venture capitalists are bullish on the next three quarters, anticipating positive gains in financial markets during the election year and improvements in the macro environment.

展望未来，加密货币风险投资领域有望在 2024 年剩余时间内继续保持上升趋势。即将到来的 2028 年比特币减半带来了不确定性和乐观情绪。历史数据表明，过去的减半事件推动了比特币的价格上涨，但未来仍然不确定。尽管如此，许多风险投资家仍看好未来三个季度，预计选举年金融市场将出现积极增长，宏观环境也会有所改善。

Regulatory developments continue to be a wild card in the crypto industry, with the potential to either catalyze further growth or hinder progress. Positive progress on the regulatory front, coupled with real on-chain momentum, institutional-based product launches, and an improved macroeconomic environment, could lead to "frenzy levels of deployment," according to industry experts.

监管发展仍然是加密货币行业的一个不确定因素，有可能促进进一步增长或阻碍进步。行业专家表示，监管方面的积极进展，加上真正的链上动力、基于机构的产品发布以及宏观经济环境的改善，可能会导致“疯狂的部署水平”。

As the crypto industry emerges from the shadow of FTX, limited partners (LPs) are gradually warming up to the space once again. However, some LPs are differentiating between 'crypto' and 'crypto venture,' potentially leading to a focus on Bitcoin exposure rather than broader crypto investments. Traditional venture capital firms and crossover funds are cautiously re-entering the market, and their increased participation could further fuel the frothiness of the crypto venture sector.

随着加密货币行业走出 FTX 的阴影，有限合伙人（LP）再次逐渐升温。然而，一些有限合伙人正在区分“加密货币”和“加密货币风险投资”，这可能导致他们将重点放在比特币投资上，而不是更广泛的加密投资上。传统风险投资公司和交叉基金正在谨慎地重新进入市场，他们的参与度增加可能会进一步加剧加密货币风险投资领域的泡沫。

In conclusion, the crypto startup world is experiencing a remarkable resurgence, with millions of dollars pouring into promising startups. The Bitcoin halving, regulatory wins, and growing investor confidence are fueling market optimism. As venture capital firms raise new funds and accelerate deployments, the industry is poised for significant growth in the coming quarters. While challenges and uncertainties remain, the resilience and innovation of the crypto industry continue to attract investors seeking to capitalize on the next wave of technological disruption.

总之，加密货币初创公司世界正在经历显着的复苏，数百万美元涌入有前途的初创公司。比特币减半、监管胜利以及投资者信心的增强正在激发市场的乐观情绪。随着风险投资公司筹集新资金并加速部署，该行业有望在未来几个季度实现显着增长。尽管挑战和不确定性仍然存在，但加密行业的弹性和创新继续吸引着寻求利用下一波技术颠覆浪潮的投资者。