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How Funding and Strategic Partnerships is Driving the Web 3 Movement

Published 08/04/2022, 10:42 AM
Updated 08/04/2022, 08:00 AM
How Funding and Strategic Partnerships is Driving the Web 3 Movement

According to a report by Emergen Research, the Web 3 market hit $3.2 billion in 2021 and is projected to hit a whopping $81.5 billion by 2030. The growing potential of the Web 3 market has attracted the attention of VCs in the blockchain space. A report by Cointelegraph revealed that Web led the VC funding in blockchain in the Q2 of 2022.

As a new frontier in the blockchain space, Web 3 funding and strategic partnerships have played a crucial role in driving the market. Without the finance and right alliances, many of the Web 3 projects we hear about today wouldn't have made it. This article will explore some of the top Web 3 projects making waves with the right partnerships and funding.

ViCA Token Partnership with Octoverse

On the other hand, Octoverse is an innovative NFT project with utility ready before launch. The platform is designed to give power back to the creators and artists. The traits of its dynamic NFTs change based on players' performance; hence they will become rarer as players play the series of NFT games within the Octoverse ecosystem.

2. Polygon Partnership with Web3bridge
Ethereum

3. GuildFi and Binance Smart Chain

4. QuickNode Partnership with Algorand

5. Alchemy Partnership with Solana

Conclusion

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