Market Map: VCs rush to collect NFT startups
Few technologies have captured the interest of venture capital investors as forcefully as blockchain. In the past year, that enthusiasm has led to a funding frenzy for startups utilizing NFTs.
Total funding for NFT companies may lag behind more established applications like crypto trading, but startups that have shown early success in the space—including Dapper Labs, Forte and Sorare—have attracted hundreds of millions in VC dollars in short order.
The market map below outlines the VC ecosystem for blockchain globally. You can explore the NFT segment by clicking on the colored tile in the interactive chart.
This article originally appeared on PitchBook News
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