Web3 and ICO Hype: November 2024 Snapshot


The continuous attraction of huge funding and attention to the Web3 space reflects its dynamism and growth across industries. Here is what is new:


Funding Highlights


• Web3Intelligence closed a private funding round of $4.5 million, with a utility token that would underpin compliance support and premium features in DeFi platforms.

• Gelato Network secured $11 million for the development of blockchain automation tools for developers.


ICO Landscape


Several projects have launched tokens targeting sectors like decentralized finance, healthcare, and trading, with token prices ranging from $0.10 to $0.30.


Current Trends


Increased focus on integrating compliance tools into Web3 applications, such as Anti-Money Laundering (AML) solutions on-chain.

Growing adoption of Web3 innovations across diverse industries, signaling ongoing momentum in decentralized finance and blockchain ecosystems.


These also underpin the lively investment and experimentation in the space of Web3, inscribing its frontline position in the blockchain world.

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I help Web3 projects secure funding through ICOs. Over 300 clients and $20 million raised.


Photo: kjpargeter

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