In recent years, with the supervision and punishment of the ICO and other illegal fund-raising chaos, the blockchain project has been squeezed out of a lot of bubbles, and the industry after the slimming has embarked on the path of standard development. However, the “sequel” of the blockchain industry after the sudden braking has been fully demonstrated, with the outstanding performance of the financing scale falling sharply. According to the incomplete statistics of the Zero Think Tank, in the first half of this year, there were more than 200 financing events in the global blockchain industry, with a total financing of more than 16 billion yuan, a sharp drop from the previous month, and the financing amount fell by more than 70%.
However, on the whole, except for a few months, this year's blockchain financing has shown a monthly upward trend, and the signs of industry recovery are obvious. In terms of China's blockchain financing situation, the domestic blockchain financing amounted to 2.6 billion yuan in the first half of the year, and the number of financing was 71. Among them, Beijing, Shanghai and Guangdong provinces had the most financing events. Beijing, Shanghai and Guangdong have always been areas with strong technical support for blockchain.
Some insiders commented on the "Securities Daily" reporter that the blockchain financing environment is affected by multiple factors, and the industrial base, talent base and Internet development are also important factors. The degree of development of related industries affects the process of blockchain landing, and the talent base directly affects the quality of blockchain project teams. In addition, relatively complete Internet infrastructure will also build a good development platform for blockchain technology development.
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The largest amount of financing in May, accounting for about 50% of the first half of the year
Overall, the global blockchain financing market was not prosperous in the first half of 2019. According to the incomplete statistics of Zero Zhi think tank, from January to June 2019, there were 216 financing events in the global blockchain industry, with a total financing amount of 16.537 billion yuan. Compared with the hottest period of the blockchain in the second half of 2018, the amount of financing in the first half of 2019 fell by 34.15%, and the total amount of financing shrank by nearly 73.51%.
Judging from the distribution of monthly financing amount, the biggest feature of the first half of the year was the surge in blockchain financing in May. According to the data of Zero Think Tank, the amount of financing in a single month in May was 7.979 billion yuan, accounting for 48.25% of the total financing in the first half of the year. Except for this huge financing, the financing amount in the first half of 2019 was stable overall, except for no more than 2 billion in January. yuan. For this reason, the analysis of the Zero Think Tank said that this situation was mainly due to the release of the platform currency LEO by Bitfinex, a well-known cryptocurrency exchange in May, and a $1 billion financing through private placement of institutions. "Bitfinex's round of financing was mainly due to the freezing of Bitfinex's bitcoin assets by multinational regulators, which put pressure on acceptance, and then again in crisis by stealing Tether's USD 850 million USDT reserve."
It is worth noting that from the perspective of quarterly and monthly financing growth, the blockchain financing market is quietly picking up.
According to the data of the Zero Think Tank, from the quarterly data, the number of financing projects in the first quarter of 2019 was 73, accounting for 33.8% of the total financing in the first half of the year; the number of financing projects in the second quarter was 143, accounting for 66.2%. The monthly growth rate was 95.89%. From the monthly data, the blockchain project financing situation deteriorated rapidly in the second half of 2018. The number of blockchain project financing in September was halved compared with October, and basically remained at 30 per month. about. However, since the beginning of 2019, especially since March, the number of blockchain project financing has rebounded from 18 to 27, and in April and May it has remained above 40. In June, it was the first time since August last year. The monthly blockchain financing event exceeded 50.
Beijing financing amount, more than half of the country
Worldwide, the number of blockchain financing in China and the United States leads the world. It is reported that the number of blockchain financing events in China and the United States is far ahead of other countries, with 71 and 64 respectively; Britain and Singapore are ranked second, with 19 and 14 respectively; and 6 in Switzerland; There were 4 cases in Japan, France and Germany, and 3 cases and 2 cases in South Africa and Spain respectively.
From the perspective of domestic financing, Beijing, Shanghai and Guangdong provinces are far ahead, and it is the most active area for blockchain financing. Zero-digit data shows that in the first half of this year, Beijing’s number of domestic blockchain financing events dominated, becoming the region with the most blockchain financing events in China, reaching 36, more than 50% of the country; Shanghai and Guangdong were respectively 9 The number of financing events from the beginning and the seventh has been ranked second and third.
The "Securities Daily" reporter also noted that the blockchain financing activity is closely related to the local support policies. Beijing, Shanghai, and Guangdong are also provinces and cities that support the blockchain time earlier and more vigorously.
It is reported that the Beijing regulatory authorities have been paying attention to blockchain technology since August 2016. According to incomplete statistics, in the past three years, five related policies have been introduced to promote the development of blockchain technology standards; the relevant departments of Shanghai have paid attention to blockchain technology earlier, and at least two times mentioned the blockchain in the policy, such as In March 2017, Shanghai Baoshan District Development and Reform Commission issued the “Key Points of Financial Services Work in Baoshan District in 2017”, which was followed up to track the construction of the blockchain incubation base for temples and the construction of the Shanghai Internet Finance Evaluation Center.
In Guangdong Province, the blockchain technology was also included in the policy time. Shenzhen City issued a document in November 2016 to encourage the exploration of blockchain technology. At the same time, Guangdong Province has also strengthened its blockchain technology. According to the statistics of inter-chain pulse, in the first half of 2019, Guangdong Province issued 12 policies to support blockchain. At the beginning of 2019, the Guangdong Provincial People’s Government also issued a notice on further promoting various technological measures for scientific and technological innovation, including Technology such as blockchain is supported in the financial sector. In addition to the support policy information proposed by Guangdong Province, there are 7 in Guangzhou, 3 in Shenzhen, and 1 in Foshan.
Apart from policy support, the industrial base, talent base and Internet development level of the first-tier provinces and cities are also important factors affecting blockchain financing.
Financing requires a relatively large base of startups. In this regard, in addition to policy support, the industrial base, the talent base, and the degree of Internet development are also key factors. Yu Rui, chief analyst of Chain Tower think tank, analyzed the reporter of Securities Daily. On the one hand, the relevant industries in the first-tier provinces and cities are developed, and the soil for the application of blockchain technology is more abundant; on the other hand, from the current block in China. According to the characteristics of the chain talent market, the high-quality talents required by the blockchain project team, including finance and technology research and development, are mainly attracted by the surrounding related industries. Therefore, the accumulation of talents and the development of the market will also affect the development of blockchain. Again, the degree of Internet development is a relatively comprehensive perspective, which means that local industry information, Internet foundation, supporting facilities and industrial chain are relatively complete, and first-tier cities will provide a good foundation for blockchain entrepreneurship.
The article was transferred from the Securities Daily
Reporter: Xing Meng