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Crypto Funding Recovers, IPOs Uncertain, Developer Activity Grows
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Overview
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Crypto venture capital funding is showing signs of recovery with a focus on real-world use cases and infrastructure. However, the industry still faces a decline in the value of venture capital investment. IPOs in the crypto space are uncertain, with potential timing in the second half of 2024. Despite the challenges, developer activity in the web3 space is growing.
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How might the uncertainty surrounding IPOs in the crypto space impact the industry's growth?
What are some specific examples of real-world use cases and infrastructure projects in the crypto space?
What factors are contributing to the decline in the value of venture capital investment in the crypto space?
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