Singapore Web3 Ecosystem Overview report [September 2022]
Today, Cryptomeria Capital, together with partners HashKey Capital, NGC Ventures, MarketAcross, Rising Capital, Tribe, SkyArk Studio, ByteTrade and Alchemy Pay releases a brand-new report: Singapore Web3 Ecosystem Overview.
Given Singapore’s growing prominence as a crypto and blockchain powerhouse, it’s becoming critically important for stakeholders in the region — and beyond — to understand the nature of the digital economy on the island. Although we encourage you to dive into the full version of the report, here are a our key takeaways:
- Liquidity is King: Singapore’s well-developed banking and financial infrastructure provides crypto companies with easier access to the needed liquidity.
- Reliability is Queen: Singapore is a great example of a government looking to streamline the sector and encourage crypto development within the scope of utility and client safety requirements.
- Projects are Land: many of the top web3 and DeFi projects are based in Singapore, including such giants as Kyber Network, Ocean Protocol, Ren Project, Enjin platform and others.
Our new research is packed with insights from our partners. Check out a select few:
The report brings to the table a whole new comprehensive outlook on the region’s impressive metrics and blockchain landscape. Enhanced with a wealth of visualizations and a list of all the relevant market players, it is a must-read for everyone looking to enter Singapore’s Web3 ecosystem and market.
The report is AVAILABLE IN FULL HERE
Cryptomeria Capital is a crypto fund backed by blockchain industry experts. The focus is exclusively on ventures, tokens, and projects related to blockchain technology and crypto assets. The firm has a corporate partnership with Axon Partners Group, an international consulting and investment firm that has backed over 50 companies and trades on the BME Growth Market under the ticker “APG”.
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