A comprehensive report on 2022 market conditions and a survey contributed by a vast number of investors reflected unexpected trends throughout the year.
The report was conducted by Coinwire in collaboration with TK Ventures, offering data-driven insights and global investor perspectives. Over 10 members of a team piloted the research and surveyed over 10,000 participants. The survey highlighted around 10 topics related to the cryptocurrency market and trends.
One of the key findings is that 66% of crypto investors have faith in Binance and its ecosystem.
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In terms of fundraising, the report found that Web3 was the category with the most conducted deals, while the majority of the money was invested in infrastructure.
According to the report, 31% of investors are on the same page in terms of rug pull projects leading to most hacks. In relation to that, most of the blockchain platforms lost up to 90% of their value due to collapses and failures.
BNB Chain and Polygon were believed to achieve mass adoption in the next year, with 57% and 46.8% of total investors' choices, respectively. However, the report also found that three out of five investors felt uncomfortable with DeFi security risks and complications.
Despite the collapse of the algorithmic stablecoins, 59% of investors saw stablecoins as a gateway and a must for crypto.
In the last five years, Microsoft was found to have made the biggest attempt to dominate the metaverse via patents. Since July 2022, there have been 158 patents given to metaverse projects. The report suggests that 69% of people believe that Metaverse will reshape their social lifestyle.
Lastly, worldwide investors expressed continual confusion about Web3 in 52% of cases, with American investors being the most confused.