Report: The Blockchain Industry in China has Entered the Blowout Mode since 2018

[ChainDD report] July 7 (ChainDD) According to Qichacha, a company that collects all the enterprises' information in China, nearly 750 blockchain-related enterprise projects received capital assistance.

Most of them are in the period of the angel round to A+ round of financing, accounting for 38% of all companies. Companies that have received Pre-A round to A+ round of investment accounted for 26%.

In addition, in 2016, the blockchain industry entered an ascending channel. With the bitcoin price sharply rising from 2017 to 2018, the entire blockchain industry has entered a blowout mode, with an increase of more than 200% for two consecutive years. Among them, the number of registrations in 2018 was close to 16,000, an increase of 246% year-on-year.

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