Pro
Web3NFTs

Consumer Sector Brief - October 16th, 2023

Key Insights

  • a16z Crypto has been notably active in the consumer funding sector, leading investment rounds for a variety of companies such as Proof of Play, Blackbird, and IYK.
  • NFT trading volumes have been consistently decreasing in both the Ethereum and Solana ecosystems. However, top NFT profile picture collections on Ethereum have experienced an uptick in floor prices in recent weeks.
  • Farcaster, a decentralized social platform, has maintained consistent user engagement over the past month and recently enabled permissionless signups.

Key Raises

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Ally is a Research Analyst on the Enterprise team at Messari. Prior to joining the team, Ally worked as a Structural Engineer at Magnusson Klemencic Associates. Ally graduated from the University of Illinois in 2018 with a master’s degree in Civil and Structural Engineering.

Outline
  • Key Insights
  • Key Raises
  • Consumer Chartbook
Author
Ally is a Research Analyst on the Enterprise team at Messari. Prior to joining the team, Ally worked as a Structural Engineer at Magnusson Klemencic Associates. Ally graduated from the University of Illinois in 2018 with a master’s degree in Civil and Structural Engineering.