Join Our 2,500,000+ Community
The Block, a research publication, recently published a report about the growth of unicorns in the crypto space. Unicorns are private companies with valuations above $1B. Per the report, the market has seen tremendous growth of number of companies with unicorn level valuations. There are three key market segments with largest allocation of unicorns: trading, financial services, and infrastructure. NFT gaming is the up and coming segment that has grown from near zero to almost 20% in 2021.
The U.S. has the largest geographical share of these companies. Hopefully the Congressional hearings will create a safe and productive regulatory environment to help attract, build, and scale innovation in the crypto space within the US.
Harsharn Singh
Investment Associate | Ember Fund
Thank you for reading!
Don't forget to come into the app tomorrow to continue learning about crypto!
Enjoying Ember?
December 27, 2024
Let’s dive into what we’ve achieved this year and what’s on the horizon!
December 17, 2024
BTC’s been going to the moon recently, it’s almost Christmas, so why not celebrate with a HUGE 5,000,000 Sat giveaway? LFG!!
June 20, 2024
Ember partnered with popular gaming platform Roobet.com as a secure & fun method for mining withdrawals! This feature comes with a HUGE set of upgrades to our withdrawal process.