2022 will undoubtedly be a difficult year in the cryptographic field, and under the premise of bleak market conditions, injected blockchain and cryptographic industry risk investment (VC) assets have also declined.

A Blockdata report noted that venture capital declined for several quarters until 2022 as venture capital boomed into the wider Web3 industry by 2021.

By comparing CB Insights's information, Blockdata achieved the use value of venture capital equity financing in the last quarter of 2022, down 34 per cent from the third quarter of 2022. Now the final quarter has fallen sharply compared with the first and second quarters, by 67% and 53%, respectively.

The decline in venture capital investment has been declining every quarter, with the largest investment of $11 billion in the first four months of 2022 and a record high of 692 transactions.

Blockdata described several elements of the decline in last year's password and blockchain-related venture capital. In May 2022, the use of $60 billion worth of Terra's green ecological collapse was highlighted as a trigger event that led to the subsequent collapse of digital money and credit companies Three Arrow Capital and Celsius.

The implosion of FTX in November 2022 further seriously affected the uncertainty of the whole space, while the macroeconomic conditions of global financial markets affected by rising interest rates and inflation also played a role in the decline in venture capitalist investment.

As a result, venture capital funding from venture capital was only $3.7 billion in the fourth quarter of 2022, down 61 per cent from $9.6 billion in the fourth quarter of 2021. Total assets from blockchain and password start-ups fall by 11% a year, from $32 billion to $29 billion.

Blockdata notes that trading volume in 2022 is 35% higher than in 2021, which is a proactive takeout. While risky investment spending has fallen, investors are still looking for financial support for blockchain-based expertise, applications and start-ups, the company said.

According to the report, investment in the use of funds has shifted to "non-volatile independent innovation", including cross-chain roads and bridges, payment and remittance, borrowing, decentralized autonomous organizations, investment management and digital identity management methods.

Some large-scale venture capital investments were still generated in the fourth quarter. The Amber Group won the highest equity financing, raising $300m in Series C financing in December 2022 to ease the shrinking problems of special new products affected by the collapse of FTX.

Nine rounds of block chain wheels appeared in the fourth quarter, and companies won more than $100 million in equity financing. Uniswap and Celestia were the only unicorn companies left in the fourth quarter of last year, valued at $1.7 billion and $1 billion, respectively.

Coinbase Ventures has been identified as one of the most dynamic corporate financial venture investors by 2022, participating in 13 rounds of equity financing for different types of blockchain and password start-ups.

Cointelegraph Research had previously focused on a decline in investment in the use of funds for blockchain and password enterprises in 2022. According to the structural science research of Cointelegraph, Web3 and infrastructure construction service providers have the largest market share of risky investment.