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State of Blockchain: Q2 2017

Aug 15, 2017 at 8:05 p.m. UTC
Updated Aug 23, 2021 at 8:49 p.m. UTC

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"title": "State of Blockchain Q2 2017",

"subtitle": "Summarizes key trends, data and events from 2017's second quarter.",

"publishDate": "August 15th, 2017",

"slug": "state-blockchain-q2-2017",

"summary": "

CoinDesk's Q2 2017 State of Blockchain summarizes key trends, data and events from 2017's second quarter.

",

  • • The aggregate cryptocurrency market cap rallies 4x, breaks $100bn in value.
  • • The composition of the asset class changes dramatically, with bitcoin comprising less than half of the total market cap as assets including ether, xrp, and dash skyrocket in price.
  • • Blockchain ICO funding outweighs venture capital by 3x in total deal size and quantity.
  • • Usage grows on major blockchains, leading to over 500,000 transactions a day and fees north of $1.
  • • Enterprise blockchain consortia gain traction with major enterprises in terms of membership, trials, and integrations.
  • • Global search traffic for bitcoin, ethereum, blockchain, cryptocurrency, and other related terms reach all-time highs.
  • • 'CoinDesk Releases 'State of Blockchain' Q2 2017 Research Report'
  • • Q2 2017 Blockchain Sentiment Survey

",

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"pdf": "https://www.coindesk.com/wp-content/uploads/research/state-of-blockchain/2017/q2/sob2017q2.pdf",

"imageMediaPath": "sob2017q2-img-${page}.png",

"pages": 116,

"tableOfContents": [

{

"title": "Executive Summary",

"page": 3

}

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};

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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