, 16 tweets, 5 min read Read on Twitter
Exploring the emergence & evolution of the #Bitcoin #business #ecosystem. The following network graphs are based on dataset of 514 entities.
Bitcoin business ecosystem - 2010
Bitcoin business ecosystem - 2011
Bitcoin business ecosystem - 2012
Bitcoin business ecosystem - 2013
Bitcoin business ecosystem - 2014
Bitcoin business ecosystem - 2015
Fascinating how quickly new market segments have emerged and how diverse the service offerings have become. Feel free to ask for full thesis
Additional info:
- vertex size == number of affiliated market segments
- edges == affiliation of an entity with a specific market segment
Market segment framework used for the analysis: a total of 22 sub-industries in the #Bitcoin #business #ecosystem.
Emergence of each market segment and first product/application/service. #Bitcoin
Number of foundations and exits in the #Bitcoin business ecosystem.
Number of mergers and acquisitions.
Pivots and rebranding.
Partial pivot == entity focuses part of operations on non-Bitcoin related activities.
Total funding for only-#Bitcoin entities.
And finally the summary statistics of the dataset.
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