December 19, 2024

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Web3 Games and Metaverse Projects Have Attracted Nearly $750,000,000 in Investments Since August: DappRadar

Web3 Games and Metaverse Projects Have Attracted Nearly $750,000,000 in Investments Since August: DappRadar

A brand new DappRadar report says funding in blockchain gaming and metaverse tasks goes robust with main buyers sinking large cash into the crypto subsectors.

In keeping with the info acquisition and evaluation agency, Web3 gaming and metaverse tasks have collected $748 million in investments since August regardless of the final downturn within the crypto house.

Among the many large investments final month is the $200 million raised by cell gaming icon Gabriel Leydon for Restrict Break, a agency targeted on blockchain-based video games. Temasek, a worldwide funding agency owned by Singapore, invested $100 million into Animoca Manufacturers, a enterprise capital agency and Web3 gaming writer.

In keeping with the report, the whole quantity invested in blockchain gaming for the 12 months is forecasted to come back in at $10.2 billion. Final 12 months, it was $4 billion.

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