DappRadar: $739M invested in blockchain games in Q1 2023

Web3 gaming projects attracted $739 million in investment according to a new report from DappRadar and the Blockchain Games Alliance. Just shy of 60% of these funds — $434 million — were raised in March 2023.

$214 million — nearly half of March’s funding — was invested in game and metaverse companies. A further $159 million went to infrastructure companies. By comparison, the $10 million invested into NFT companies is a small slice of the total funds.