Over the past year, Web3 game developers have received more than $160 million from investors
The analytical platform Helika conducted a study focused on the Web3 games market. Among other things, it reported on the state of investments from February 2023 to February 2024.
Web3 project Mocaverse by the studio of the same name
According to Helika's estimates, over the year, investors injected approximately $162.3 million into companies specializing in Web3 games. This marks a slight decrease compared to the previous year.
Throughout the year, Web3 gaming companies announced 25 funding rounds. The largest round was by CCP Games. In March 2023, the studio secured $40 million to create a blockchain game in the EVE Online universe. In second place in terms of investment size was Mythical Games, which secured $37 million in June 2023. Rounding out the top three is the Mocaverse studio with $20 million, raised in September 2023.
The most active investors were Animoca Brands, Pantera Capital, Shima Capital, and IOSG Ventures.
