TagGaming industry

Blockchain Gaming: Resilience in a Bear Market as Q3 Investment Tops $600 Million

Crypto gaming continues to attract significant investments, demonstrating resilience amid challenges in both the gaming and crypto markets. In the third quarter of 2023, blockchain games secured approximately $600 million in funding, marking a 38% decline from the $973 million invested in the second quarter. However, this substantial amount brings the total funding for the year to approximately $2.3 billion, highlighting the sector’s enduring appeal. Interestingly, a significant portion of the Q3 funding went to gaming-centric investment firms, reaffirming the venture capital...