Friday, June 6, 2025
Gala Hub
  • Home
  • Web3 Gaming
  • Crypto Gaming
  • Video Games
  • ESports
  • New Released
  • Gaming Reviews
  • Videos
No Result
View All Result
Gala Hub
  • Home
  • Web3 Gaming
  • Crypto Gaming
  • Video Games
  • ESports
  • New Released
  • Gaming Reviews
  • Videos
No Result
View All Result
Gala Hub
No Result
View All Result

Blockchain game investments down 31% in 2024

Home Web3 Gaming
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Having entered the ultimate quarter of 2024, it’s time to take the heart beat of blockchain gaming investments throughout Q3 2024.

As typically has been the case throughout 2024, the variety of investments when it comes to publicly introduced funding offers and token/NFT gross sales and many others stays regular, up 34% in comparison with 2023 YTD.

The pattern is down, nevertheless, with 36 offers in Q3 in comparison with 71 offers in Q2.

However the actual meat of the problem is the worth of this exercise. By way of the numbers tracked, 2024 breaks down as follows:

Q1 — $324 millionQ2 — $296 millionQ3 — $128 million

In whole, that’s $748 million to-date, down 31% in comparison with the equal interval in 2023.

Pulling again the lens additional, the comparability with earlier years is extra stark.

As for the offers themselves, probably the most sizeable one was web3 infrastructure startup NPC Labs asserting $18 million in seed funding for gaming L3 blockchain B3. This spherical was led by Pantera.

Gameplay Galaxy additionally secured $11 million as a part of its seed funding spherical, taking whole funding raised for its mobile-based web3 sports activities recreation Trial Xtreme Freedom to $24 million. Double Leap Tokyo additionally closed a deal simply on the $10 million mark, asserting it’s sequence D funding led by Japanese strategic SBI Funding.

At this charge, 2024 shall be doing nicely to interrupt the $1 billion mark in whole funding, in comparison with $1.5 billion in 2023 and a peak of $5.3 billion in 2022.

Nonetheless, not all hope is misplaced as This autumn has gotten off to a superb begin with Azra Video games’ latest announcement that it had raised $42.7 million in its Collection A, which is the most important single funding of 2024, beating out the $35 million strategic spherical introduced by Parallel Studios in March.



Source link

Tags: blockchainGameinvestments
Previous Post

Saakuru Labs and MemeCore launch $10 million fund to bolster web3 games

Next Post

Fortnite Espresso Emote “Caffeinated” Removed from Item Shop

Related Posts

Sports brawler Sparkball is now coming to Somnia
Web3 Gaming

Sports brawler Sparkball is now coming to Somnia

June 5, 2025
Sleepagotchi is first non-Ronin game to join Pixels’ staking rewards scheme
Web3 Gaming

Sleepagotchi is first non-Ronin game to join Pixels’ staking rewards scheme

June 4, 2025
Voya’s fully onchain resource idler Craft World is launching on Ronin this summer
Web3 Gaming

Voya’s fully onchain resource idler Craft World is launching on Ronin this summer

June 5, 2025
Web3 version of MMORPG ROM: Remember of Majesty coming to Wemix
Web3 Gaming

Web3 version of MMORPG ROM: Remember of Majesty coming to Wemix

June 3, 2025
Following R&D tax credit rejection, Dogami in “strategic negotiations” to sell game, assets and ecosystem
Web3 Gaming

Following R&D tax credit rejection, Dogami in “strategic negotiations” to sell game, assets and ecosystem

June 2, 2025
OpenSea’s OS2 relaunch starts with its Voyages XP system
Web3 Gaming

OpenSea’s OS2 relaunch starts with its Voyages XP system

May 30, 2025
Next Post
Fortnite Espresso Emote “Caffeinated” Removed from Item Shop

Fortnite Espresso Emote “Caffeinated” Removed from Item Shop

Lego’s Upcoming X-Mansion Is Its Largest X-Men Kit Yet

Lego's Upcoming X-Mansion Is Its Largest X-Men Kit Yet

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Facebook Twitter Instagram Youtube RSS
Gala Hub

Discover the latest news and insights on Web3, cryptocurrency, and gaming at Gala Hub. Stay ahead with in-depth articles, market updates, and the newest trends in digital entertainment. Explore the future of decentralized tech and gaming with us today!

CATEGORIES

  • Crypto Gaming
  • ESports
  • Gaming Reviews
  • New Released
  • Video Games
  • Videos
  • Web3 Gaming
No Result
View All Result

SITEMAP

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Gala Hub.
Gala Hub is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Web3 Gaming
  • Crypto Gaming
  • Video Games
  • ESports
  • New Released
  • Gaming Reviews
  • Videos

Copyright © 2024 Gala Hub.
Gala Hub is not responsible for the content of external sites.