Web3 Gaming Projects See $600M in Investments in Q3, Pushing Tally to $2.3B YTD: Report

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Web3 Gaming Projects See $600M in Investments in Q3, Pushing Tally to $2.3B YTD: Report
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Despite a market-wide slowdown this quarter, data suggests stakeholders continue to see substantial potential in the blockchain gaming space.

One notable highlight of the quarter was the a16z Speedrun accelerator, which caught the industry’s attention. This ambitious venture aims to inject up to $75 million into the next wave of pre-seed startups that are merging gaming with the latest technology. According to Dapp Radar, this allocation underscores the confidence and commitment that VCs have in the future of blockchain gaming, which potentially indicates their “readiness” to place their bets on this burgeoning sector.

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