Venture funding for web3 fell 80% in the first quarter of 2023 from the same quarter a year earlier, according to K33 Research.
Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Web3 venture funding plummeted in the first quarter of 2023, down 80% from the same period a year earlier, according to data from K33 Research.
There was $33.2 billion worth of blockchain venture funding and 2,453 deals in 2022, according to The Block Pro.Helseth noted there were two types of projects that received significant funding in 2022 including Ethereum alternative layer one protocols, like Avalanche Cardano and Solana, and those related to NFTs and the metaverse.
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