The analytical platform Helika conducted a study dedicated to the Web3 gaming market. Among other things, it explained the investment situation from February 2023 to February 2024.
The Web3 project Mocaverse from the studio of the same name
According to Helika, investors poured approximately $162.3 million into companies specializing in Web3 games over the year. This is a slight decrease compared to the previous year.
Throughout the year, Web3 gaming companies reported 25 funding rounds. The largest round was by CCP Games. In March 2023, the studio raised $40 million to develop a blockchain game set in the EVE Online universe. Mythical Games came in second, having secured $37 million in June 2023. Rounding out the top three was Mocaverse with $20 million, received in September 2023.
The most active investors were Animoca Brands, Pantera Capital, Shima Capital, and IOSG Ventures.