Web3 technology companies received $7.1 billion in funding in 2022, with gaming, metaverse, and social networks as the most popular investment areas, as reported by Metaverse Post’s year-end report. Metaverse Post’s report found that start-ups in gaming, metaverse, social networks,…
The FTX Collapse And How Affected the Web3 Gaming Ecosystem
The FTX collapse had an effect on the entire crypto industry, but given the connections between Solana and FTX, Web3 gaming may have felt it the most. While some say GameFi depends on centralization to draw Web2 gamers, others predict…