Investors are bullish on the metaverse, especially projects that are building out ecosystems, says new data from Nasdaq.
that investors had this mindset as they continued to sink money into Web3, particularly metaverse-related projects.
According to the data over the last year 216 metaverse funding deals were completed, totaling out to nearly US$2 billion in funding. At the top of the funding pool were “support” based services, aka the main components for building: “Digital architects, game designers, AI developers, content creators and custom metaverse services were suddenly needed to build metaverse experiences.”
Animoca Brands, a major metaverse ecosystem developer, was revealed to have done the most metaverse deals over the last year, with 15 closed deals. The company received over $564 million in funding in 2022.for developers in the space. The report said that larger metaverse platforms received more attention from investors this year. Though this paves the way for smaller, more niche projects in the future. According to Nasdaq, especially those with “open metaverse” plans
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