The DappRadar report reveals that the Web3 gaming industry raised $739 million in Q1 2023, with $434 million in March alone. Good funding is essential for Web3 games to succeed, with half of Marchs investment ($214 million) going towards game and metaverse companies, and $159 million to infrastructure firms. Though there was an 8.58% decline in daily unique active wallets (dUAW), gaming still accounts for nearly half (45.6%) of the Web3 industry. The report suggests that the Web3 gaming industry is thriving, with significant investment and opportunities for future growth and development.
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