Drastic Drop in Web3 Game Funding Amid Global Economic Uncertainty
Jakarta, Pintu News—The blockchain gaming market saw a significant drop in funding in the first quarter of this year, reflecting the impact of geopolitical tensions and trade wars on the global market at large.
According to data from blockchain analytics platform DappRadar, investment in Web3 games fell by 71% from the previous quarter to just $91 million, although the number of deals increased by 35%.
Check out the full information below!
Declining Investment in the Blockchain Gaming Sector
In the first quarter of this year, the blockchain gaming sector did not escape the broader negative influences affecting the global economy. The data released by DappRadar clearly shows a sharp decline in funding allocated to Web3 games, which dropped by 71% to just $91 million compared to the previous quarter.
Nonetheless, the number of investment deals has increased, indicating that there is still strong interest in infrastructure development and innovation in the sector.
Sara Gherghelas, blockchain analyst from DappRadar, emphasized that despite the decline in the amount of funds invested, opBNB remained the most used gaming blockchain this quarter. This shows that despite the drop in funding, the use of blockchain technology in gaming is still ongoing and growing.
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Slowing Activity in Metaverse and NFTs
In addition to the decline in game funding, activity in the metaverse also saw a significant slowdown. According to Gherghelas, NFT trading volume dropped by 28%.
This decline reflects a broader trend in the NFT market, which also saw trading volumes fall to $13.7 billion in 2024, from $16.8 billion in 2023. This is the lowest figure since 2020, with a 19% drop in trading activity and total NFT sales falling to 49.8 million from over 60 million the previous year.
Despite the decline, significant investments are still allocated for infrastructure development within the sector. This quarter’s major funding rounds included $20 million for MARBLEX, $13.5 million for Beamable, and $10 million for The Game Company.
These investments show that despite economic uncertainty, there is still a strong commitment to building tools and backends that support scalable gameplay.
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Future Prospects of Blockchain Games
Despite the challenges, the blockchain gaming sector is showing resilience. The increasing number of deals and ongoing infrastructure development show that this ecosystem is still thriving.
Gherghelas emphasized that top games’ consistent performance and continued development are important indicators of a resilient and adaptive ecosystem. Infrastructure-focused funding shows that there is a strong recognition of the need for a solid foundation to support high-quality gaming experiences.
This indicates that despite short-term obstacles, the long-term outlook for blockchain gaming remains positive, with significant growth opportunities as the technology develops and adoption increases.
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Reference
- Crypto News. Investor Funding in Web3 Games Drops 71% Amid Macro Headwinds – DappRadar. Accessed on April 15, 2025
- Featured Image: Generated by AI
