GameFi Investment Analysis in 2022
Of the 12 months in 2022, April saw the largest amount of funding, with 41 deals totaling $2.41B. The biggest contributor is Web2 gaming giant Epic Games, which raised $2 billion to enter the GameFi space. The investment winter in the GameFi market arrived in September, and it is still suffering. Given the decline in the overall crypto market, funding volumes will continue to decrease in 2023 until the next GameFi bull run is triggered.
More specifically, Animoca was the largest contributor to the investment GameFi market, participating in 71 funding transactions.