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Data: In July, the Financing Amount of Web3 Games Increased to US$297 Million, but the Monthly Trading Volume of Metaverse-Related NFT Hit a New Low in a Year

According to a joint report released by DappRadar and the Blockchain Game Alliance on August 11th, the financing amount of Web3 games surged to $297 million in July 2023, a year-on-year increase of 336.76%, of which 63% flowed into infrastructure. This detail indicates that the industry is still in its early stages. Investors are betting on tools and platforms that can promote future cryptocurrency and NFT-driven games.

In addition, according to DappRadar's report, the monthly transaction volume of metaverse games in July was only $5.6 million, with sales of 10,796 units, hitting a new low in the past year. The average selling price of each NFT was $523, which is far from the metaverse boom in 2021.

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