Venture funding for Web3 projects decreased by 82%

The attractiveness of projects representing the Web3 industry fell 82% from $9.1 billion to $1.7 billion.
The Crunchbase report notes that the number of deals raising capital for virtual projects has declined sharply over the past 12 months.
The last time investment in the industry was this low was in the fourth quarter of 2020, when it was $1.1 billion.

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