Web3 Gaming Rebounds in July With $60 Million of Investments

Investments in Web3 gaming projects surged to $60 million in July, reversing a three-month lull, with investors now focusing on games built around fun, according to blockchain analytics platform DappRadar.

March still has the highest month for Web3 gaming funding this year at $69 million, but after a slump in April, May and June, capital is flowing again “primarily to projects with proven teams, strong IP, or infrastructure supporting multiple games,” DappRadar analyst Sara Gherghelas said in a report published on Thursday. 

However, smaller…