{"id":8861,"date":"2023-06-28T10:55:06","date_gmt":"2023-06-28T10:55:06","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/06\/28\/metaverse-dominates-web3-investments-soar-to-707m-in-h1-2023\/"},"modified":"2023-06-28T10:55:06","modified_gmt":"2023-06-28T10:55:06","slug":"metaverse-dominates-web3-investments-soar-to-707m-in-h1-2023","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/06\/28\/metaverse-dominates-web3-investments-soar-to-707m-in-h1-2023\/","title":{"rendered":"Metaverse Dominates Web3: Investments Soar to $707M in H1 2023"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400\">Despite the brutal bear market, metaverse projects have managed to capture 44% of total web3 investments in 2023.<\/span><\/p>\n<p><b>TL;DR<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Metaverse dominates VC investments, with $707M poured into projects in H1 2023, representing 44% of web3 investments.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The AR\/VR sector shows promise for the metaverse, as tokens experience a 5% surge following Apple\u2019s Vision Pro headset launch. However, temporary setbacks occur when regulatory authorities classify tokens as securities.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Digital land trade volume in Q1 sees a significant increase, which is its highest level since 2022. But trade volumes decline by 81% in Q2. Despite this, the metaverse industry continues to grow.<\/span><\/li>\n<\/ul>\n<figure id=\"attachment_108123\" aria-describedby=\"caption-attachment-108123\" style=\"width: 1920px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-108123 size-full\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/06\/Metaverse-Dominates-Web3-Investments-Soar-to-707M-in-H1-2023.jpg\" alt=\"Still from Metaverse Investment \" width=\"1920\" height=\"1080\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/06\/Metaverse-Dominates-Web3-Investments-Soar-to-707M-in-H1-2023.jpg 1920w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/06\/Metaverse-Dominates-Web3-Investments-Soar-to-707M-in-H1-2023-300x169.jpg 300w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/06\/Metaverse-Dominates-Web3-Investments-Soar-to-707M-in-H1-2023-1024x576.jpg 1024w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/06\/Metaverse-Dominates-Web3-Investments-Soar-to-707M-in-H1-2023-768x432.jpg 768w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/06\/Metaverse-Dominates-Web3-Investments-Soar-to-707M-in-H1-2023-100x56.jpg 100w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/06\/Metaverse-Dominates-Web3-Investments-Soar-to-707M-in-H1-2023-150x84.jpg 150w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/06\/Metaverse-Dominates-Web3-Investments-Soar-to-707M-in-H1-2023-450x253.jpg 450w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/06\/Metaverse-Dominates-Web3-Investments-Soar-to-707M-in-H1-2023-1200x675.jpg 1200w\" sizes=\"(max-width: 1920px) 100vw, 1920px\"\/><\/noscript><figcaption id=\"caption-attachment-108123\" class=\"wp-caption-text\">Despite The Bear Market Metaverse Investments Soar<\/figcaption><\/figure>\n<h2><span id=\"Metaverse_Investments_Dominate\"><b>Metaverse Investments Dominate<\/b><span style=\"font-weight: 400\">\u00a0<\/span><\/span><\/h2>\n<p><span style=\"font-weight: 400\">Investors can\u2019t get enough of the metaverse, with nearly half of all VC investments in the first half of 2023 being poured into this sector. DappRadar\u2019s latest <a href=\"https:\/\/dappradar.com\/blog\/metaverse-report-q2-2023\" target=\"_blank\" rel=\"noopener\">report<\/a> reveals that venture capital firms have poured $707 million into metaverse projects, capturing a 44% share of overall web3 investments.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Interestingly, the report shows how the augmented reality\/virtual reality (AR\/VR) sector could significantly boost the metaverse. When Apple launched its Vision Pro headset on June 5, metaverse tokens like SAND and MANA experienced a 5% surge. However, momentum stopped when the U.S. Securities and Exchange Commission classified these tokens as securities, causing a temporary setback.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Digital land, a valuable asset in many metaverse networks, had a great start to 2023. Trade volume in Q1 grew to $311M, its highest level since May 2022. Additionally, the number of digital land sales grew by 83%, hitting a record high of 146,690. Sadly, the second quarter saw a steep decline of 81% in trade volumes.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Despite these challenges, the metaverse industry continues to grow steadily, with Yat Siu, co-founder of <a href=\"https:\/\/nftevening.com\/animoca-brands-everything-you-need-to-know\/?swcfpc=1\" target=\"_blank\" rel=\"noopener\">Animoca Brands<\/a>, noting the emergence of Bitcoin Ordinals.\u00a0<\/span>Users create these NFT-like assets by using an inscription technique on the Bitcoin blockchain.<\/p>\n<p><span style=\"font-weight: 400\">Furthermore, partnerships like the one between Animoca and Mitsui, a well-known Japanese trading firm, show the growing interest in the metaverse and web3 in Japan. As the metaverse grows, investors remain about its potential, giving investments even with fluctuations in trade volumes.\u00a0<\/span><\/p>\n<p><iframe data-test-id=\"beehiiv-embed\" width=\"100%\" height=\"320\" frameborder=\"0\" scrolling=\"no\" style=\"border-radius: 4px; border: 2px solid #e5e7eb; margin: 0; background-color: transparent;\" class=\"perfmatters-lazy\" data-src=\"https:\/\/embeds.beehiiv.com\/37fed65e-f01c-4c4c-b8f1-1b71da0be0a4\"><\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/embeds.beehiiv.com\/37fed65e-f01c-4c4c-b8f1-1b71da0be0a4\" data-test-id=\"beehiiv-embed\" width=\"100%\" height=\"320\" frameborder=\"0\" scrolling=\"no\" style=\"border-radius: 4px; border: 2px solid #e5e7eb; margin: 0; background-color: transparent;\"><\/iframe><\/noscript><\/p>\n<div class=\"bottom-text__wrapper post-content\">\n<p>\u00a0<\/p>\n<hr\/>\n<p><em>All investment\/financial opinions expressed by NFTevening.com are not recommendations.<\/em><\/p>\n<p><em>This article is educational material.<\/em><\/p>\n<p><em>As always, make your own research prior to making any kind of investment.<\/em><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/nftevening.com\/metaverse-dominates-web3-investments-soar-to-707m-in-h1-2023\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite the brutal bear market, metaverse projects have managed to capture 44% of total web3 investments in 2023. TL;DR Metaverse dominates VC investments, with $707M poured into projects in H1 2023, representing 44% of web3 investments.\u00a0 The AR\/VR sector shows promise for the metaverse, as tokens experience a 5% surge following Apple\u2019s Vision Pro headset [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8862,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/06\/Metaverse-Dominates-Web3-Investments-Soar-to-707M-in-H1-2023.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/8861"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=8861"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/8861\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/8862"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=8861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=8861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=8861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}