“Animoca Brands” is the Most Funded Metaverse Developer of 2022: Nasdaq Reports

New data from Nasdaq revealThat investors are eager to back industry leaders such as Animoca Brands as they continue to invest in Web3, particularly Metaverse-related projects.

from last year’s data 216 metaverse funding deals have been completed. In total, nearly $2 billion in funding.

Animoca Brands, a major developer of the metaverse ecosystem, was revealed to have made the most metaverse deals last year. With 15 closed deals, the company received more than $564 million in funding in 2022.

Additionally, the company recently announced plans to launch a multibillion dollar metaverse fund for local developers.

The report noted that the mega-metaverse platform has attracted more investor attention this year. While this will pave the way for more smaller and niche projects in the future, according to Nasdaq, those with an “open metaverse” plan will have an advantage.

The report states that the expansion of the open metaverse platform will determine the next phase of its development. with improved economic models and usability in GameFi.

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