Crunchbase report shows an 82% YoY drop in VC funding for Web3 startups, with only $1.7 billion invested in Q1 2023.
SNEAK PEEK
- VC funding for Web3 start-ups plummeted by 82% YoY.
- In Q1 2023, only $1.7 billion was invested in Web3 start-ups.
- The decline in funding for Web3 start-ups signals a cooling interest in the sector.