The crypto bear market has also been called the builders market by many leading figures and companies in the industry.

New Nasdaq data reveals that investors were in this mindset as they continued to pour money into Web3, particularly metaverse-related projects.

Based on last year’s data, 216 metaverse funding deals were completed, totaling nearly $2 billion in funding. At the top of the financing group were “support” based services, also known as the main components for construction.

“Digital architects, game designers, AI developers, content creators, and custom metaverse services were suddenly needed to create metaverse experiences…”

Animoca Brands, a major metaverse ecosystem developer, was revealed to have made the most metaverse deals over the past year, with 15 closed…