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Analysis: funding to VC-backed Web3 startups fell from $29.2B in 2021 to $21.5B in 2022; Q4 2022 funding fell 74% YoY from $9.3B to just $2.4B (Chris Metinko/Crunchbase News)

Chris Metinko / Crunchbase News:
Analysis: funding to VC-backed Web3 startups fell from $29.2B in 2021 to $21.5B in 2022; Q4 2022 funding fell 74% YoY from $9.3B to just $2.4B  —  While everything Web3-related dominated much of 2021 and the early part of last year, the end of 2022 showed a significant cooling of investor interest in the still young space.

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