Venture funding for NFT and gaming firms jumped 66% from July to August

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Venture funding for NFT and gaming firms jumped 66% from July to August
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Funding for NFT and gaming-related venture deals jumped 66% in August from the previous month, according to The Block Research.

byFunding for NFTs and gaming companies rose to $842 million in August from the previous month’s $507 million, a 66% increase, The Block Research found.

While overall venture funding decreased for the fourth month in a row, the increase in NFT and gaming funding suggests it may be one of the first sectors to recover in the crypto bear market.

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