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The total amount of investment transactions in the Web3 field increased by 55% in Q1 this year, and the number of transactions increased by 36%

The total amount of investment transactions in the Web3 field increased by 55% in Q1 this year, and the number of transactions increased by 36%

2024/04/17 10:40

PANews April 17 news, according to Cointelegraph, according to the first quarter on-chain report released by QuickNode and Artemis, total investment in Web3 companies increased by 55% in the first quarter of 2024, and the number of investment transactions increased compared with the previous quarter. 36%. Artificial intelligence (AI) and gaming-related Web3 protocols accounted for the majority of investments.

Additionally, seed-round deals grew the fastest, with a 53% month-on-month increase, indicating increased interest in early-stage investment deals. Capital inflows in Series A and Seed rounds nearly doubled compared to the previous quarter, "reflecting venture capital firms' renewed willingness to invest in Web3," the report said.

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