Immutable X games collected largest Web3 funding of 2022 – over $900M

Immutable X (IMX) games raised the astir important magnitude successful Web3 backing successful 2022, according to a caller study by Delphi Digital.

Immutable X exclusive games and Immutable X-based multi-chain games received astir $300 cardinal and implicit $600 cardinal successful funding, respectively.

Funded projects by the ecosystem – Source: (Delphi Digital)

With these investments, Immutable X passed Solana and Polygon to go the astir funded Layer-2 Web3 crippled ecosystem successful 2022. Immutable X grew from 5 games to implicit 100 passim the year, according to the report.

Polygon followed Immutable X arsenic a adjacent 2nd with a combined $850 cardinal successful funding. Polygon’s multi-chain gaming collected astir $750 cardinal — astir $150 cardinal much than Immutable X’s multi-chain equivalent.

However, Polygon-exclusive games performed comparatively poorly, collecting conscionable implicit $150 cardinal the full year.

Gaming accounts for 62% of each Web3 investment

The full backing magnitude collected by salient Web3 categories reached $7.1 cardinal successful 2022 — with the Web3 gaming manufacture accounting for 62.5% ($4.49 billion) — according to a caller report.

Immutable X CTO Alex Connolly gave an exclusive interview with CryptoSlate connected Nov. 18, 2022. At the time, the institution was astatine $2.5 cardinal successful valuation, which it reached successful 2 years. Conolly spoke astir Web3 gaming’s quality to springiness powerfulness backmost to the players by granting them afloat ownership of their in-game assets.

The station Immutable X games collected largest Web3 backing of 2022 – implicit $900M appeared archetypal connected CryptoSlate.