Global web3 venture funding on pace to decline for seventh straight quarter

Time flies, doesn’t it? We’re nearly through the first month of Q3, which means we can finally start taking note of the trends that will define the rest of the year, or if long-lasting trends are set to continue.

One such long-running trend shows no signs of reversing: Unfortunately for crypto, a former darling of Startup Land, funding to web3 startups continues to decline and will likely do so for the foreseeable future.


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