Written by Radhika Parashar, Edited by Siddharth Suvarna | Wednesday July 19, 2023
The Web3 projects and startups have recorded a significant drop in collecting funding from external sources. Between January and June this year, Web3 firms managed to raise only $3.6 billion (roughly Rs. 29,568 crore) in funding. In the same months last year, Web3 firms had raised $16 billion (roughly Rs. 1,31,404 crore) in funding.
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