{"id":1455,"date":"2022-07-25T07:31:06","date_gmt":"2022-07-25T07:31:06","guid":{"rendered":"https:\/\/nftmetta.com\/?p=1455"},"modified":"2022-07-25T07:31:08","modified_gmt":"2022-07-25T07:31:08","slug":"nft-and-blockchain-gaming-has-raised-over-2-billion-in-2022report-by-dexerto","status":"publish","type":"post","link":"https:\/\/nftmetta.com\/nft-and-blockchain-gaming-has-raised-over-2-billion-in-2022report-by-dexerto\/","title":{"rendered":"NFT and blockchain gaming has raised over $2 billion in 2022:Report by \u2013 Dexerto"},"content":{"rendered":"\n

July 25, 2022<\/p>\n\n\n\n

By Sharan Kaur Phillora<\/p>\n\n\n\n

Despite some signs of possible industry slowdown, money is still pouring into video game companies big and small. Driving the news: Some 651 gaming M&A or investment deals were announced or closed in the first half of the year, totaling more than $107 billion, according to a new report <\/u><\/a>from Drakestar Partners.<\/p>\n\n\n\n

Here’s what we know:<\/p>\n\n\n\n

Those totals include Microsoft\u2019s $69 billion bid for Activision, Take-Two\u2019s purchase of Zynga and myriad others, among them an industry-leading 47 M&A deals in mobile. The second quarter of 2022, saw a little comedown, with 60 announced deals compared to 74 from the same quarter in 2021 (but up from 47 in Q2 2020).<\/p>\n\n\n\n

Those April-June deals included Embracer\u2019s acquisition of Tomb Raider and that franchise\u2019s development studio, as well as Tencent buying Subway Surfers maker Sybo.<\/p>\n\n\n\n

Even in a sector in which investment is spread to all kinds of games and platforms, continued enthusiasm for blockchain stands out. According to the report, more than half of the investment in early-stage companies \u2014 over $2.2 billion \u2014 went to blockchain and NFT startups.<\/p>\n\n\n\n

Drakestar also notes the second quarter saw the start of four nine-figure funds devoted to investing in blockchain gaming. This happened despite the recent collapse of the hottest blockchain game around, Axie Infinity, and no other prominent success stories in that space of late.<\/p>\n\n\n\n

Some notable numbers from the report:<\/p>\n\n\n\n