The authors have not purchased or sold any token for which the authors had material non-public information while researching or drafting this report. These statements are made consistent with Delphi’s commitment to transparency and should not be misconstrued as a recommendation to purchase or sell any token, or to use any protocol. The content of this report reflects the opinions of its authors and is presented for informational purposes only. This is not and should not be construed to be investment advice.
Our affiliate Delphi Ventures LLC may have investments in assets or protocols identified in this report. Please see Ventures’ website for investment disclosures. These disclosures are solely the responsibility of Delphi Ventures.
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🪩This Past Month in Web3 Gaming
February displayed a slight retrace from the unexpected highs seen in January. Encouragingly, we have not returned back down to December’s lows (yet?). In this month’s edition of the Web3 Gaming Roundup, we will take a look at the sector’s performance over the 28 days of February as well as highlight some points of interest including:
- ImmutableX’s IMX token returning to August levels.
- Gaming wallet interactions and volume decreasing relative to token prices.
- The number of funding deals announced jumping 90%.
- Square Enix unveiling details for its first Web3 project.
- Limit Break and their underwhelming but deceptively bullish Super Bowl ad.
- More Web2 talent moving in, some notable game updates, and much more!
📈State of the Market
This month’s metrics were unable to surpass January’s s
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