In 2022, blockchain gaming companies accounted for 88 percent of equity funding deals involving gaming startups in Southeast Asia, up from a share of 25 percent in 2019. As of October 2022, Vietnam-based company Sky Mavis was the most-funded gaming startup in Southeast Asia, with total funding exceeding 300 million U.S. dollars.
Share of blockchain and non-blockchain gaming startup funding deals in Southeast Asia from 2019 to 2022
* YTD as of end of October 2022. According to the source, 2019 marked the first year of equity investment in blockchain gaming.
** The source states to have excluded SEA Ltd. subsidiary Garena due to its outlier position and the company being a license holder of externally-produced games, particularly by Tencent Holdings.
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DealStreetAsia. (November 19, 2022). Share of blockchain and non-blockchain gaming startup funding deals in Southeast Asia from 2019 to 2022 [Graph]. In Statista. Retrieved December 11, 2024, from https://www.statista.com/statistics/1366578/sea-share-of-blockchain-gaming-startup-funding-deals/
DealStreetAsia. "Share of blockchain and non-blockchain gaming startup funding deals in Southeast Asia from 2019 to 2022." Chart. November 19, 2022. Statista. Accessed December 11, 2024. https://www.statista.com/statistics/1366578/sea-share-of-blockchain-gaming-startup-funding-deals/
DealStreetAsia. (2022). Share of blockchain and non-blockchain gaming startup funding deals in Southeast Asia from 2019 to 2022. Statista. Statista Inc.. Accessed: December 11, 2024. https://www.statista.com/statistics/1366578/sea-share-of-blockchain-gaming-startup-funding-deals/
DealStreetAsia. "Share of Blockchain and Non-blockchain Gaming Startup Funding Deals in Southeast Asia from 2019 to 2022." Statista, Statista Inc., 19 Nov 2022, https://www.statista.com/statistics/1366578/sea-share-of-blockchain-gaming-startup-funding-deals/
DealStreetAsia, Share of blockchain and non-blockchain gaming startup funding deals in Southeast Asia from 2019 to 2022 Statista, https://www.statista.com/statistics/1366578/sea-share-of-blockchain-gaming-startup-funding-deals/ (last visited December 11, 2024)
Share of blockchain and non-blockchain gaming startup funding deals in Southeast Asia from 2019 to 2022 [Graph], DealStreetAsia, November 19, 2022. [Online]. Available: https://www.statista.com/statistics/1366578/sea-share-of-blockchain-gaming-startup-funding-deals/