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Some good news for #web3 builders. Venture capitalists continue to prioritize web3. Around the world, over $200 million has been invested in crypto this past week.

TL;DR – “Web3 is the most important technological shift I’ve witnessed in my lifetime,” Bartlett said in a statement. “I don’t think anybody quite realizes how much Web3 is going to change the world.”

– Cryptocurrency venture capital firm Symbolic Capital, led by Polygon co-founder Sandeep Nailwal, raised a $50 million venture fund to support building Web3 companies.

– On the other side of the world in Japan, Animoca Brands KK also raised a significant amount of money — $45 million — to support Web3 and NFT efforts in the country.

– GEM Capital previously committed $50 million to decentralized farming protocol XION Finance and $25 million to Geeq, a multi-blockchain platform that uses a patent-pending blockchain consensus mechanism.

– Comm, a company that wants to be Web3’s Discord, raised a $5 million seed round.