In a gloomy market outlook, Pixelverse, a cyberpunk-themed game ecosystem accessible via Telegram and web browsers, has managed to secure an additional $2 million from leading Web3 venture capitalists. This funding completes its $7.5 million private round. Despite the challenging market conditions, this move signifies a continued interest in blockchain-based gaming platforms. However, the volatile nature of the crypto market and increasing regulatory scrutiny worldwide pose significant risks. The industry's future remains uncertain, and investors should tread with caution.