• Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer
Monday, September 25, 2023
Galveston County News Online
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
No Result
View All Result
Home Technology Metaverse

Binance Backed Shark Metaverse StarSharks Secures $4.8M Via Private Round – Crowdfund Insider

binance-backed-shark-metaverse-starsharks-secures-$4.8m-via-private-round-–-crowdfund-insider
Share on FacebookShare on Twitter

svg%3EStarSharks, a community-led gaming ecosystem dedicated to players creating, sharing and building together, is pleased to confirm the closing of a $4.8 million private round.

The shark Metaverse will use the proceeds to create “exciting new games and nurture the community,” according to a release.

The private placement included participation from prominent industry investors such as 3 Commas Capital, AC Capital, Banter Crypto, Bas1s. Ventures, Basics Capital, Bigcoin Capital, Binance Labs , DAO Maker, Everest Ventures Group, Everse Capital, Exnetwork Capital, Forward Analytics.

Other notable contributors included Fundamental Labs, Gate.io Labs, Geekcarptel, Genblock Capital, Hyperedge Capital, ICO Drops, Jsquare, Kirin Fund, Krypital Group, KuCoin Labs, LD Capital, MarketAcross, Momentum 6, Muhabbit, NGC Ventures, Redline Dao, Skyman Ventures, SL2 Capital, Titans Venture, UniX, Vendetta Capital, Winkrypto, YBB Foundation, Infinity Ventures Crypto, and YGG SEA.

Prior to the private round, Binance Labs, the VC division and incubator of Binance, had made a strategic investment in StarSharks.

Establised by former star performers from Timi Studio, Google, and Binance, StarSharks is built on the Binance Smart Chain (BSC).

Franky, the CEO of StarSharks stated:

“StarSharks is dedicated to developing a state-of-art blockchain game platform, with the goal of sharing and maximizing the value of creativity through co-creation. We are grateful to be supported by over 30 prestigious institutional investors and communities who believe in StarSharks’ vision, and we look forward to building the game platform of the next generation together.”

The project aims to “disrupt the current GameFi landscape where assets are isolated in one game.”

The announcement also mentioned that players, developers, and investors “can own, mate, and trade the shark NFTs within the ecosystem.” They will also be “able to seamlessly transfer NFTs from one game to another within the StarSharks metaverse,” the update explained.

Users who can’t afford to purchase an NFT have the option to rent one using StarSharks’ NFT leasing feature. The “rent to play” feature will “fully activate the liquidity and utilization of NFT assets.”

As mentioned in a release, it “bridges the gap between NFT holders who don’t have time to play and active players who don’t have enough initial capital to purchase entry NFTs.”

As noted in the update, StarSharks (SSS) is a community-driven game platform where players, developers, and investors could “define the value evolution of underlying NFTs in a sustainable ecosystem.”

This project aims to “cultivate and share the value of content with the community, and to disrupt the current GameFi world where assets are isolated in one game.”

It enables players to come together to “build and govern a new metaverse and create a community culture in the Shark-metaverse,” the release noted while adding that StarSharks was “founded in 2021 by a team with previous star performers from Timi Studio, Google, and Binance.’

Galveston County News Online

© 2021 Galveston County News Online

Navigate Site

  • Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer

Follow Us

No Result
View All Result
  • Home
  • DMCA Policy
  • Medical Disclaimer
  • Privacy Policy
  • Disclosure
  • CCPA
  • Terms of Use

© 2021 Galveston County News Online

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT