Binance-Backed StarSharks Wraps Up Private Token Round with $4.65M

StarSharks (SSS), a community-driven NFT-GameFi ecosystem based on the BSC chain developed by players, investors, and developers, has closed its private sale round with $4.65 million raised funds. Furthermore, the amount will be used to create exciting new games and take care of the community.

Widely-known and prominent investors joined the previously held private placement. Some of them were: AC Capital, YGGSEA, Gate.io Labs, Krypital Group, 3 Commas Capital, UniX, Infinity Ventures Crypto, Banter Crypto, and Titans Venture, Everest Ventures Group, SL2 Capital, Hyperedge Capital, ICO Drops, YBB Foundation, Exnetwork Capital, Momentum 6, Genblock Capital, and Jsquare.

Moreover, before the private sale took place, the venture capital arm and incubator of Binance–Binance Labs made a strategic investment in StarSharks. Built on the Binance Smart Chain (BSC), the shark metaverse was founded by former star performers from Timi Studio, Binance, and Google.

The project mainly focuses on disrupting the present GameFi landscape where assets are secluded in one game. Here, players, investors, and developers can mate, own, and trade shark NFTs within the ecosystem. What’s more, they can also smoothly and easily transfer NFTs from one game to another within the shark metaverse.

In addition, users who are not able to afford to purchase NFTs can opt to rent one with StarSharks’ NFT leasing feature. This ‘rent-to-play’ function will wholly activate the utilization and liquidity of NFT assets. In simple terms, it bridges the gap between NFT holders who lack the time to play and active players who do not have enough initial funds to buy entry NFTs. Meanwhile, Franky, the CEO of StarSharks, expressed his thoughts:

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.