SkyArk Chronicles Secures $15 Million in Funding
SkyArk Chronicles, a leading gaming platform, has successfully raised $15 million in a recent funding round. The investment was led by Binance Labs, the investment arm of the popular crypto exchange Binance. More than 40 institutions also participated in the funding round, showing strong support for SkyArk’s unique gaming ecosystem.
Binance’s Ongoing Support for SkyArk
Binance has been backing SkyArk since 2021 and their continued collaboration is not surprising. SkyArk Chronicles announced the successful completion of the funding round on their official account, expressing excitement about the participation of Binance Labs and other institutions.
The exact amount invested by Binance Labs has not been disclosed yet, but it is known that Vividthree Productions and other NFT and gaming networks also contributed significantly to the funding round. Individual investors such as Bryan Pellegrino, Wangarian, and S.Y. Lee also made notable contributions.
The Vision of SkyArk Chronicles
In 2021, Binance selected SkyArk Studio for its prestigious Incubator Program Season 3. The collaboration between Binance and SkyArk, along with the success of SkyArk in DeFi and GameFi projects, supports their ambitious goal of creating a diverse gaming ecosystem in Singapore and beyond.
SkyArk is composed of experienced professionals who have generated substantial revenue from traditional mobile games. They aim to revolutionize the gaming sector globally by launching Fully-On-Chain and Only-Assets-On-Chain games. Their NFT game engine promises interoperability, editability, and evolvability, enabling seamless integration of NFTs with various gameplay styles.
Hot Take: SkyArk Chronicles Raises $15 Million with Support from Binance Labs
SkyArk Chronicles has successfully secured $15 million in funding, with Binance Labs leading the way. This significant investment, along with contributions from other institutions and individual investors, showcases the strong support for SkyArk’s innovative gaming platform.
With Binance’s ongoing collaboration and SkyArk’s track record of success in the gaming industry, they are well-positioned to create a diverse and revolutionary gaming ecosystem. Their focus on integrating NFTs seamlessly into gameplay styles sets them apart from traditional gaming platforms.
As the gaming sector continues to evolve, SkyArk Chronicles is poised to make a significant impact with their Fully-On-Chain and Only-Assets-On-Chain games. Their vision for a global gaming revolution is one to watch, and the recent funding round further solidifies their position in the industry.
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