Crypto gaming start-up Stardust has raised $30m despite the current bear market.
The capital was raised during a series A funding round led by crypto venture capital firm Framework Ventures.
Although the Californian-based start-up did not provide its valuation it did state the amount was higher than in its previous funding round.
The round caught the attention of additional venture capital firms, including engagement from Acrew Captial, Blockchain Capital and Distributed Global.
Founded in 2018 by chief executive officer Canaan Linder, Stardust was created with the goal of a more seamless experience for developers to design accessible virtual games built on blockchains like Solana and Polygon.
Linder’s aim was to incorporate crypto elements like non-fungible tokens (NFTs) into gaming and believes that “Web3 is an industry that is not going away”.
The adoption of crypto into the gaming world is increasing and transitional game developers are becoming curious.
Stardust has already partnered with game publisher Tilting Point to develop and built blockchain games.
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