Enjinstarter, a Singapore-based Launchpad for Enjin and other GameFi and Metaverse Blockchain Ecosystems, raised $3m in funding.
The round was led by True Global Ventures (TGV Plus).
The company intends to use the funds to expand its operations and expand into other complementary business verticals including Metaverse Innovation Consulting, Game Publishing and Venture Building.
Led by Prakash Somosundram, CEO and Co-founder, Enjinstarter is a Blockchain Gaming, Metaverse and Entertainment focused launchpad for Initial DEX Offerings (IDOs) and Initial NFT Offerings (INOs). Launched in early October 2021, it has since helped more than 30 projects to launch and raised more than USD$3M via their platform. Some notable projects that Enjinstarter has supported include Defina, The Killbox and PathDao.
Apart from issuing tokens, the company also helps game developers offer innovative ways to raise capital and fund their projects by selling virtual items such as NFTs. The platform also offers an incubation program supported by an accredited partner network to provide projects with end-to-end support for developing sustainable strategies and launching campaigns.
FinSMEs
21/01/2022