Blockchain Gaming Platform ‘Stardust’ Raises $30 million

The gaming platform aiming to become the standard framework for building blockchain-based games has raised $30 million in a Series A funding round. Crypto gaming and NFT projects are now considered a top priority investment sector by venture capitalists.

Blockchain gaming platform Stardust has raised $30 million in a Series A funding round led by Framework Ventures and supported by Acrew Capital, Blockchain Capital and Distributed Global.

The goal of the Stardust team is to launch a de facto framework upon which developers can build crypto games. Stardust provides creators with a suite of developer tools that makes it easy for them to build blockchain-based games.

“I think Web3 gaming will result both in the creation of new and interesting assets as well as exciting, consumer-friendly apps that will definitely be more appealing in terms of onboarding new, less-native crypto users,” said Stardust co-founder Vance Spencer.

Blockchain games are on pace to become the largest in the gaming industry. In Q3 alone, crypto gaming companies have raised a combined $1.3 billion in funding, which is nearly double the total amount raised in the whole of 2021. Crypto gaming and NFT projects are now considered a top-priority investment sector by venture capitalists.