Matchbox DAO Has Announced $7.5 Million Seed Funding Round

admin — Thu, 25 Aug 2022 18:31:03 +0000

On-chain game developer community MatchboxDAO recently announced a $7.5 million seed funding round. Investors in the round included: StarkWare, Geometry Research, ReadyPlayerDAO, Neon DAO, Delphi Ventures, Lemniscap, Fabric Ventures, Road Capital, Formless Gamma, and Bonfire Union. The round also saw participation from individual investors including Stateless Ventures founder Matt Slater and The Block’s VP of Research Larry Cermak.

MatchboxDao also announced a valuation of $50 million and said in a press release it would use the funding to accelerate gaming initiatives. The DAO, which builds on StarkNet, is focused on developing two projects. The first project, Matchbox Spark, will serve as an incubator for projects providing mentorship and funding for game developer teams. While the second project, Matchbox Studios, is building a set of core games and a suite of tools for accelerating its game development.

formless gamma – RE3W.IO

Matchbox DAO Has Announced $7.5 Million Seed Funding Round