This is the second funding round for the company who has still not given a full valuation.
Stardust provides developer tools for building blockchain based games. It was founded in 2018 by Chief Executive Canaan Linder who developed the idea after becoming frustrated playing #CryptoKitties. He was quoted as saying:
"The user experience, even for me as a software engineer and developer, was very difficult."
Linder also went on to state the importance of bringing traditional gaming companies on board. This is reinfroced by the fact the Stardust has teamed up with game publoxher Tilting Point. He stated:
"Web3 is an industry that is not going away."
Stardust will generate revenue by charging game creators a monthly per player cost as well as a fee for each blockchain transaction.
Funding for NFT gaming start-ups is maintaining growth and companies like Stardust will help in expanding the space further.
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