Saakuru Labs concluded a thriving $2.4 million fundraising campaign, with investments pouring in beyond expectations. This financial boost ensures Saakuru Protocol’s expansion in the GameFi industry. With this financial support, the protocol is poised to foster adoption and promote groundbreaking innovation within blockchain gaming.
With the guidance of Based Venture Capital and the ARC community, this financing event signifies the market’s faith and optimism in Saakaru’s ability to make a significant impact on the GameFi sector.
Funding Allocation
The money raised during the funding round will mainly be invested in enhancing the effectiveness and capability of Saakuru Protocol. This improvement will strengthen its infrastructure to accommodate over forty new projects planned for 2024, including PlayGround from Worlds Beyond. The addition of PlayGround to these forty projects is anticipated to lead to substantial expansion in user base and interaction.
Saakuru Labs plans to offer various games including the exciting Soccer Sage betting game and the widely-loved Crypto Run game, in addition to PlayGround. This selection of games caters to different preferences and skill levels for each user.
Investor Support
The financing event not only brought in capital but also drew significant interest from prominent investors in the blockchain sector, like Kyber Network, PG Capital, and Ivan on Tech.
Reputed investors’ endorsement of Saakaru’s GameFi strategy and belief in its sectoral influence is underscored by their financial support. Additionally, this investment brings valuable industry connections and strategic guidance to accelerate Saakuru’s expansion and significance within the GameFi market.
Saakuru Sees Rapid Adoption
The Saakuru Protocol is gaining more and more followers, with over 430,000 wallets currently in use on its mainnet, making it the fourth busiest layer 2 (L2) solution in existence. This swift increase in popularity can be chalked up to the impressive performance and dependable service that the protocol offers to its users.
Prioritizing the needs of the community, Saakuru Protocol enhances user experience by eliminating transaction fees when playing games. Consequently, Saakuru emerges as the go-to platform for all GameFi users seeking zero-fee transactions, thereby fueling its expansion within the GameFi sector.
A Fee-Free GameFi Future
Saakuru Labs intends to bring its groundbreaking concept to life with this funding round. By creating a strong and interactive GameFi platform, we aim to facilitate a seamless shift from Web2 to Web3 for the community.
At Saakuru Labs, our goal is to revolutionize blockchain gaming within the GameFi marketplace. This investment infusion strengthens our position and guarantees a lasting impact, paving the way for continuous innovation in the coming years.
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2024-04-16 16:04