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Crypto Gaming Startup Stardust Raises $30 Mn

A $30 million fundraising round led by cryptocurrency venture capital company Framework Ventures was announced by Stardust, which offers developer tools for creating blockchain-based games, on Tuesday.

Canaan Linder, the company’s CEO, started the venture in California in 2018. In an interview, he said that he first learned about blockchain when he came across the online game CryptoKitties, which lets players own, sell, and breed cats represented by nonfungible tokens. He had previously worked at Bloomberg LP as a software engineer.

Players have expressed concern about the usage of NFTs and blockchain in games, but Linder argued that it’s crucial to include conventional game producers in the conversation. Stardust and game producer Tilting Point have previously partnered to support the development of blockchain games.

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