Susquehanna International Group (SIG) led a $10 million fundraising round for metaverse co-creation platform StarryNift, according to an emailed release from the companies.
Binance Labs, BSC Fund, Alameda Research, and GBV Capital are among the other investors in the pre-A round. SIG was one of ByteDance, TikTok’s Chinese parent company first ,’s and largest investors.
Players and commercial users can generate, auction, trade, and play with non-fungible tokens on StarryNift (NFTs). Players can design their avatars and farm rewards for engaging in and contributing to the project’s development, in addition to digital stuff.
“The uniqueness and irreplaceability of NFTs allows digital content to become assets, and the game is one of the most appropriate digital materials with NFTs,” said Lv Nan, a SIG investment manager who recently joined StarryNift’s board of directors. “Game tokens, equipment, and pets can all be digitized and turned into digital money.”
“By incorporating NFTs into games, players can earn prizes and get more invested over time, making NFT games more interesting and long-lasting,” he said.
Later this month, StarryNift will have its Anniversary Carnival, which will include the launch of the “Starry Verse” metaverse, a marketplace, a spacecraft exploration game, and other features.