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Starly Closes Pre-IDO Funding Round of $6.1 Million and Announces Future Plans

Starly, the launchpad and marketplace for gamified NFTs, has just closed its pre-IDO funding round with $6.125 million raised from numerous global investors, led by Spartan Group.

The funding round includes some of the most notable investors such as Dapper Labs,  Animoca Brands, LD Capital, Double Peak, Axia8, Youbi Capital,  Shima.capital, SkyVision Capital and high-profile angels including Marat Kichikov, managing partner at BitFury Group, who joins in advisor capacity as well.

“We view Starly, with its unique mechanism for creators to create NFT collections, as part of the broader trend of NFT creation and collection becoming more accessible to mainstream audiences,”

said Kelvin Koh, co-founder, partner and CIO of lead investor Spartan Capital.

“The NFT market is one of the fastest growing out there,”

added Marat Kichikov, Managing Partner at the BitFury Group and Starly advisor.

“It will revolutionize a lot of things we use today. The Starly team has a clear vision on how to utilise the technology and build an innovative experience, emphasising the collection phenomenon. Starly connects creators and collectors, helping non-crypto users benefit from the technology. I'm pleased to support the team with my investment and join as advisor.”

Starly is a launchpad and marketplace that enables users to collect and exchange NFTs, giving birth to a gamified ecosystem where collectors can buy and sell their assets in order to complete valuable collections.

“Although the NFT ecosystem is still in its infancy, projects are already becoming set in their ways,”

said Ilja Terebin, CEO of Starly.

“It’s hard to find true innovation from the same NFT issuing and reselling market, but at Starly we’ve created something truly different: a platform where NFTs can be instantly minted, gamified, given rare status, and used as both part of a collection and as something users can enjoy.”

Starly has generated more than $750,000 in sales since its launch in late September and has become a strategic partner of the very popular Flow Fest, providing the infrastructure that hosted its famous “Mystery Pack giveaway” and involved around 70,000 users.

After a fruitful period of fundraising and partnerships, the Flow-backed platform has also announced the launch of its STARLY token, IDO will take place on December 20th followed by listing on tier1 exchange on December 21st.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed to be financial legal or tax advice. Trading Forex, cryptocurrencies, and CFDs poses a considerable risk of loss

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