Triple-A Game SkyArk Chronicles Completes $15 Million Funding Round, Led by Binance Labs
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SkyArk Chronicles recently announced the successful closure of a $15 million funding round led by prominent investors including Binance Labs.
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According to a release by X on January 12, SkyArk Chronicles secured funding led by Binance Labs, along with contributions from VividThree, GuildFi, Jambo, BreederDAO, Kyros Venture, and notable individuals such as LayerZero CEO Bryan Pellegrino and Tangent Ventures co-founder Wangarian.
The current allocation and valuation of investments in SkyArk Chronicles by these funds have not been disclosed.
In their profile description, SkyArk Chronicles identifies itself as a Triple-A (AAA) game, a label typically reserved for high-budget game projects. Initial impressions suggest SkyArk falls within the action RPG genre, featuring characters designed in an anime-inspired style.
Cooking up some fresh details for our next drop!
— SkyArk Chronicles (@SkyarkS) December 2, 2023
Stay tuned for the juicy deets that'll make those $SAC rewards even more enticing! pic.twitter.com/Q0fmxvUhbH
With Binance's endorsement, their incubator fund often serves as a benchmark for evaluating projects within the community, seeking early investment opportunities in promising ventures based on their vision.
Earlier this January, Binance Labs also invested in Memeland, a project affiliated with the 9GAG meme-sharing platform. This investment notably caused a 30% surge in the MEME token price following its announcement.