Crystal Fun Secures $5 Million Funding Boost

Crystal Fun, a gaming startup, secured $5 million in funding from investors including KuCoin Ventures and others.

Investors include KuCoin Ventures, Comma3 VC, Stratified Capital, Cypher9 Ventures, Water Drip Fund, aelf Blockchain, Actoz Soft, and Masverse contributed $5 million to Crystal Fun’s initial round.

The funding will help the business speed up its decentralised gaming ecosystem, which lets game makers integrate Web3 gaming elements into AAA titles. Crystal Fund has already revealed four big games that would be part of its ecosystem: Survivor, STARFALL2312, Endless War, OUTER (which has finished its initial testing phase), and Endless War.

The company’s staff includes seasoned professionals with backgrounds at Actoz, Shengda Games, Tencent, Ubisoft, Gameloft, and Glu. The release claims that the company’s goal is to “revolutionise” the gaming industry through the integration of sustainable economic systems with top-tier games.

Lou Yu, Head of KuCoin Ventures, expressed his excitement about the partnership with Crystal Fun and their goal of building a decentralized gaming ecosystem that is fun and financially viable when asked about his business’s strategic investment in the startup. Being a part of the future generation of gaming is an exciting prospect, and our investment is in line with our efforts to encourage innovation in the blockchain field.

The collaboration between Crystal Fun and KuCoin Ventures signifies a major step forward in our mutual objective to enhance the gaming environment in the Web3 domain, as stated by Paul Lessells, CEO and co-founder of Crystal Fun.