Iskra Secures Investments From Base, GSR, and Planetarium

Iskra
Iskra
Published in
3 min readAug 23, 2024

It’s a big month for Iskra as we secured strategic investments from Base Ecosystem Fund , GSR , and Planetarium Labs — three of the leading global names in the industry.

With their support, we’re thrilled to bring Iskra’s range of services to the next level as an all-in-one Web3 gaming and publishing platform.

“Following the Animoca Brands’ investment in April, it is significant that ‘key players’ from various Web3 players gathered in Iskra’s strategic investment,” Iskra’s CEO and co-founder Eugene Lee explained. “Based on this strategic investment, we will revitalize the Base-based Iskra ecosystem and move forward to an all-in-one Web3 game platform.”

Base Ecosystem Fund

Base Ecosystem Fund, led by Coinbase Ventures, was launched in 2023 and aims to invest in the next generation of projects that’s building on Base.

Continuing on Iskra’s previous collaboration with Base during Onchain Summer 2023 and our migration to Base earlier this year, we are thrilled to forge another chapter that will help us integrate more Base products into the Iskra ecosystem.

This includes Smart Wallets that allows users to log in to their accounts easily with a passkey while doing away with the need for extensions, app installs, or complex seed phrases. It’s one wallet and one address that implements enterprise-grade security and works universally across major L2s and onchain apps.

We’re also looking forward to integrating for a simple and magical gasless user experience on the Iskra platform.

GSR

GSR is the global leader in crypto trading and market-making, and they specialize in providing liquidity, trading, and risk management solutions.

With a decade of crypto market expertise as a market maker and multi-stage investor, GSR has made a name for itself by building long-term relationships with clients through exceptional service.

By securing a strategic investment from GSR and having their support, we’re thrilled to continue building Iskra’s vision of creating an all-in-one Web3 game platform and publishing business, while leveraging GSR’s global top-tier liquidity capabilities.

Planetarium

Planetarium Labs is a community-driven Web3 gaming company that builds immersive and moddable gaming experiences for users around the world.

Its flagship title Nine Chronicles is a fully onchain and open-source MMORPG that’s currently ranked among the top five RPG games on DappRadar.

This allows Iskra to deepen its connection with the Nine Chronicles community while expanding its influence in the Web3 gaming space through joint marketing efforts and future collaborations.

About Iskra

Iskra is a single-destination Web3 game platform for developers and players that rewards them for their contribution and participation through a unique community system on the blockchain. This allows stakeholders to take a major part in building the platform for future growth.

Current services include a wallet, DEX, marketplace, NFT Mission Card (daily reward), governance staking and voting, and soon-to-launch Web3 casual and hyper-casual games.

Backed by some of the biggest technology and video game companies in South Korea, Iskra ranks in the top categories for gaming in DappRadar for unique active wallets per day and engagement.

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Originally published at https://news.iskra.world on August 23, 2024.

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Iskra
Iskra
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