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Starly Raises a Whopping $6.125M in Pre-IDO Funding Round -Breaking

by Mike Robinson

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Starly raises $6.125M for Pre-IDO funding round
  • Starly raised $6.125m after an IDO-funded funding round that was successful and partners.
  • DAO Maker will launch its Starly token IDO on December 20,
  • The December 21st announcement will announce the listing of STARLY tokens on a tier 1-DEX.

Starly announced that its $6.125m pre-IDO round of funding has been closed. According to the team, major international investors were present, including Spartan Group, a leading blockchain advisory and investment firm.

Starly, which is both a marketplace and a launchpad for NFTs, allows users to exchange and collect them. It also provides a platform where collectors and dealers can sell and buy their items to build valuable collections.

Dapper Labs was among those who participated in this funding event. Animoca Brands (Dapper Labs), LD Capital and Double Peak were also present. High-profile angels such as Marat Kichikov (Managing Partner at BitFury Group) were also part of the list.

Kelvin Koh is co-founder, partner and CIO at Spartan Capital. He expressed his opinion on Starly. According to him, Spartan Capital views Starly with its unique ability for creators of NFT collections to be part of a larger trend in NFT creation becoming more accessible and easier to access to mainstream audiences.

Marat Kichiknov, Managing Partner at the BitFury Group and Starly advisor adds on’

NFT is growing at an incredible rate. The technology is expected to revolutionize many things. Starly has an innovative vision of how to use the technology. Starly is a platform that connects collectors and creators. This allows non-crypto users to take advantage of the technology. I’m pleased to support the team with my investment and join as advisor.

Starly, which was launched in September 2017, has seen more than $750,000 in revenue and is now a strategic partnership with Flow Fest. As a result of this partnership, Starly was able to host its famous “Mystery Pack Giveaway” which attracted over 70,000 users.

Starly confirms that its collaboration with Flow Fest involves building an internal marketplace on Starly that will facilitate Flow’s partners to exchange NFTs. Starly was also granted a grant in the same way by Dapper Labs (creator of the Flow Blockchain).

The launch of Starly Native Token, STARLY was the next great thing for Starly, given its successful partnerships and fundraising. DAO Maker will host the IDO on December 20th, followed by a listing at a tier 1 DEX[1]The 2021 Christmas Special will be announced on December 21st, 2020.

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