Iskra, the one that popped the Seed Jackpot...Strategic Investment in …
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Web 3.0-based blockchain game platform Iskra announced on the 30th that it has made seed (initial) investments in Laboon, a joint purchase platform for NFTs.
Based on the blockchain, Iskra operates an "all-in-one" platform that can implement the entire life cycle of Web 3.0 games from game release to Initial Game Offering (IGO), which sells governance tokens. It was founded last year by Lee Hong-kyu, former CEO of Unchain, who oversaw Line's blockchain product field. Along with Vice President Kim Hyun-soo, who went through Netmarble and Han Game, he set up an initial workforce with successive entrepreneurs such as Ryu In-sun, COO, who worked at Nexon, Disney, and Line.
Iskra attracted 52 billion won worth of seed investment from the initial stage of its establishment in April last year, drawing attention from the industry. At that time, not only game developers such as Crust, Kakao's blockchain subsidiaries, Netmarble, Line Studio, and NeoOuts, but also venture capital (VC) such as Kakao Ventures, Fast Ventures, and Kona Ventures invested in the company.
The company's investment in Laboon seeds was made with the aim of seeking synergy between the blockchain-based game community system and the Laboon member community consisting of NFT "whales (large investors)." It is expected that it will be able to contribute to business planning such as generating derivatives and profits using NFTs. It also expects to secure potential NFT customers through collaboration.
