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Nerdystar - Seed Round
Overview
Funding Date
August 9, 2022
Financing amount
$5.8M
Valuation
--
About Nerdystar - Seed Round
Nerdystar announced a $5.8 million seed round on Tuesday to produce blockchain games based on Line Games' web2 brands. South Korean investment firm Blocore led the round, which also saw participation from Bitkraft Ventures, FTX Ventures, GuildFi, Formless Capital, VistaLabs, Seum and SBXG. The company previously received $5 million from Line Games, bringing its total funding to almost $11 million.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Korea (the Republic of) | 2020 | 9 | -- | ||
| Fund | United States of America | 2017 | 55 | -- | ||
| Corporate | Hong Kong | 2019 | 63 | -- | ||
| DAO | -- | 2021 | 18 | -- | ||
| Fund | -- | -- | 32 | -- | ||
| Fund | Korea (the Republic of) | 2021 | 5 | -- |
Founders & Team
Alan Huh
Company Profile / Project Introduction
Nerdystar launched in February this year with Line Games' former head of business, Alan Huh, as CEO. It currently has a team of more than 100 developers and artists, most of whom are transplants from Line Games' Oozoo studios.
Nerdystar has plans to develop features such as a marketplace and a DAO and offer NFT staking. The company is looking at DAOs as a way of granting players greater ability to develop and operate games as they desire. It also plans to read and analyze users' on-chain transactions to provide them with personalised NFT items.