The Venture Codex Logo

The Venture Codex

Iskra

24 Raffles Place, #17-04, Singapore, Central Singapore, 048621

Overview

Iskra operates a blockchain-based platform that helps projects launch games and conduct governance token sales. Founded in 2022, the startup previously raised a seed round of roughly 520 billion won. The company is migrating its hub chain to Coinbase’s Base mainnet and has announced a tokenomics overhaul and plans to build a layer‑3. Iskra unveiled an ISK 10 million coin airdrop tied to the Base migration and plans bimonthly governance‑token airdrops for onboarding games. It is also introducing an ActivityFi rewards system and has published an ISKRA 2.0 roadmap aimed at becoming an all‑in‑one web3 platform. The platform says it will focus on global user activation and community growth. Iskra is a web3 community game platform that uses a community‑forward system to reward stakeholders and integrate sustainable tokenomic solutions for game developers. The company says it seeks to bridge web3 adoption between early adopters and the mainstream by combining enjoyment, sustainability and blockchain technology. Iskra announced it raised $40M from Korean tech and gaming companies including Krust, Wemade, Netmarble, LINE Studio and others. It plans to hold its first Token Generation Event (TGE) on the global exchange Gate.io on Sept. 29, 2022 and is partnering with Gate.io for the launch. As part of Gate.io’s Startup program, eligible users can receive up to 500,000 ISK tokens by staking USDT beginning Sept. 28, 2022. Despite challenging market conditions, Iskra says it is continuing to advance development milestones and launch major platform components.

Total raised
$40M
Funding rounds
2
Latest round
Equity
Latest activity
Sep 2022

Industries

  • Blockchain
  • Gaming
  • Software
  • Virtual Reality
  • Web3
Visit website

Recent funding

  1. Equity

    Sep 2022

    $40M

Team