Saakuru Labs Secures $2.4 Million to Propel GameFi Growth

Saakuru Labs' Funding Success

Saakuru Labs has successfully raised $2.4 million in a private funding round to advance the Saakuru Protocol's adoption. This capital injection aims to accelerate its growth within the GameFi sector, a rapidly expanding segment of the blockchain industry. The protocol's remarkable scalability and efficiency have garnered over 430,000 wallet holders and a daily transaction volume exceeding 200,000, establishing it as a leading Layer 2 (L2) solution.

Expanding the Saakuru Ecosystem

The Saakuru Protocol ecosystem is poised for significant expansion in 2024, with over 40 projects planned for launch. Among these, PlayGround, developed by Worlds Beyond, is anticipated to draw substantial interest. Other notable titles include Crypto Run and Soccer Sage, which promise to captivate a global audience. Worlds Beyond is also set to introduce three additional games, further enriching the Saakuru ecosystem.

Diverse Investor Backing

Leading the funding round are Based VC and ARC Community, demonstrating strong confidence in Saakuru Labs' vision. They are joined by a consortium of blockchain investors, including Kyber Network, PG Capital, and Wizard Capital, to name a few. This diverse backing underscores the widespread belief in the protocol's potential to transform DeFi and blockchain scalability.

Strategic Goals and Community Engagement

The strategic aim of this funding is to broaden Saakuru Protocol's adoption and establish a robust foundation for future advancements. By involving a wide array of stakeholders—from institutional investors to industry influencers—Saakuru Labs seeks to cultivate a dynamic ecosystem. This approach highlights the company's dedication to innovation, inclusivity, and collaboration within the blockchain domain.

About Saakuru Labs

Saakuru Labs offers a consumer-focused L2 Protocol with Zero Transaction Fees, enhanced by the Saakuru Developer Suite, allowing seamless Web3 integration. Its fast block time supports on-chain applications like MMORPG games, ensuring a smooth user experience by eliminating gas fees. This makes Saakuru particularly appealing to newcomers in the Web3 space.