Poland-based Insert Stonks has announced the completion of a pre-seed round with $2.5 million in investments. FunFair Ventures, a UK-based venture capital firm that supports and invests in early-stage projects using blockchain technology, led the funding round. The company stated that the capital will be used in the development of its Web3 game monetization infrastructure.
The company is working on a game monetization infrastructure based on Web3. There are currently two different platforms: is_engine for game developers and is_games for gamers. Insert Stonks stated that game developers could quickly and transparently monetize games using the personalized tools provided on the platform without the need for additional coding.
The platform offers gamers the opportunity to make money while playing the games they enjoy. The company noted that the platform’s infrastructure is compatible with most games with quick integration. Within an hour, a game can be integrated into the infrastructure that players can access. All parties are able to access the platform, whether they are small independent developers or large AAA studios.
Insert Stonks stated that the platform currently holds eight games, as globally popular online FPS Counter-Strike: Global Offensive will also be included in December. The company looks to build upon its success by carrying the platform to 100,000 players, 100 available games, and ten high-profile sponsors by the end of 2023.
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