SAN FRANCISCO & PALO ALTO, CALIFORNIA, JULY 2022 - Sanlo, the fintech company helping game and app developers scale with financial tools, insights and non-dilutive capital, has partnered with Stardust, the platform enabling game developers to build on blockchain with a powerful low code API solution.
Developers using Stardust's platform to build on blockchain will now have access to Sanlo's financing and technology. Representing a developer-centric alternative to venture capital, publisher, and bank financing, Sanlo provides developers with financial solutions to build and scale in a way that doesn’t dilute creative or business ownership. Stardust, whose technology infrastructure and blockchain agnostic approach attracts new and established game developers, will now offer Sanlo’s services as part of the Stardust ecosystem.
With the venture capital landscape in gaming currently slowing down, this timely partnership provides developers with much-needed alternative financing routes, alongside Web3 capabilities, unlocking significant growth potential in the process. With this collective service offering, the partnership aims to help developers focus on building rather than raising funding rounds.
Atif Khan, COO of Stardust, comments, “We saw synergy between Sanlo and Stardust in how we both empower developers and fuel the creator economy in gaming. The Stardust API technology gives game developers the tools to build on blockchain without the complexities and the Sanlo partnership with Stardust can help enable them to scale without diluting creative and business ownership."
“Our goal is neatly aligned with that of Stardust’s”, adds Olya Caliujnaia, CEO and Co-founder of Sanlo. “Both organisations want to support the gaming creator economy and empower developers around the world. We are beyond excited to be partnering with Stardust and to provide such complementary services to the gaming community. Together, we can equip the next generation of developers with the tools they need to thrive.”
About Sanlo
Founded in 2022 by Olya Caliujnaia (CEO) and William Liu (CTO) in San Francisco, Sanlo employs a team of 15 people and has raised $13.5M in investment to date. The fintech startup provides digital financial advice and non-dilutive capital to game and app developers. Investors include Konvoy, Initial, Index, Portage, XYZ, GFR, London Venture Partners and Fin Capital.
About Stardust
Stardust powers the metaverse by making it possible for game developers to enable NFTs in their games with a blockchain-free API. Empowering game developers to build on blockchain via their effortless back-end solution, Stardust provides a seamless ecosystem for game publishers to build and scale metaverse-ready games. From a growing list of blockchain options to provisioned player-wallets using proprietary Stardust Vaults and a built-in NFT marketplace, Stardust is paving the path to the next era of gaming.
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Announcements
Stardust and Sanlo Partner to Provide Web3 Infrastructure and Alternative Financing for Game and App Developers
The new partnership will empower developers to retain creative and financial independence while seamlessly expanding into Web3
[This unedited press release is made available courtesy of Game Developer and its partnership with notable game PR-related resource Games Press]