Shoot-em-up Blockchain Game Shrapnel Closed $7 Million in Funding via Token Sale with Dragonfly Capital and Others

Avalanche-based shoot-em-up blockchain game Shrapnel has closed a $7 million funding round through a token sale with participation from Dragonfly Capital, Three Arrows Capital and others. Neon, the studio developing Shrapnel, previously closed a $10.5 million funding round led by Griffin Gaming Partners and Polychain Capital in November 2021.