Morningstar Ventures

Morningstar Ventures is a Dubai-based venture capital firm that concentrates on digital assets, blockchain technology, cryptocurrency, and related sectors such as gaming. Founded in 2020, it backs early-stage founders and participates in both token and equity investments. Led by Chief Investment Officer Danilo S. Carlucci, the team combines expertise across technology, marketing, growth strategy, design, and UI/UX to support projects in the Elrond ecosystem and beyond. The firm has launched initiatives such as the Elrond Dubai Incubator to assist projects building with Elrond technology.

Danilo Carlucci

Founder and CEO

Arutyun Nazaryan

Co-Founder and CFO

Past deals in Gaming

Sonic

Series A in 2024
Sonic's objective is to enhance the existing Solana Gaming Ecosystem to handle millions of requests per second per game and redirect them back to Solana L1.

Mirror World

Series A in 2024
Mirror World is a blockchain-based virtual world, also known as the Metaverse, where they aim to connect Mirror World with different games and experiences, allowing users to move through different game scenarios with interconnected & independent economic systems.

Tevaera

Seed Round in 2024
Tevaera is a developer of an innovative gaming platform that leverages blockchain technology to create a seamless and fair on-chain gaming experience. It enhances multi-genre game launches and gameplay through its zkStack-based L3 gaming chain, which supports multiplayer features and user-friendly applications. The platform is designed to facilitate the free flow of users, liquidity, and builders within its ecosystem, known as zkNation. By integrating non-fungible tokens (NFTs) and promoting a sustainable play-and-earn economy, Tevaera aims to provide gamers with engaging, enjoyable, and socially connected experiences.

Gunzilla Games

Initial Coin Offering in 2024
An independent game developer focused on creating immersive AAA titles. Known for 'Off The Grid,' a cyberpunk battle royale game featuring highly customizable weapons and advanced 3D scanning technology, Gunzilla aims to break down technological barriers for enhanced gaming experiences.

Ultiverse

Initial Coin Offering in 2024
Ultiverse operates an AI-powered gaming platform and Web3 ecosystem that connects global players through integrated gaming, decentralized finance, and digital asset ecosystems. The platform enables multiplayer battles, character creation, and NFT integration, with options to redeem NFTs for real-life replicas and deliverables upon request. It provides tools for game production and publishing, supporting developers to build, publish, and monetize games within an interconnected environment. The ecosystem also supports liquid staking and other blockchain-enabled features to enhance engagement and asset interoperability across titles. By combining AI-driven gameplay with Web3 capabilities, Ultiverse aims to create a seamless bridge between digital entertainment, asset ownership, and real-world deliverables.

Avalon

Seed Round in 2023
Avalon is an Orlando-based platform and game studio that provides tools and an integrated platform to create games and virtual experiences, enabling collaborative development and the production of immersive digital entertainment for the gaming industry.

yoloyolo

Seed Round in 2022
YoloHub is a developer of a gaming platform that facilitates connections between non-fungible token (NFT) owners and brands, particularly in the fashion and lifestyle sectors. The platform aims to bridge the gap between leading NFT intellectual property holders and various brands, enabling them to collaborate on merchandise sales. By doing so, YoloHub provides opportunities for growth and new revenue models for both the brands and the NFT IP holders, fostering an environment where digital currency assets can be effectively monetized. Through this innovative infrastructure, YoloHub seeks to enhance the engagement between NFT creators and brand partners, driving value in the evolving digital marketplace.

Gunzilla Games

Venture Round in 2022
An independent game developer focused on creating immersive AAA titles. Known for 'Off The Grid,' a cyberpunk battle royale game featuring highly customizable weapons and advanced 3D scanning technology, Gunzilla aims to break down technological barriers for enhanced gaming experiences.

Ancient8

Seed Round in 2022
Ancient8 is a company focused on developing the infrastructure for GameFi, emphasizing community engagement and software solutions. It operates Vietnam's largest blockchain gaming guild and aims to democratize access to social and financial opportunities within the Metaverse. Ancient8 is building products such as GameFi Identity and a Launchpad to facilitate the onboarding of millions of users to GameFi and Metaverse projects. Through a combination of blockchain software development, guild scholarships, education, and institutional-grade research, Ancient8 empowers individuals to participate in play-to-earn video games. The company's vision is to create a platform where users can enjoy gaming while also earning rewards, ultimately contributing to the growth of the Metaverse.

Chillchat

Seed Round in 2022
Chillchat is a Bangkok-based game studio developing 'Tearfallen', an online fast-paced rogue-lite action game set in a unique Pantheonpunk universe.

Cantina Royale

Funding Round in 2022
Cantina Royale is a shooter game that facilitates player-versus-player (PVP) and player-versus-environment (PVE) missions using various NFT collections. Its advanced 3D modeling technology enables interoperability of NFTs within the Cantina universe, allowing owners to lease their digital assets to players and share in-game rewards.

METAMORPH

Seed Round in 2022
Metamorph is a game development company. They offer blockchain development, game development, and game design. Its developers can turn their passion for gaming into real assets.

The Unfettered

Seed Round in 2022
An upcoming action role-playing game built on the Unreal Engine 4, set in a souls-like genre. Players embody a warrior woman tasked by gods to combat underworld monsters that have ravaged the planet.

Jambo

Series A in 2022
Jambo is a technology company building an on-chain mobile network driven by the JamboPhone, a crypto-native smartphone and ecosystem that combines hardware, software, and decentralized services. It operates a distributed mobile-network foundation with nodes across many countries to enable decentralized use cases such as validators and peer-to-peer networking while reducing connectivity costs. The platform includes the JamboApp, which features a multi-chain wallet, an ecosystem dApp store, and opportunities to earn rewards. It also supports gaming smartphones with integrated blockchain technology and financial software to connect users with the global on-chain economy. Jambo aims to onboard millions into the on-chain economy by enabling access to games, cryptocurrency trading, and decentralized finance, with the Jambo Token powering rewards and ecosystem incentives.

Apeiron

Seed Round in 2022
Apeiron is a play and earn NFT game.

Blast Royale

Initial Coin Offering in 2022
Blast Royale is a blockchain-based play-to-earn platform that allows players to earn Craft Spice while playing matches. The game uses two tokens, the primary token Blast (BLST) and Craft Spice (CS), the in-game P2E token of the Blast Royale Metaverse. BLST is used for trading NFTs on the Blast Royale marketplace and crafting new NFTs, whereas CS has numerous utility uses, including crafting and repairing equipment. Players earn CS by taking part in Blast Royale matches.

Dank Bank

Pre Seed Round in 2022
Dank Bank operates a platform that enables trading of fractional non-fungible tokens tied to memes, viral videos, and other iconic Internet moments. The service integrates NFT and DeFi concepts to allow fans to invest in the intellectual property of their favorite creators through fractional ownership, supporting creators in exchange for a stake in their future success. The platform also offers community perks linked to ownership, such as merchandise and access to live events.

Metaverse Game Studios

Venture Round in 2022
Metaverse Game Studios is a blockchain-based software development company that specializes in designing and publishing games for digital platforms. The studio focuses on creating narrative-driven multiplayer strategy games, aiming to enhance the gaming experience for players through cross-platform services. By leveraging blockchain technology, Metaverse Game Studios seeks to innovate within the gaming industry, providing unique gameplay mechanics and a seamless user experience.

Kyoko.finance

Seed Round in 2022
Kyoko is a cross-chain GameFi NFT lending market. The company offers a platform for cross-chain gaming fiction and allows for communication between groups and players. The company also works with the immediate issues that GameFi faces, such as the rising cost of entry.

Ethernal Labs

Seed Round in 2022
Ethernal Labs is a multidisciplinary studio that is leveraging the interactivity and utility of web 3 technology. Ethernal Labs is the premier creative and technology studio for NFT Creation, Metaverse Integration, Fan Tokens, P2E Gaming, and Virtual experiences.

Sovrun

Series A in 2022
Sovrun specializes in producing high-quality gaming assets for blockchain-based games, focusing on breeding and crafting mechanisms. They enable game developers to integrate player-built economies through a custom API toolkit.

STEPN

Seed Round in 2022
STEPN is a blockchain-based fitness application that operates a move-to-earn NFT gaming platform, allowing users to earn rewards for their physical activities. By purchasing non-fungible tokens (NFTs) that have a limited lifespan, users can engage in specific exercises and accumulate the platform's native tokens as incentives for their efforts. The app combines elements of gaming and fitness, encouraging a healthier lifestyle while providing financial rewards for exercising. Through this innovative model, STEPN aims to motivate users to stay active and integrate fitness into their daily routines.

BAYZ

Seed Round in 2021
BAYZ is a decentralized autonomous organization and online gaming platform that aims to bring people into the metaverse through blockchain-based play-to-earn experiences. It collaborates with publishers, content creators and gamers to connect players with NFT-based games and decentralized titles, enabling participation in titles such as Axie Infinity, The Sandbox, Ember Sword and Big Time and offering opportunities to earn money and NFT prizes. The initiative focuses on content and competition to reward engagement and seeks to build future job opportunities around gaming and web3 participation.

Nitro League

Funding Round in 2021
Nitro League is a developer of a Play-to-Earn mobile racing game platform that offers an immersive experience in a hyper-realistic 3D environment. Known for its interplanetary hyper-racing events, Nitro League features diverse islands, cities, and vast landscapes, each with unique characteristics. The platform incorporates solid tokenomics and support for nonfungible tokens, allowing players to engage in revenue-generating opportunities while enjoying the game. By blending engaging gameplay with financial incentives, Nitro League aims to create a fun and lucrative metaverse for its users.

Whydah

Venture Round in 2021
Whydah is a company applying block-chain for studio games.

Ignite Tournaments

Seed Round in 2021
Ignite Tournaments is a technology company developing a mobile application for esports tournaments. Their platform aims to make competitive gaming accessible globally, supporting payouts in 70 currencies across 175 countries. The platform facilitates tournament organization and streaming, enabling mobile-compatible games without existing infrastructure to host web-three enabled competitions.

Domi Online

Seed Round in 2021
DOMI Online is a blockchain-enabled gaming platform that allows players to embark on treasure-hunting adventures while earning non-fungible tokens (NFTs) and in-game currency known as $DOMI tokens. The platform offers a diverse gaming environment, featuring various landscapes such as forests, mountains, beaches, deserts, ruins, caves, and islands. Through these immersive settings, players can engage in exploration and earn rewards, enhancing their gaming experience.

BlockchainSpace

Seed Round in 2021
BlockchainSpace develops software tools for play-to-earn communities, fostering economic opportunities through educational academies. Its platform offers specialized solutions like YEY, Metasports, Creator Circle, and the Guild Partner Program to enhance digital engagement and community growth.

Yield Guild Games Southeast Asia

Seed Round in 2021
YGG SEA is a sub-decentralized autonomous organization (subDAO) of the play-to-earn blockchain game YGG. The YGG SEA will be based on smart contracts built on the Etherum blockchain.

OPgames

Seed Round in 2021
OPgames is a suite of tools that enables game developers to provide mini esports experiences to their players through tournaments and PvP matchups with crypto as buy-in and pay-outs.

Blockchain Monster Hunt

Pre Seed Round in 2021
Blockchain Monster Hunt develops an NFT collectible game that operates across multiple blockchains. It connects diverse blockchain communities, allowing users to play, earn, and interact within a vast, varied monster universe.

TradeStars

Venture Round in 2021
TradeStars Group Corp. is an online fantasy sports platform founded in 2018 and based in Buenos Aires, Argentina. It operates on the Ethereum blockchain, allowing users to create and trade digital assets that represent real-life sports performances. This innovative approach enables sports enthusiasts to express their passion for sports while competing against one another. TradeStars emphasizes true digital ownership, transparency, liquidity, and decentralization within the fantasy sports industry. By leveraging blockchain technology, the platform fosters a new way for users to engage with each other and interact with their favorite sports teams and players, ultimately enhancing the sports experience.

ChainGuardians

Funding Round in 2021
ChainGuardians is a player-driven platform that merges traditional gaming concepts with blockchain technology, utilizing non-fungible tokens (NFTs) within its ecosystem. The company offers an anime-themed battle game designed for entertainment, and supports multiple blockchain networks, allowing for greater accessibility and flexibility. Players can engage in a free-to-play NFT Mining platform and a role-playing game, where they can convert their time and efforts into real rewards. By incorporating these elements, ChainGuardians creates a unique gaming experience that empowers players and leverages the benefits of blockchain.

RealFevr

Series A in 2021
RealFevr is a Portuguese startup based in Lisbon, founded in 2015, focused on fantasy sports platforms. The company operates an online fantasy sports platform that supports classic leagues for beginners and draft leagues for experienced players, with mobile apps that let users assemble teams and compete for rewards such as non-fungible tokens. It positions itself as a market leader in Portugal, with partnerships with Liga Portugal, the Portuguese Football Federation and other entities, and has grown to serve over 1.2 million registered users globally. The team has backgrounds in IT, gaming, betting and blockchain, and employs more than 25 people across Europe, with ongoing plans to expand. RealFevr aims to establish itself in the global sports NFT market and pursue international expansion, leveraging its experience in fantasy leagues to offer an enhanced user experience and new digital collectibles.

Ignite Tournaments

Ignite Tournaments is a technology company developing a mobile application for esports tournaments. Their platform aims to make competitive gaming accessible globally, supporting payouts in 70 currencies across 175 countries. The platform facilitates tournament organization and streaming, enabling mobile-compatible games without existing infrastructure to host web-three enabled competitions.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.