Why NFT Driven Startups Are Resurrecting Gamer Funding

KGeN

Manish Agarwal - Co-Founder

Karma Engine's Playful Resurrection

Mumbai's KGeN, the blockchain gaming rewards platform, minted $13.5 million in a strategic round, elevating total funding to $43.5 million. Led by Jump Crypto, with Accel and Prosus joining, this infusion powers cross-game NFT rewards and loyalty ecosystems.

KGeN's ‘Karma Engine’ turns playtime into tokenized badges, redeemable across titles. This round resurrects inclusive funding by rewarding casual gamers early adopters saw 4x returns via quests driving 1.2 million monthly users and a 200% spike in engagement for partnered studios.

STAN

Parth Chadha, Co-Founder & CEO

Social Threads of Mobile Mayhem

Bengaluru's STAN, the Aptos-based mobile gaming community app, secured $8.5 million in seed funding from a powerhouse syndicate including Square Enix, Bandai Namco, Nazara, Google’s AI Futures Fund, Reazon Holdings, and Aptos Labs.

This capital weaves NFT social features like tradable avatars and clan vaults into casual multiplayer hubs.

Total raised, $10 million. STAN revives community-driven funding user-minted NFTs fund dev bounties fostering 500,000 DAUs and positioning it as India's web3 social layer for esports.