BINANCE LABS DISPUTES SkyArk CHRONICLE'S $15 MILLION FUNDING CLAIM 🔕

Binance Labs has denied its involvement in the recent funding round for SkyArk Chronicles, a gaming 🎼 platform.

In a statement, Binance clarified that it had only incubated the project in 2021 and did not participate in the $15 million funding round.

The reaction from Binance Labs came after an announcement claimed that it had led the funding 💰 round. Binance Labs requested that SkyArk correct the statement and delete 🚼 the social media post, but it seems no further action was taken.

Binance Labs stressed that it was unaware of the $15 million đŸ’” investment and wanted to prevent any misinformation about the project.

SkyArk Chronicles has since apologized 🙏 for the incorrect claim after Binance Labs' clarification.

The gaming 🎼 platform closed its funding round on January 12 and garnered over 50,000 ETH during its Genesis NFT sale on January 26.

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