NFT Yield Ecosystem 99Starz Closed $3 Million Private Placement

TokenInsight news, the NFT revenue ecosystem, 99Starz, has closed a $3 million private placement through a $STZ token sale with participation from Animoca Brands, Polygon, ZB Capital, and others. With a total of $STZ of 99 million, the private sale round of 10% of $STZ will have a 6 month lock-in period and will be released linearly on a per-day basis for 26 months after the lock-in period. 99Starz is creating an NFT revenue ecosystem through guild formation and NFT leasing to bring a Play and Earn (P2E) gaming model to millions of gamers. The project is reportedly scheduled to be publicly available on multiple platforms in December for $STZ.