Shards has raised $2 million across multiple rounds.
Shards has raised $2 million across multiple rounds.
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Shards Protocol raises $2M for Web3 reputation and rewards system

Shards Protocol, a reputation protocol that rewards users for their Web3 milestones, has
raised $2 million across multiple funding rounds.

Participating in the round were Animoca Brands, Kyber Ventures, and more. Earlier this year, the company announced its expansion from Shards.Tech to Shards Protocol, taking user acquisition and rewards to the next level. Web3 gaming guilds such as Yield Guild Games also made a strategic investment into Shards Protocol.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.