AVALON Raises $10M for Web3 MMO and Quests System, Led by BITKRAFT, HASHED

Apr 15, 2024, 02:15 PM

AVALON, a company specializing in Web3 gaming, has successfully raised $10 million in a funding round led by BITKRAFT Ventures and HASHED, with participation from Coinbase Ventures, Spartan Capital, Foresight Ventures, LiquidX, Momentum6, Delphi Digital, spiritdao, sanctorcapital, DextForce, FollowtheSeed, lvtcapital, AndromedaVC, and fcslabs. This funding will support the development of AVALON's hybrid Web3 MMO and Quests System, anticipated to be a multi-genre MMO universe powered by AI. Founded in 2021, AVALON aims to leverage this investment to expand its ecosystem and introduce innovative gaming experiences to its community.