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AI Metaverse Game AVALON Completes $10 Million Financing, Led by BITKRAFT Ventures and HASHED

BlockBeats news, on April 15, according to official news, AI metaverse game AVALON completed $10 million in financing, led by BITKRAFT Ventures and HASHED, and participated by Coinbase Ventures, Foresight Ventures, Delphi Digital, Spirit DAO, Sanctor Capital, DEXT Force Ventures, Follow the Seed, LVT Capital, Andromeda Capital, FocusLabs, LiquidX and Momentum6.


Avalon CEO and founder Sean Pinnock said that Avalon Universe prioritizes providing an immersive gaming experience by combining cutting-edge technologies such as Unreal Engine 5 with an AI-assisted user-generated content system. The team focuses on code-free solutions that enable players to easily create game logic. In addition, the project's upcoming NFT series will introduce AI-driven avatar NFTs.


The announcement stated that the closed early access version of the game will be launched later this year.

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There were 19 financings last week, with a total amount of approximately US$218.9 million and an average financing amount of US$11.5211 million.
The total number of financings last week was 25, with a total amount of approximately US$750 million and an average financing amount of US$30,089,400.
The total number of financings last week was 32, with a total amount of approximately US$6.35611 billion and an average financing amount of US$198.6284 million.
The total number of financings last week was 27, an increase from the previous period, with a total amount of approximately US$127.175 million and an average financing amount of US$4.7102 million.
GM! A list of important crypto industry news from last night and this morning on April 16
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