Crypto Gaming Studio Avalon Secures $10 Million Investment

Recently, Bitkraft Ventures and Hashed led a $10 million investment in the innovative crypto gaming company, Avalon. This financial injection will help bring to life Avalon’s first game, a massive, multiplayer online title with grand ambitions.

Aavalon is thrilled to share that we’ve successfully completed a $10 million investment round, with BITKRAFT Ventures and HASHED spearheading the process. This significant funding will enable us to advance the development of Aavalon’s ecosystem and bring our community the future of gaming experiences. Pre-register now for our Quests System on our website.

— AVALON (@avalon) April 15, 2024

Later in 2021, “Avalon,” the upcoming game, will be launched. It offers an appealing combination of sophisticated technology and intuitive content creation features for users.

Technological Innovation and Partnerships

A team from Avalon, made up of experienced professionals from well-known web2 gaming businesses, is collaborating with advanced AI companies Didimo and Inworld AI to create their premier game.

At Avalon, we blend Unreal Engine 5 for an engaging experience and make game development easier with no-code methods. Furthermore, we intend to introduce a collection of NFTs, each including unique AI-driven avatars, adding depth to the game’s living world.

In this investment round, we’re pleased to welcome prominent investors such as Coinbase Ventures, Spartan Capital, and LiquidX, demonstrating the broad backing for Avalon’s innovative concept within tech and gaming industries. Later in 2021, early adopters of “Avalon” can look forward to exclusive access, with the gaming community eagerly anticipating potential breakthroughs in synthetic reality.

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2024-04-15 23:00