Avalon raised $13 million to create a new interoperable digital universe. Leading Delphi Digital, Bitkraft Ventures, Hashed Fund, Mechanism Capital. Took part Coinbase Ventures, Yield Guild Games (YGG), Merit circle, Morningstar Ventures, Avocado Knife.
Avalon is a studio dedicated to the development of a platform and tools that can bring changes in the field of game creation and virtual experience. Orlando-based company On board are game developers from majors such as Electronic Arts, Microsoft, Blizzard and Sony, who have previously worked on EverQuest, Call of Duty, Diablo, God of War, Assassin's Creed and Elden Ring. The focus of the company is focused on the use of innovative mechanics in games, rather than financial transactions in the metaverse. One of the main ideas is to create an interoperable universe that is connected with the help of game engines and blockchain technology.
Few and far (FAR) has raised $10,5 million to expand capabilities, improve user experience, and increase the number of Web3 developers. Few and far is a comprehensive platform enabling NFT-related activities including a set of developer tools. Leading Pantera Capital, took part Hypersphere Ventures, Huobi Capital, Cypher Capital, MetaWeb Ventures, K5 Global, Mantis Partners.
Few and far (FAR) is a Near platform that includes DeFi, gaming, and an NFT marketplace.
RepubliK closed the seed round for $3,5 million, increasing their valuation to $75 million. The only investor was a venture capital company from Hong Kong Sora Ventures.
RepubliK is a Web3 content creation platform that allows creators to interact with their audience and use built-in smart contracts to manage monetization. The platform was launched in November 2022 and has already attracted over 85000 users who have signed up for the alpha version. And also RepubliK pay 100% of earnings to creators.
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