A play-to-earn (P2E) blockchain gaming guild has raised $18 million in a Series A financing round according to an announcement on Wednesday. Avocado Guild detailed that the firm raised the funds from investors such as Animoca Brands, Goldentree Asset Management, スリーアローズキャピタル, and Solana Ventures.
P2E Organization Avocado Guild Raises $18 Million From Strategic Investors
According to an announcement from Avocado Guild 水曜日に, the organization raised $18 million from strategic investors. The capital raise stemmed from the firm’s Series A funding round which gave Avocado Guild an overall valuation of around $200 100万.
Avocado Guild’s Series A Fundraise has officially closed in at $18 Million co lead by @animocabrands @kyled116 @hashed_official #QCP Soteria
Thank you to our investors, and most importantly our fellow Avocadians.
Time to build the future of P2E. #avocadodao pic.twitter.com/mdAH9MzpHZ
— Avocado Guild 🥑 (@Avocadoguild) 11月 24, 2021
Avocado Guild is essentially a P2E blockchain gaming guild that leverages various successful game titles in order to support the gamers. Blockchain gaming has been a big deal this year and according to a recent study, a majority of software engineers dedicated to the realm of games are beginning to incorporate blockchain technology.
“At the heart of every NFT player is the desire to succeed and lead a better life,” the Avocado Guild website details. “Avocado Guild (AG) is a play-to-earn guild that aims to unlock life-changing opportunities and rewarding experiences for its community members.” According to the organization, the Series A financing was led by Animoca Brands and QCP Soteria Node.
In addition to QCP Soteria Node and Animoca Brands, Binance スマートチェーン, Goldentree Asset Management, Polygon Studios, スリーアローズキャピタル, and Solana Ventures participated in the financing round. According to Avocado Guild, the organization aims to expand to different P2E blockchain games and also become a decentralized autonomous organization (ダオ) called Avocadodao.
Play-to-earn blockchain gaming has been a hot subject this year and many believe it is the future of online and multiplayer gaming, while many others disagree with that vision. ユービーアイソフト 言及された blockchain gaming in a recent earnings report and the executive vice president of gaming at Microsoft recently 対処 NFT gaming. Game giant Square Enix has been contemplating entering the blockchain gaming industry and Morgan Stanley 信じている the metaverse is the next big investment theme.
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