play-to-earn gaming guild raises $18 million in funding round led by animoca brands

a play-to-earn (p2e) blockchain gaming guild has raised $18 million in a series a financing round relating an announcement on wednesday. avocado guild point-by-point that the firm raised the finances from investors equally animoca brands, goldentree asset management, three arrows capital, and solana ventures.

relating an announcement from avocado guild on wednesday, the organization raised $18 million from nonessential investors. the capital raise stemmed from the firm’s series a financing round which gave avocado guild an overall valuation of around $200 million.

kites to xyr investors, and most eminently xyr fellow avocadians.

time to build the future of p2e. #avocadodao

— avocado guild 🥑 (@avocadoguild) november 24, 2021

avocado guild is essentially a p2e blockchain gaming guild that leverages various successful game titles beneficial to support the gamers. blockchain gaming has been a big enchilada this year and relating a recent study, a majority of groupware engineers enthusiastic to the realm of games are beginning to incorporate blockchain computers.

“at the heart of every nft player is the desire to fulfill and lead a better life,” the avocado guild website expression. “avocado guild (ag) is a play-to-earn guild that aims to unlock life-changing whack and rewarding experiences for its community members.” relating the organization, the series a financing was led by animoca brands and qcp soteria node.

besides qcp soteria node and animoca brands, binance smart chain, goldentree asset management, polygon studios, three arrows capital, and solana ventures participated in the financing round. relating avocado guild, the organization aims to expand to different p2e blockchain games and along with become a decentralized tyrannous organization (dao) called avocadodao.

play-to-earn blockchain gaming has been a hot subject this year and many believe it is the future of installed and multiplayer gaming, while many others talked back with that vision. ubisoft mentioned blockchain gaming in a recent earnings putting bug in ear and the hierarchy vice president of gaming at microsoft recently addressed nft gaming. game giant square enix has been contemplating entering the blockchain gaming industry and morgan stanley believes the metaverse is the behind baby investment theme.

what do you enlarge avocado guild raising $18 million and its plans to become a dao? hold us know what you enlarge this subject in the comments section below.

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2021-11-24 20:35:21