Metaverse game platform Avalon Corp announced the completion of a new round of financing of US$13 million, co-led by Bitkraft Ventures, Hashed, Delphi Digital, and Mechanism Capital, with participation from Coinbase Ventures, Yield Guild Games, Merit Circle, Avocado Guild, and Morning Star Ventures.
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It is reported that Avalon Corp will use blockchain technology and game engines to build a “digital universe” platform, aiming to build a real “metaverse”. Taking advantage of emerging technologies to provide services to users, as blockchain is “perfect for disrupting paradigms.”
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