AI metaverse game AVALON completes $10 million financing, led by BITKRAFT Ventures and HASHED.

ChainCatcher news, according to official sources, the AI metaverse game AVALON has completed a $10 million financing round, led by BITKRAFT Ventures and HASHED, with participation from Coinbase Ventures, Foresight Ventures, Delphi Digital, Spirit DAO, Sanctor Capital, DEXT Force Ventures, Follow the Seed, LVT Capital, Andromeda Capital, FocusLabs, LiquidX, and Momentum6.

It is reported that the studio plans to release a massively multiplayer online game, Avalon, with a closed early access version set to launch later this year. The Avalon metaverse will combine technologies such as Unreal Engine 5 with an AI-assisted user-generated content system. In addition, the upcoming NFT series for Avalon will introduce AI-driven avatar NFTs.