- Oct 25, 2021
- Reaction score
P2E Organization Avocado Guild Raises $18 Million From Strategic Investors
According to an announcement from
Avocado Guild's Series A Fundraise has officially closed in at $18 Million co lead by
Thank you to our investors, and most importantly our fellow Avocadians.
Time to build the future of P2E.
— Avocado Guild (@Avocadoguild)
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
“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 Smart Chain, Goldentree Asset Management, Polygon Studios, Three Arrows Capital, 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 (DAO) 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. Ubisoft
What do you think about Avocado Guild raising $18 million and its plans to become a DAO? Let us know what you think about this subject in the comments section below.