Avalon, an independent Web3 gaming studio, recently made headlines by successfully raising $10 million in a funding round led by Bitkraft Enterprises and hashed. Other prominent participants included Coinbase Ventures, Spartan Capital, Foresight Ventures, LiquidX and Momentum6.
The purpose behind this funding was to accelerate the development of this technology Avalon’s first blockchain gaming title, Avalon. This massively multiplayer online (MMO) game will transform the gaming world by allowing players to create, share, play and own their experiences.
In this article, we will discuss what makes Avalon unique and how the company aims to redefine the gaming industry through the innovative use of blockchain technology, AI partnerships and NFT collections.
The concept of Avalon
At its core, Avalon is a sandbox-style MMO game that allows players to explore and create their own unique experiences in a dynamic world. Using Unreal engine 5 and AI-enabled systems, Avalon offers an immersive gameplay experience.
But what sets Avalon apart is the integration of blockchain technology. By harnessing the power of blockchain, Avalon allows players to truly own their in-game assets and experiences. This means that players can trade, sell or transfer their items and creations without any restrictions from the game developers.
AI partnerships for realistic gameplay
To take the gameplay experience to the next level, Avalon partners with AI companies Didimo And Inworld AI. These partnerships enable real-time interactions between players and their characters, making the game feel more lifelike.
By integrating advanced AI technology, Avalon aims to bridge the gap between virtual and real experiences. With realistic in-game interactions, players can truly immerse themselves in the world of Avalon.
The upcoming NFT collection
In addition to using blockchain and AI technology, Avalon is also introducing an innovative layer to the gaming experience through its upcoming NFT collection. These AI-powered avatar NFTs add a whole new level of personalization and customization to the game.
Not only do these NFTs have unique appearances, but they also have their own skills and abilities, making them a valuable asset in the game. This introduces a new level of competitiveness as players will strive to obtain the rarest and most powerful NFTs.
The future of gaming
With the combination of blockchain technology, AI partnerships and NFT collections, Avalon aims to become a disruptive force in the gaming industry. The emphasis on player ownership and user-generated content (UGC) experiences is a step toward transforming the traditional gaming model.
Carlos Pereira of Bitkraft Ventures, one of the leading investors in Avalon, believes the game has the potential to contribute to the concept of Synthetic reality. By blurring the lines between virtual and real experiences, Avalon is paving the way for a new era of gaming.
Early access release
This taste of what Avalon has to offer has left many intrigued and excited to be a part of this gaming experience. With its innovative use of technology, Avalon is sure to make waves in the gaming world and redefine the way we think about virtual worlds.
In short, Avalon’s successful funding round and upcoming game release have put Avalon in the spotlight as a disruptor in the gaming industry. The integration of blockchain technology, AI partnerships and NFT collections sets it apart from traditional games and opens up new possibilities for the future of gaming. Keep an eye out for Avalon’s closed early access release later this year and prepare for an immersive gaming journey.