Avalon Corp Secures $13 Million Funding for AAA Web3 Project: Unveils Stellar Team of Sony and Ex-EA Developers

Avalon Corp Secures $13 Million Funding for AAA Web3 Project: Unveils Stellar Team of Sony and Ex-EA Developers

Play-To-Earn Games News, P2E Games News | 11 Apr 2024 06:07 UTC

Sony Game Developers and Ex-EA Developers Comprise Avalon Corp Team

Avalon Corp.'s Digital Universe receives $13 million in funding to launch an AAA project in the Web3, metaverse, and blockchain gaming

The world is molding itself towards the crypto universe for investments as well as the future. Big companies are getting interested in blockchain and metaverse, or AAA multiverse, and looking for different ways to be a part of it. In a similar effort, Bitkraft Ventures has raised $13 million in funding along with other companies to fund Avalon Corp, a Web3 gaming startup working on the Avalon universe. The companies included are Hashed, Delphi Digital, Mechanism Capital, Coinbase Ventures, and others. The round also received funding from some angel investors, including former Microsoft executive Charlie Songhurst and Twitch co-founder Kevin Lin.

The big news is their team of developers, has worked in huge tech companies like Electronic Arts, Microsoft, Blizzard, and Sony. The studio's first game will be Avalon, which runs on Unreal Engine 5 and has some MMO and Web3 metaverse elements. However, CEO Sean Pinnock of Avalon Corp. and Chief Product Officer Jeffrey Butler told Decrypt in an interview that they don't perceive Avalon as a metaverse. The main reason for the reluctance is how the term has been taken and misapplied in the digital world.

Butler remarked of the term "metaverse" that "everyone's kind of leaping onto this word and just pounding the poor word to death," adding that practically every big brand, whether they be a fast food chain or fashion industry, has somehow associated themselves with the creation of their own metaverse.

The Avalon Universe

According to Pinnock, Avalon Corp is building an interoperable AAA Web3 universe at Avalon so that content creators can build the worlds they envision. And their idea is to somehow ignore the word ‘metaverse’ as it would be extremely difficult, if not actually impossible, for a single firm to create such a thing. “We’d like to empower gamers, creators, and anyone else to build worlds. And then those worlds, over time, could become something like an Oasis from Ready Player One.”

According to the duo, the game developers will create the most accurate representation of any Web3 "metaverse." It is not something the consumer brands can achieve because they haven't got the necessary expertise to create AAA games.

According to Pinnock, Avalon could host major brands looking to stake their claim in its universe with their own intellectual property and unique experiences. The duo also revealed a significant piece of information: the current COO of Avalon Corp. previously held the position of Head of Business Development at Bandai Namco's North American division, which is the owner of the intellectual property rights to well-known Japanese properties like Dragon Ball Z, Naruto, and One Piece.

Avalon Corp, metaverse, Web3, Avalon Universe, Blockchain
Avalon Corp, metaverse, Web3, Avalon Universe, Blockchain

Avalon Corp and Blockchain Options

Pinnock advocated quite strongly for Ethereum Layer 2 protocols. However, Avalon hasn't yet chosen a single blockchain to support and enable its interoperable economy. Pinnock declared that he personally thinks quite highly of Layer 2 Ethereum technologies. According to him, the nice thing about that technology is that it has a much lower environmental impact than credit card swipes and costs much less in gas for transactions. He also added that they are able to obtain the transactional scalability they desire. Moreover, digital ownership is crucial to how blockchain will play its role in Avalon. As a result, the blockchain will act to certify all of Avalon Corp's assets inside Avalon.

While talking to the media, Pinnock said that it is imperative for this technology to follow true decentralization. The reason lies in it is among the most intrusive ones ever made. Butler has been a part of the video game industry for nearly ten years with Sony Online Entertainment working on some hit AAA games. Pinnock was of the opinion that cutting-edge technology like Unreal Engine 5 enables the group to create the style of massively multiplayer environment they desire, at the appropriate scale.

The Avalon Metaverse Offers More

However, Avalon will be much more than just a virtual environment to explore; it will inculcate AAA gaming elements. Moreover, it will allow users to transfer money between Web3 virtual "worlds" using crypto and NFTs. The startup is also hopeful of collaboration with AI companies. It plans to eventually deploy a feature that will let users design their own worlds using generative AI technology.

While the team realizes that not every game may have the PC hardware needed to play Avalon Corp's universe at a high level, their goal is to make it an AAA-quality game. Pinnock adds that there is a cloud offering for Avalon. His plans are for a cloud gaming component that hosts and renders data online, not on the user's computer.

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Trident MMO - Innovative Blockchain Game with R2E Structure

Trident MMO - Innovative Blockchain Game with R2E Structure

Trident MMO, a blockchain-based Free-to-Play game developed by Geyser Forge Studios. Trident aims to offer players an open, procedurally generated universe where they can explore, gather resources, battle bosses, complete quests, and engage in various activities. One of Trident's standout features is its innovative GameFi Structure called Risk-to-Earn (R2E), which allows players to wager tokens on in-game matches, introducing an element of risk and reward to the gaming experience. The goal of R2E is to attract players who are genuinely interested in gaming rather than solely focusing on monetary gains, addressing issues seen in Play-to-Earn (P2E) and Free-to-Earn games. Trident MMO's gameplay takes place in a procedurally generated open world, offering diverse activities such as exploration, resource collection, creature hunting, boss battles, and more. There's also a risk factor involved, as players risk losing items upon death. The alpha launch for Trident is planned for March, promising an exciting gaming experience. In addition to the MMO, Trident offers mini-games like Sprite Duels, which are turn-based battles with sprite teams inspired by Pokémon. The creatures used in Sprite Duels are set to come from the Trident MMO during the beta phase. The article also provides a brief overview of how to start playing Trident, including creating an account linked to an Ethereum wallet and participating in Sprite Duels, where players assemble teams of sprites with unique attributes and engage in strategic battles. Tokenomics play a crucial role in Trident, with $PSI serving as the primary gaming token for item exchange and R2E gaming elements. $INK, on the other hand, functions as the principal DeFi token with a straightforward tokenomics structure, supporting experimental DeFi and derivatives within the Trident MMO's gameplay and economy. The article concludes with some positive community responses, with users expressing excitement about Trident's potential and the performance of its native token, $PSI, on the MEXC exchange. Overall, Trident MMO aims to blend blockchain technology and traditional gaming to create a unique gaming experience, with a focus on gameplay and innovation in the GameFi space.

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Aimbots - Game Review

Aimbots - Game Review

Aimbots is a new and innovative project in the realm of blockchain gaming and WEB3 technology. The game offers players a unique gameplay experience that is unlike anything else currently available in the market. "Aimbots" is a fast-paced game that requires players to have quick reflexes and excellent aim in order to defeat their opponents. The game takes place in a large arena and is designed to test players' nerves and skills under pressure. "Aimbots" has a gameplay style that is reminiscent of the classic first-person shooter "Counter Strike 1.6," but with updated 3D graphics and bright colors that make it more visually appealing. In addition to being a standalone game, "Aimbots" is also part of Vidya, a decentralized platform that allows creators, developers, and gamers to build and explore immersive digital worlds. Vidya provides developers with the tools and resources they need to create their own unique and engaging experiences for players. "Aimbots" is the first project to be live on the Vidya platform. Vidya is a decentralized platform that allows creators, developers, and gamers to build and explore immersive digital worlds. Aimbots Gameplay and Weaponry: The AimBots project is a pure shooting game experience where you can take part in tournaments or a battle royale-styled all-out arena battle mode. The players get a huge variety of options to modify their shooters with different skins and equipment. The game provides different weapon classes and options to the players according to their needs and requirements. Sometimes you might need to shoot someone far away, for that the Railgun will be perfect. If you are out of ammo and see yourself in a pickle, then the Plasma Gun is going to save you because it doesn’t need any bullets. If the enemy is roaming with heavy armor only the Heavy Plasma Gun would melt away your foes. The Shotgun is the perfect tool for short-range attacks. If you wish to wreak havoc upon a large number of nemesis then Rocket Launcher is the way to go. Beam Rifle is fit for a minor but consistent attack on your enemies. Finally, the Wristblade is the perfect tool to slay your enemies up and close with a final blow. The game has a variety of maps both big and small according to your own taste.

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Cryptobots - Game Review

Cryptobots - Game Review

Cryptobots is a fun, creative, fight-to-earn, PvP game. The game offers plenty of earning opportunities where players can also produce, build, and rent NFTs. The game has addictive gameplay and is a promising play-to-earn game. Earth is a long-forgotten dream and everyone has moved towards the galaxy residing across space. There is no official government and no one to offer direction. Bots, though, are what is left over from earlier technologies.

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FOTA - Fight of the Ages - Game Review

FOTA - Fight of the Ages - Game Review

FOTA (Fight of the Ages) is poised to make a splash in the cryptocurrency gaming market as the first game to offer a truly immersive metaverse experience. This is made possible by the fact that FOTA is designed as a mixed reality (MR) game, which combines elements of both virtual and physical reality to create a fully interactive and seamless gaming environment. Players will be able to explore, battle, and interact with one another in a way that feels both real and fantastical, making FOTA a truly one-of-a-kind gaming experience. FOTA allows players to explore the 3D game world on any platform that is compatible, making it accessible to a wide range of players regardless of their preferred device or operating system. In order to appeal to as many players as possible, the developers of FOTA have created versions of the game for multiple platforms using the Unity 3D game engine. This means that the game will be available on Mac, Windows, Android, and iOS, as well as through the WebGL API in modern web browsers. No matter what device or operating system you prefer, you'll be able to play FOTA and enjoy all that it has to offer. With this level of accessibility and flexibility, players can choose to play the game in whatever way works best for them. FOTA- Fight of the Ages Gameplay: Mixed reality is a powerful tool, but it's only effective when used in a way that enhances the gameplay experience. Fortunately, Fight Of The Ages appears to have identified a gaming market that is well-suited for this new technology. The game itself is a top-quality multiplayer online battle arena title with a range of game modes to suit different player preferences. Whether you prefer fast-paced action or strategic planning, FOTA has something for you. With its innovative use of mixed reality and its focus on delivering a thrilling and engaging gameplay experience, FOTA is poised to become a leader in the cryptocurrency gaming market. Players can explore Greenland, The Earth, and The Nightmare, the game's three main areas, in a 30-level campaign mode that is quest-driven. Players must complete tasks in various worlds to receive rewards in the form of experience points and the game's native FOTA tokens. Additionally, there are plans to host unique monthly and seasonal missions with new obstacles and even better rewards.

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Deep Mine - Game Review

Deep Mine - Game Review

Deep Mine is a WAX-based NFT strategy card game with multichain options that make the game play unique and easy to learn. Start a journey you'll never forget in a captivating metaverse game that defies all expectations. This NFT-based adventure gives players the chance to shape their own fates in a dynamic, open economy. It does this through its unique cooperative mechanics and a story that pulls you in. Explore the virtual world to find the valuable DME currency that keeps people alive and the big plan for building a portal in Eleazar's core. As players join forces to form DAOs and political parties, they must work together if they want to succeed as a group.

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Arker: The Legend of Ohm - Game Review

Arker: The Legend of Ohm - Game Review

The story of Arker: The Legend of Ohm is set in the fictional kingdom of Ohm, it is a play-to-earn game. The goal of this play to earn game is for your hero to recover control of the old kingdom by fighting against the computer and player-controlled opponents (and its pet). The Arker team has created a universe where you can enjoy a single gaming experience as well as a multiplayer component where you may play with friends and form a clan, engage in PVP matches, or participate in PVE battles and guild wars to determine who governs fictional Ohm's kingdom. All of the underlying mechanics are designed to make Arker a game that is both profitable for players and enjoyable and competitive for them. Furthermore, the Arker model was created from the ground up with "play to earn" in mind, which means you will be able to collect items that can be quickly sold in the marketplace, resulting in financial rewards. While the tutorial does a good job of explaining the game's principles, it can be difficult to grasp at first, especially if you are unfamiliar with the turn-based strategy format. You'll see a 2D screen with your character confronting its opponent once you're in combat. When you begin the combat, the game will choose four of each hero's pre-equipped skills at random. Whichever hero wins the right to attack first has 30 seconds to choose one of their four abilities (placed to the left of their character). When you click on each skill, an explanation of what it performs will appear. The damage output, the multiplier, and the quantity of energy it will consume will all be included in this data. After you've decided on your ability, you'll need to pick how much power you’d like to use. The more power you use, the more damage you'll inflict on your opponent. You will, however, be able to do the most harm to your opponent if you expend the most energy.

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Rise Online World (ROW) - NFT MMORPG - Game Review

Rise Online World (ROW) - NFT MMORPG - Game Review

Rise Online World (ROW) is a unique and exciting blockchain-based massively multiplayer online role-playing game (MMORPG) that allows players to earn rewards as they play. With its immersive gameplay and opportunities to earn cryptocurrency, ROW is a game that offers endless entertainment and excitement. Whether you are an experienced gamer or new to the world of blockchain-based games, ROW is a must-try for anyone looking for a thrilling and rewarding gaming experience. In Rise Online World, players can power unique non-fungible tokens (NFTs) as they explore a magical world filled with towering kingdoms and dangerous dungeons. Combining elements of traditional and modern MMORPGs, ROW offers a unique gaming experience that is sure to keep players engaged. As they fight for their kingdom, explore the open world, and survive dangerous challenges, players can earn tokens and ultimately become legends. Whether you are an experienced MMORPG player or new to this type of game, ROW is an exciting and immersive gaming experience that is not to be missed. Rise Online World (ROW) is a game that caters to both traditional gamers and those who are looking to earn rewards through gameplay. With its wide appeal and immersive gameplay, ROW is a game that is suitable for players of all levels and interests. In addition to its traditional MMORPG elements, ROW also allows players to earn tokens and collect valuable non-fungible tokens (NFTs), making it an appealing choice for those who are interested in both entertainment and earning potential. As a decentralized game that values the input of its community. Rise Online World NFT: The developers offer complete ownership of in-game digital assets to the players. The digital items are powered by ERC-721 tokens/NFTs. The items like capes, pets, costumes, and mounts are tradeable items.

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Play To Earn Games: Best Blockchain Game List For NFTs and Crypto

Play-to-Earn Game List
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