Cardalonia Closes A $420,000 Round of Pre-Seed Funding To Develop A Play To Earn Metaverse On Cardano
Cardalonia team is happy to announce about the successful closing of the pre-seed round at $420,000, a Blockchain Strategy Game is one of the first Metaverse projects building to launch on the Cardano blockchain.
Players can build, own and customize their own experiences on the Cardano Blockchain. A metaverse is a network of 3D virtual worlds focused on social connection, facilitated by the use of virtual and augmented reality headsets and Blockchain assets that would ensure the scarcity and immutability of in game assets.
Cardalonia is unique as it has been carefully designed and thought out from the ground up and utilizing the Low fees & Energy consumption of the Cardano blockchain protocol.
Cardalonia has announced that they have raised $420,000 thousand in pre-seed funding in January by angel investors. Cardalonia envisions to create a creator centric platform that is owned by creators, developers, and a growing community of metaverse players. More than 8 investors, including blockchain players led by Hedgespur Capital took part in the round.
This pre-seed fundraising round will help the company to kick off the project, entering strategic partnerships, onboarding more developers and also bringing more enthusiasts into the Metaverse space.
Kitikat Metaventures, an angel investment firm speaking about the pre-seed round said, “Cardalonia has a solid Metaverse play to earn concept that would be self-sustaining while also rewarding the creators and at the same time driving the demand of the entire Cardalonia assets.”
Speaking about Cardalonia in an interview, Piyanut Wonglakhon, an advisor to the Metaverse Startup said “We believe in the prospects of the universe and it is already evident as we have seen big brands getting into the new technology”.
Cardalonia is a virtual world where players can build, own and customize their own experiences on the Cardano Blockchain.
Unlocking creativity in the Metaverse as you can Earn, create, socialize, play, trade and so much more based on the P2E concept, meaning players will be able to explore it while they earn and spend using in-game money, called Lonia tokens.