After raising $420,000 in the pre-seed round, Cardalonia, cardano based startup, moves towards development of the Play-To-Earn game.
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.
“We are on a mission to develop a creator friendly and interactive platform that will surpass already existing metaverse giants like Decentraland and Sandbox which are built on the Ethereum blockchain” said , CTO and one of the founders of the project.
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, , 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”.
The Estonian based company breaks down the development and subsequent public sale roadmap into several stages, starting from the seed sale which will launch in late April.
Lonia Token holders can be able to purchase Cardalonia Lands using their Lonia tokens.
Cardalonia is still in the very early stages of development as the development team has been able to prototype the clans (The playable avatars when the game is launched)
Cardalonia will be a fully functional DAO where decisions will be made by $Lonia token holders who would vote and decide on the future of Cardalonia.
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.
Contact Name: Vasil Air
Location: Tallinn, Estonia
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