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coder dan – RE3W.IO https://re3w.io Web 3 Gaming News Thu, 23 Mar 2023 00:14:55 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://re3w.io/wp-content/uploads/2022/06/cropped-6257123555f2839a6f5124cd_re3w-p-500-32x32.png coder dan – RE3W.IO https://re3w.io 32 32 Pixelcraft Studios, Creators of Web3 Game Aavegotchi, Raise $30M In A Multiplayer Token Sale https://re3w.io/2023/03/23/pixelcraft-studios-creators-of-web3-game-aavegotchi-raise-30m-in-a-multiplayer-token-sale/ https://re3w.io/2023/03/23/pixelcraft-studios-creators-of-web3-game-aavegotchi-raise-30m-in-a-multiplayer-token-sale/#respond Thu, 23 Mar 2023 00:14:54 +0000 https://re3w.io/?p=3159 Pixelcraft Studios, the creators behind the popular metaverse game Aavegotchi, reveals a $30 million raise in multiyear token sale. The funding round is said to be one of the largest in the web3 gaming space this year so far with no venture capital or investor participation. 

Pixelcraft Studios stated it will receive 25% (or $7.5 million at the time of reporting) of the treasury while the protocol’s decentralized autonomous organized (DAO) treasury will receive the remaining $22.5 million (at the time of reporting). Coder Dan is the co-founder and CEO of Pixelcraft Studios. Pixelcraft Studios began the sale of its native Aavegotchi token, $GHST, in September of 2020. 

Aavegotchi is described as a decentralized web3 ecosystem that utilizes non-fungible tokens (NFT) and decentralized finance (DeFi). The community recently voted to increase its in-game wearable offerings for Aavegotchis, or digital pets that can be used within the game’s ecosystem.

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