On November 20, 2024, the AI-generated content (AIGC) blockchain game Gabby World announced the completion of a $2 million financing round, reaching a valuation of $20 million. This financing attracted several well-known institutions, including SevenX Ventures, OnePiece Labs, Everest Ventures Group, Huofeng Capital, and Zonff Partners, as well as senior industry professionals from Republic, Hashed, and Gam3Girl Ventures. Gabby World has garnered widespread attention in the blockchain gaming market due to its unique gaming experience and innovative token economic model.
Community co-creation and AIGC integration
Gabby World is a community co-creation game set in a Dungeons and Dragons background, where players can not only enjoy rich game content but also participate in the creation of game content. Through the application of AIGC technology, the game can generate personalized gaming experiences based on player behavior and preferences, greatly enhancing player immersion and engagement.
Fair Release token economic model
Notably, Gabby World employs a token economic model called 'Fair Release.' Unlike traditional high market cap token issuances, GABBY tokens are issued at an extremely low market cap on Solana's decentralized exchange. This model emphasizes on-demand token release and buyback destruction mechanisms, aiming to avoid excessive dilution and price manipulation, thus protecting investors' interests.
Since the issuance of the GABBY token at the end of October, the project team has demonstrated the effectiveness of this model through buybacks and destruction, successfully maintaining the stability of the token's value. This innovative token economic model not only challenges traditional VC token issuance methods but also provides new ideas for other projects.
Investors' trust and support
The ability to attract so many top investment institutions and individual investors fully demonstrates the market's recognition and support for Gabby World. These investment institutions and individuals not only bring financial support but, more importantly, their industry connections and professional experience will help promote the further development of Gabby World.
Gabby World’s successful financing marks an important step in exploring blockchain games and token economic models. By integrating AIGC technology and innovative token economic design, Gabby World not only provides players with a brand-new gaming experience but also sets an example for the healthy development of the cryptocurrency market. As the project progresses, we have reason to believe that Gabby World will occupy a place in the future blockchain gaming field, becoming an important bridge connecting players, developers, and investors.
For those interested in blockchain games and cryptocurrencies, Gabby World is undoubtedly a project worth closely following. It not only represents technological advancement but also embodies the power of community co-creation and the limitless possibilities of token economics.
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