According to official news, Gabby World announced the completion of a $2 million financing with a valuation of $20 million. The investors include 13 institutions such as SevenX Ventures, OnePiece Labs, Everest Ventures Group, Huofeng Capital, Zonff Partners, as well as 8 angel investors including former partners from Republic, former partners from Hashed, and partners from Gam3Girl Ventures. It is reported that Gabby World is a community co-created AIGC Dungeons & Dragons game, and it implements a meme-like ultra-low market cap issued VC coin through a 'fair release' token economy, aiming to explore a new paradigm of VC coin issuance that counters 'low circulation high FDV' and time-locked releases. The token GABBY was issued at a market cap of $10,000 on Solana's DEX at the end of October, and has successfully validated the on-demand release and repurchase destruction advocated by the 'fair release' token economic model in the past few weeks. $BTC