Pixelcraft Studios, the incredible team behind the popular metaverse game Aavegotchi, has just raised $30 million in an outstandingly long token sale that will certainly go down in history.
It all started in September 2020 with an announcement from Aavegotchi calling on crypto enthusiasts to join their community and participate in their $GHST token sale.
They prided their token as community-driven: a DAICO built on the Aragon Project in order to keep their community at the forefront of the entire process. And the years of hard work have paid off.
The token sale results in Pixelcraft Studios getting $7.5 million (25%) while the DAO treasury gets the rest of the $22.5 million. The success of the sale shows that years of persistent work pays off and will spur Pixelcraft Studios and Aavegotchi to keep developing their metaverse and expanding their influence in the Web3 world.
Commenting on this incredible achievement, the co-founder and CEO of Pixelcraft Studios, Coder Dan, said that this sale will mark a “watershed moment” for DeFi fundraising space and will set the pace for how other projects raise funds in the future.
Undoubtedly, this is one of the largest amounts raised for a Web3 metaverse game this year and has taken the longest time, too. Interestingly, it was made possible via their strong supportive community with no venture capital or angel investor involvement.
Aavegotchi is a DeFi metaverse game that combines the power of gaming and decentralized finance (DeFi). It is an open-source game portal owned by its community and has seen more users flock to its platform in recent times.
About Pixelcraft Studios
Pixelcraft Studios is the innovative team of developers behind the role-playing game metaverse Aavegotchi and the homeworld, Gotchiverse. They’re fascinated with blending gaming with DeFi.