On Friday (August 19), Cardalonia ($LONIA), the Web3 startup that claims to be “building the biggest metaverse ecosystem on Cardano”, introduced an attention-grabbing new partnership.

On April 18, the Estonian crypto startup that’s creating the upcoming Cardano-powered NFT-based play-to-earn (P2E) sport Cardanlonia ($LONIA) introduced that it had raised $420,000 in a pre-seed spherical.

In a press release issued on that day, right here is how they outlined the time period metaverse:

“A metaverse is a community of 3D digital worlds targeted on social connection, facilitated by means of digital and augmented actuality headsets and Blockchain property that may make sure the shortage and immutability of in sport property.“

The press launch went on to say that Cardalonia had managed to boost “$420,000 thousand in pre-seed funding in January by angel investors,” and that it “envisions to create a creator centric platform that is owned by creators, developers, and a growing community of metaverse players.” Apparently, “more than 8 investors, including blockchain players led by Hedgespur Capital took part in the round.”

This funding spherical will “help the company to kick off the project, entering strategic partnerships, onboarding more developers and also bringing more enthusiasts into the Metaverse space.”

Right here is Cardalonia workforce’s overview of the undertaking:

“Cardalonia is a decentralized, absolutely customizable digital world on Cardano the place gamers can construct and personal their experiences on the Cardano Blockchain. Using the Cardano ecosystem identified for its safety to develop a 3D decentralized gaming metaverse that may unlock creativity in Cardalonia as you’ll be able to Earn, create, socialize, play, commerce and a lot extra, all in a digital world.

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