Crypto game studio Avalon raises $10 million, led by Hashed

Bitkraft Ventures and Hashed jointly led a $10 million financing for Avalon, a cryptocurrency gaming studio that plans to release a large-scale multiplayer game. The company's first game, also called "Avalon," was developed by a team with experience working at large web2 gaming companies. In a statement, the company said that in order to develop this game, Avalon collaborated with "artificial intelligence pioneers Didimo and Inworld AI."