Blockchain game Gabby World completes $2 million financing, SevenX Ventures and others participate in the investment, and issues the main token GABBY

Odaily News According to official news, Gabby World announced that it has completed a $2 million financing with a valuation of $20 million. Investors include 13 institutions including SevenX Ventures, OnePiece Labs, Everest Ventures Group, Phoenix Capital, and Zonff Partners, as well as 8 angels including former partners of Republic, former partners of Hashed, and partners of Gam3Girl Ventures. It is reported that Gabby World is an AIGC Dungeons and Dragons game co-created by the community, and through the "fair release" token economy, it realizes the issuance of VC coins with ultra-low market value like memes, aiming to explore a new paradigm of VC coin issuance that is against "low circulation and high FDV" and anti-time unlocking. The token GABBY was issued on Solana's DEX at a market value of $10,000 at the end of October, and has successfully verified the on-demand release and repurchase destruction advocated by the "fair release" token economic model in the past few weeks.