Cardalonia Raises $420K in Pre-Seed Funding

Pre-seed funding of $420k was raised by Cardalonia, a Tallinn-based cardano metaverse startup.

Kitikat Metaventures, Hedgespur Capital, and other investors included blockchain players as backers.

The company will use this pre-seed funding round to fund the project’s launch, enter strategic partnerships, onboard more developers, and bring more people into the Metaverse.

Cardalonia allows players to create, customize and own their Cardano Blockchain experiences. Based on the P2E principle, users can create, trade, socialize and earn. Players will also be able explore the world while earning and spending Lonia tokens, which are in-game currency. Cardalonia will function as a DAO. $Lonia token holders will vote on Cardalonia’s future.

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