The blockchain game Gabby World has completed a financing round of 2 million USD, with participation from SevenX Ventures and others, and has issued its main token GABBY.

Odaily Planet Daily News According to official news, Gabby World announced the completion of a $2 million financing with a valuation of $20 million. The investors include 13 institutions such as SevenX Ventures, OnePiece Labs, Everest Ventures Group, Huofeng Capital, Zonff Partners, as well as 8 angel investors including former partners from Republic, former partners from Hashed, and partners from Gam3Girl Ventures.

It is reported that Gabby World is a community co-creation AIGC Dungeons & Dragons game, which achieves a VC token with a meme-like ultra-low market cap through a "fair release" token economy. The aim is to explore a new paradigm for VC token issuance that counters "low circulation high FDV" and time-based unlocking. The token GABBY was released at the end of October on Solana's DEX at a market cap of $10,000, and has successfully validated the on-demand release and buyback burn advocated by the "fair release" token economic model over the past few weeks.