What is thena? Discover the outstanding features of Thena and THE . token
Ngoài PancakeSwap, hệ sinh thái BNB Chain còn có một AMM khác có TVL đạt 150 triệu USD chỉ sau hai tháng ra mắt, dự án này được gọi là Thena.
Avocado Guild is an association that supports participants to play popular Play-to-earn (P2E) games on blockchain. Avocado and other association platforms share the same goal of helping gamers gain access to cryptocurrency income in many games, such as Axie Infinity.
These associations provide players with an agreement on the sharing of profits from lending NFT items to players to participate in the game. Currently, Avocado Guild is supporting 7 games, among them are Axie Infinity, Cyball and Revv Racing.
Avocado Guild's sponsorship program currently has 7,000 members. The developer of the project hopes to push this number to 12,000 people by the end of the year.
In addition, the Avocado Guild is transforming itself into a decentralized autonomous organization, also known as the Decentralized Autonomous Organization (DAO). To be able to function as a DAO with smart contracts in the governance mechanism, the Avocado Guild development team will soon launch its own token to be able to start implementing this change process.
As an association that supports blockchain games today, Avocado will purchase in-game items and lend Play-to-earn gamers to play. From there, the Avocado association will receive a portion of the profits from the rewards that players earn while they borrow items.
For example, with the game Axie Infinity: The game requires players to buy 3 Axies - a creature in the game that each Axie has a unique characteristic - to start playing the game. Depending on the type and rarity, the Axies can be very expensive. According to statistics from ChillAxie, the current floor price of an Axie is about 100 USD. That means players will have to pay a minimum of 300 USD to be able to start playing the game.
Thanks to association models like Avocado Guild or Yield Guild Games, gamers now don't need to buy but just borrow items like Axie.
According to current information, the way to make money in Avocado Guild as well as on similar platforms is that the system will provide sponsorship programs. Specifically, the administrator of a guild lends in-game items to a player, after which the rewards earned by the player are distributed among the guild manager.
In addition to the values on the blockchain, Avocado Guild also develops the community in real life by spreading core values to the collective. This helps the Avocado Guild community to grow stronger through the following 3 aspects:
CEO & Co-Founder – Brendan Wong: With a passion for skiing, Brendan co-founded SnowPak in 2017. SnowPak contacts ski tourism experts to help with research and provide everything. customers need for them to have a complete ski holiday. Besides, he also works in the field of retail supermarkets. Since 2007, he has operated Sakura supermarket - one of the largest Asian supermarkets in Sydney.
Currently, Avocado Guild is aiming to expand to other Play-to-earn games. In addition, the association will use the newly raised capital to establish a decentralized autonomous system (DAO) called Avocado DAO.
Besides, Avocado Guild will focus on recruiting more members for the team. At the same time, the association will expand the sponsorship program that is currently very useful to the community. Avocado does that by giving players access to more Play-to-earn games and providing the NFTs they need to get right into the game.
Avocado's sponsorship program currently has 7,000 members and is expected to reach 12,000 attendees by the end of this year. Currently, the program only focuses on recruiting members in the Philippines and Indonesia, but the upcoming orientation will expand throughout Southeast Asia.
Avocado Guild raised $18 million in Series A funding. The round was led by Animoca Brands and QCP Soteria Node (QSN), along with investors such as Solana Ventures, Three Arrows Capital, Polygon Studios, Hashed, Binance Smart Chain and GoldenTree Asset Management board members.
Thanks to this backing, a 6-month-old company like Avocado Guild is now valued at more than $200 million.
The AVG token is the native token of Avocado Guild, however this token has not yet been released.
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Before Avocado Guild, there was a similar project called Yield Guild Games. This project initially raised only a small investment of $4.6 million, led by a16z. However, right after the launch event, the token price of YGG (the token of Yield Guild Games) skyrocketed. According to CoinGecko, the market capitalization of YGG tokens is now over $780 million and its total supply capitalization has reached nearly $9 billion.
Avocado Guild announced fundraising just 3 months after Yield Guild Games. This also partly explains why Avocado Guild's funding round was so successful with the participation of such well-known investors. Besides, just in October, Avocado has more than 30,000 followers on Twitter and more than 39,000 members on the Discord community channel.
GamePlay-to-earn is still in its infancy, more than 1 billion gamers around the world still have not had the opportunity to experience and participate in this game trend. Therefore, we can completely believe in the future of this game genre. Moreover, in the world of Play-to-earn economy, the association platforms act as a launching pad to promote the development of the whole ecosystem.
During the economic downturn due to the COVID pandemic, participating in the creation of content in the Metaverse and maximizing profits is an alternative source of income for many people. The growing funding programs will open up more and more opportunities for Play-to-earn projects in particular and the decentralized economy in general.
Avocado Guild is a game association that opens up opportunities for profit as well as provides rewarding experiences for members of its community. The Avocado Guild emphasizes the value of inspiring a positive impact on people's lives.
The goal of the association is to unlock the hidden talents of its members by mentoring, providing them with the digital tools they need so they can develop to their full potential in the Metaverse.
Follow information about the Avocado Guild project at the following official media channels:
Website | Twitter | Telegram | LinkedIn | Discord | Medium | Email
Ngoài PancakeSwap, hệ sinh thái BNB Chain còn có một AMM khác có TVL đạt 150 triệu USD chỉ sau hai tháng ra mắt, dự án này được gọi là Thena.
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