AVALON IS BUILDING PIECES OF THE METAVERSE. IMAGE CREDIT: AVALON
The Orlando, Florida-based Avalon Corp. has raised $13M to develop a new interoperable digital universe.
The investors include gaming industry leaders EverQuest, Call of Duty, Diablo, God of War, Assassin's Creed and Elden Ring.
Avalon Corp is building a new platform for games, an interoperable universe that is employing technologies including game engines and blockchain technology.
- Sean Pinnock, CEO of Avalon, does not refer to its platform as a "metaverse" because he imagines that "a single company can't build that."
- Competitors reportedly include Manticore Games, which has developed its core platform for user-created game worlds.