E-PAL, which is the world’s leading gaming and social companion platform, announced it has officially unveiled Balance (a new AI-powered blockchain experience platform) following two successful funding rounds led by Andreessen Horowitz (a16z) and Galaxy Interactive. These funding rounds also received support from prominent investors like Animoca Brands, K5, CLF Partners, MBK Capital, New Heights Fund, AMBER, MarbleX, Sky Mantra, Tuna, Aptos Labs, IOBC, Leland, Halcyon Capital, Uphonest, Taisu Ventures, Gate Labs, DWF Ventures, BING, WAGMI, YouTube co-founder Steve Chen, Riot Games CEO Marc Merrill, and League of Legends Director Thomas Vu. This brought E-PAL’s total funding to $30 million.
This funding round will be primarily allocated to the development of the Balance infrastructure, which is a major step in E-PAL’s mission to build an open, inclusive, and equitable Web3 ecosystem. Utilizing its existing user base of 4.2 million users, Balance aims to bring transformative innovation to the social industry by integrating cutting-edge blockchain and AI technologies.
This funding round will be primarily allocated to the development of the Balance infrastructure, which is a major step in E-PAL’s mission to build an open, inclusive, and equitable Web3 ecosystem. Utilizing its existing user base of 4.2 million users, Balance aims to bring transformative innovation to the social industry by integrating cutting-edge blockchain and AI technologies.
By tapping into AI and blockchain technologies, Balance offers an unparalleled experience for gamers, developers, and publishers across Web2 and Web3 ecosystems. And Balance.fun has already partnered with 80+ Web3 game companies, making E-PAL the only gaming platform to collaborate extensively across both segments, supporting more than 150 games worldwide.
The Balance infrastructure features five interconnected layers, each enhancing the platform’s capabilities. And the Application Layer features human and AI EPALs, an AI-driven battle report system, a score-sharing feature for players, and exclusive Pioneer Badge NFTs for early supporters. And the Platform Layer includes a game NFT launchpad and provides comprehensive support for both first-party and third-party games, along with an integrated NFT marketplace.
The Protocol Layer has a suite of tools, including the Epal Fans Token Launchpad, the Epal Fans Protocol, and a dynamic exchange system. And the Infrastructure Layer underpins these functionalities with essential services such as the Balance ID system, Balance chain, Balance stablecoin system, and a robust network of nodes ensuring secure and efficient operations. Lastly, this Token Layer is crafted to incentivize users, early adopters, investors, and gaming companions with tokens and digital collectibles.
E-PAL will issue core assets, including EPT tokens, Pioneer Badge NFTs and Balance Nodes, to provide better incentives and economic circulation for active players, early supporters, investors, and EPALs.
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