TechFlow News — According to official announcements, community co-created AIGC game Gabby World has completed a $2 million funding round at a $20 million valuation. The investment was led by 13 institutions including SevenX Ventures, OnePiece Labs, Everest Ventures Group, Huofeng Capital, and Zonff Partners, along with eight angel investors such as former partners of Republic and Hashed, and the partner of Gam3Girl Ventures.
Previously, Gabby World’s token $GABBY was launched on Jupiter, a Solana-based DEX, at a market cap of $10,000 by the end of October. This launch further implements the project’s advocated fair release tokenomics model, enabling demand-driven issuance, buybacks, and token burns.
Gabby World is a community co-created AIGC Dungeons & Dragons-style game and marks the first VC-backed token to achieve a meme-style low-market-cap launch via a "fair release" tokenomic model. It aims to pioneer a new paradigm for VC tokens by challenging the conventional practices of low circulating supply with high FDV and time-based vesting schedules.
