AI-focused Web3 leisure and infrastructure agency Astra Nova has raised $48.3 million to develop its suite of tokenized content material instruments and creator platforms.
The funding contains $41.6 million from a latest strategic spherical and builds on earlier investments led by Outlier Ventures in addition to household workplaces and institutional traders in Saudi Arabia, the United Arab Emirates, and Bahrain, in accordance with an announcement shared with CoinDesk.
The corporate develops instruments that permit creators to launch blockchain-based leisure experiences while not having technical abilities.
TokenPlay AI, its flagship product, acts as a no-code launchpad for mini-apps. Powered by Alibaba Cloud, it permits token-based communities to spin up interactive utilities inside minutes, the corporate stated.
Different stay merchandise embody NovaToon, a Web3 webtoon platform that enables followers to co-create tales with NFTs, and Deviants: Combat Membership, a Telegram-based PvP sport that integrates Astra Nova’s RVV token for in-game rewards. BlackPass, the agency’s onchain engagement and loyalty program, has drawn over 250,000 customers so far.
The corporate says it plans to broaden into new markets throughout the Center East, Europe and Asia whereas making ready for regulatory compliance. Strategic companions embody NEOM, NVIDIA Inception and Alibaba Cloud.