AFKDAO raised $3 M in a Private Sale round on 2022-05-20.

According to media reports, AFKDAO raised $3 M in a Private Sale round on 2022-05-20.the investors in this funding round include Youbi Capital,IOBC Capital,AC Capital,W3GG,Avocado DAO,Hoo Labs,Sharding Capital,Lead Capital,Hot DAO,FishDAO and others. Following this round, AFKDAO's total funding reached $3 M.

AFKDAO is a DeFi infrastructure for utility NFTs. The AFK Game Aggregator allows NFT owners to make use of their game assets with a user experience similar to that of a DeFi yield aggregator, featuring automated play-to-earn strategies. With its proprietary NFT delegator protocol, guilds and pro-gamers can raise NFT game assets, share profits, and charge fees without the need for custodianship. Moreover, AFKDAO's delegator protocol will enable it to provide low-collateral lending & borrowing pool solutions, unlocking the liquidity value of gaming assets and eliminating the inefficiency of NFT lending through P2P matchmaking.