November 20, 2024
Gabby World, a blockchain-based project advocating the concept of “Fair Release,” has announced $2 million in funding at a valuation of $20 million. The investment round includes participation from 13 venture capital firms and eight angel investors, emphasizing a collaborative approach to funding. The platform aims to set a new precedent in token launches by offering $GABBY, its native token, under a model designed to avoid the pitfalls of low float and high fully diluted valuations (FDV).
The Fair Release model aligns with Gabby World’s mission to ensure an equitable distribution of its $GABBY token, setting it apart from traditional launches that often favor select early investors. The project seeks to blend the appeal of meme culture with a sustainable financial framework. Details about the project's future plans remain under wraps, but the focus on inclusivity and fair value positioning highlights its strategic direction.
About Gabby World
Gabby World is a blockchain-based platform dedicated to launching $GABBY, a meme-inspired token. Its Fair Release model prioritizes equitable distribution, aiming to address issues such as inflated FDVs and limited token availability that can disadvantage broader communities. Positioned at the intersection of blockchain innovation and meme culture, Gabby World emphasizes transparency and accessibility in the token launch space.
Website: https://www.gabby.world/
X: @gabbyworld
About Investors
The funding round features contributions from 13 venture capital firms and eight angel investors. While individual names remain undisclosed, the diverse group signals strong interest from both institutional and independent backers. The collaborative approach underscores confidence in Gabby World’s vision to redefine token launches within the blockchain ecosystem.
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