
About Avocado DAO
Avocado DAO is a Technology company based in Sydney (Australia) founded in 2021 by Sir Gregory and Brendan Wong. Digital games are traded using NFTs on a blockchain platform. It operates in the Technology, Media & Entertainment, and Financial Services sectors. Avocado DAO has raised $18 million across 2 funding rounds from investors including Binance, Animoca Brands and QSN. Its chief executive, as recorded, is Brendan Wong. Avocado DAO offers products and services including AvoShop, Quests, and Leaderboard. Its focus areas include Blockchain Technology, Decentralized Autonomous Organizations, Gaming DAOs and FinTech.
Company details
Avocado DAO was founded in 2021 in Sydney, Australia, within the blockchain gaming sector. An NFT-based platform is operated for trading digital games, with community building facilitated through play-to-earn mechanics. Buying and selling of digital assets are enabled for users, alongside staking options for participation in the ecosystem. Operations focus on decentralized gaming interactions.
- Headquarters Sydney, Australia
- Founders Sir Gregory, Brendan Wong
- SectorsTechnologyMedia & Entertainment Financial Services
- Website avocadodao.io
- Social LinkedIn X Facebook
- Total Equity Funding$18M (USD)
in 2 rounds
- Latest Funding Round$27.2M (USD), Token Sale
Dec 2021
- InvestorsBinance
& 6 more
Products & Services of Avocado DAO
Avocado DAO offers a comprehensive portfolio of products and services, including AvoShop, Quests, and Leaderboard.
Online shop for Web3 gaming items and rewards.
System for completing blockchain-based gaming tasks.
Platform to rank and display gamer achievements.
Funding Insights of Avocado DAO
Avocado DAO has successfully raised a total of $18M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $27.2 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $18M
- Total Rounds 2
- Last Round Token Sale β $27.2M
- First Round $18M
(Nov 2021)
- Investors Count 7
All 2 funding rounds of Avocado DAO with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2021 | $27.2M | Token Sale | β | β | β |
| Nov 2021 | $18M | Series A | β | Animoca Brands, QSN |
7 investors in total: 7 institutional.
Investors in Avocado DAO
Avocado DAO has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Binance, Animoca Brands and QSN.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Solana Ventures is focused on investing in Solana-based companies. | solana.ventures | |||
Venture capital fund focused on crypto-assets | hashed.com | Seoul, South Korea | ||
Blockchain-based PC and mobile games are developed and published. | 2006 | animocabrands.com | Kowloon, China | |
| qsnholdings.com | ||||
Specializes in blockchain gaming app development for innovative digital experiences. | 2000 | polygonstudios.com | New York, United States | |
Online exchange platform for cryptocurrency | 2017 | binance.com | Ta Xbiex, Malta | |
| threearrowscap.com |
Investor details for Avocado DAO
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Avocado DAO
2 people are tracked at Avocado DAO (2 in leadership).
| Name | Role | Group |
|---|---|---|
Sir Gregory | Co-Founder | Leadership |
Brendan Wong | Co-Founder & CEO | Leadership |
Complete people profiles for Avocado DAO
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Avocado DAO
3 dated milestones of Avocado DAO, from founding to its latest funding, stage changes and deals.
- Founded Avocado DAO is founded.
- Funding First funding round of $18.0M.
- Funding Latest funding round, Token Sale, of $27.2M.
Web traffic of Avocado DAO
The website of Avocado DAO (avocadodao.io) receives about 7.8K visits a month.
- Monthly visits7.8K
▲ 6.8% vs previous month
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Related news about Avocado Dao
Complete news archive for Avocado DAO
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Frequently Asked Questions about Avocado DAO
Avocado DAO was founded in 2021.
Avocado DAO is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Brendan Wong is the CEO of Avocado DAO, as recorded in our data. They have also founded this company.
Avocado DAO is a funded company, having raised a total of $18M across 2 funding rounds to date. The company's 1st funding round was a Series A of $18M, raised on Nov 2021.
Avocado DAO was founded in 2021 in Sydney, Australia, within the blockchain gaming sector. An NFT-based platform is operated for trading digital games, with community building facilitated through play-to-earn mechanics. Buying and selling of digital assets are enabled for users, alongside staking options for participation in the ecosystem. Operations focus on decentralized gaming interactions.
Avocado DAO offers AvoShop, Quests, and Leaderboard.
Avocado DAO has 7 investors. Key investors include Binance, Animoca Brands, QSN, Solana Ventures, and Polygon Studios.
