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Blockchain gaming guild Avocado raises $18 million

Avocado Guild, a blockchain gaming startup similar to a16z-backed Yield Guild Games, has raised $18 million in a Series A funding round. Animoca Brands and QCP Soteria Node (QSN) co-led the round, with Solana Ventures, Three Arrows Capital, Polygon Studios, and others participating. The round brings just the six-month-old Avocado Guild’s valuation to $200 million. This is the startup’s first fundraise, and it is an equity round, its founder and CEO Brendan Wong told The Block. But the investors will …