Balance.fun, the AI-driven blockchain experience platform, has achieved a significant milestone, securing over $10 million (bringing the total raised to $30 million)in institutional investment from industry leaders like Animoca Brands, Amber Group, and GSR Markets. This development follows the platform's announcement of its public Key Node Sale, marking a new phase in its mission to enhance gaming and social networking by bridging web2 and web3 technologies.

About Balance.fun

The platform, which operates within the Aptos ecosystem, leverages blockchain and AI technologies to offer a secure and innovative experience for users worldwide. The sale of its Key Nodes invites participants to contribute to the network’s stability and growth while accessing potential financial rewards and opportunities within the expanding ecosystem.

Total Raised $30 Million

Over 4 Million Users Globally

Balance.fun’s success builds on a solid foundation laid by its founding team, who previously developed E-PAL, a globally recognized gaming and social companion platform with over 4.2 million users and 450,000 active companions (Epals). The platform has collaborated with major gaming companies like Riot Games, Ubisoft, and Blizzard, helping them achieve impactful results in game launches and community engagement.

In September, Balance.fun’s parent company, E-PAL, raised $30 million in funding from prominent investors such as a16z and Galaxy Interactive. This funding aims to accelerate the development of Balance.fun, which now partners with over 80 web3 gaming companies and supports more than 180 games spanning both web2 and web3.

Your Ultimate Tool for Smooth Web3 Gaming

Details on Key Node Sale

Key Nodes serve as the backbone of the Balance.fun ecosystem, supporting decentralized applications (dApps), AI model training, and web3 gaming. Key Node holders are integral to network operations and can earn token rewards and protocol revenue, with added opportunities for long-term benefits.

• Initial Pricing: The first 30,000 Key Nodes are priced at $599 each, with incremental price increases of $0.8 for every 100 nodes sold beyond this threshold.
• Rewards and Revenue Sharing: Holders share 25% of the total supply of $EPT tokens and 100% of Fans protocol revenue.
• Token Buyback Program: 50% of platform revenue is committed to buying back $EPT tokens, aiming to boost token value and benefit Key Node holders.
• Mining Launch: Mining is set to begin on December 25, 2024, allowing users to manually claim rewards via the platform.

In addition to financial incentives, Key Nodes play a central role in decentralized gaming, facilitating fair reward distribution through smart contracts and supporting DeFi operations such as staking and liquidity mining.

Enter the Next Era with Balance

Bridging Web2 and Web3

During its Beta Test Phase, Balance.fun added 26 million new users, showcasing its ability to attract a diverse audience from traditional gaming into web3. By integrating AI and blockchain, Balance.fun aims to create a unified platform for gaming and social interaction, blending traditional and decentralized approaches.

Key Nodes also support web3 social media, DAO governance, and NFT minting, empowering users to influence and benefit from the platform’s evolution. For more details and real-time updates on the Key Node Sale, users can visit Balance.fun’s website and official social media channels. Lucas, CEO of Balance.fun, remarked:

“The launch of our Key Node Sale marks a significant milestone as we invite participants to join us in building a more secure, stable, and inclusive platform for users worldwide. Surpassing $10 million in institutional investments from industry leaders is a testament to the transformative potential of our ecosystem.”