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Astra Nova Secures $48.3M to Expand Web3 and AI Entertainment Platform

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Astra Nova Raises $48.3M to Grow Web3, AI Entertainment Ecosystem

Astra Nova, an AI-focused Web3 entertainment and infrastructure firm, has successfully raised $48.3 million to enhance its tokenized content tools and creator platforms. This funding comprises $41.6 million from a strategic round, building on prior investments from Outlier Ventures and various family offices and institutional investors from Saudi Arabia, the UAE, and Bahrain, as reported by CoinDesk. Astra Nova develops user-friendly tools that empower creators to launch blockchain-based entertainment experiences without technical expertise. Its flagship product, TokenPlay AI, serves as a no-code launchpad for mini-apps, enabling tokenized communities to create interactive utilities quickly, powered by Alibaba Cloud. Other offerings include NovaToon, a collaborative Web3 webtoon platform, and Deviants: Fight Club, a Telegram-based PvP game utilizing the RVV token for in-game rewards. With over 250,000 users in its onchain loyalty program, Astra Nova aims to expand in the Middle East, Europe, and Asia while ensuring regulatory compliance.

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