Fundraising Fox

Avatarlife

1 known investors

AvatarLife is a Web3 metaverse platform where users create avatars, own virtual land, and trade digital assets on a blockchain-based marketplace. It offers over 80 games, premium memberships, and its own AVR$ token, targeting gamers, creators, and virtual world explorers.

Also known as AvatarLife Β· AvatarLife Grid Β· AvatarLife Skill Games Inc. Β· Gamingverse Private Limited

Founders & leadership

SCSushant C
Sushant CCEO & Co-founder

Investors Β· 1

Company profile

researched Aug 2026

AvatarLife is a virtual world and gaming platform in which users create avatars, claim or own virtual land, socialise, and play games. The world is built on OpenSim and is positioned as an alternative to Second Life; it can be accessed through AvatarLife's own Windows, Linux and Apple viewer or through compatible OpenSim viewers such as Firestorm, at the hypergrid address grid.avatarlife.com:8002. The platform's catalogue has grown from more than 25 games across three operators at the time of its 2023 seed round to a stated 80+ live games, spanning strategy titles, casual games such as Spin the Wheel, Hi-Lo and slots, poker, kart racing, and horse racing and breeding features. A separate browser and Telegram games portal (games.avatarlife.com) hosts casual titles including Royal Escape, LadderMan, Road Rush, StickMan, Egg Catcher, Hi-Lo, Spin the Wheel and Math, with coin and diamond rewards.

The platform combines several revenue and economy layers: a marketplace for buying, selling and trading virtual assets such as fashion, accessories and avatar upgrades; premium membership tiers that grant faster progression, rare collectibles, priority event access and enhanced earning of gold, diamonds and tokens; and an in-world currency, AV$, historically purchasable with PayPal and cryptocurrencies at a rate of $1 for 250 AV$. From January 2025 the company describes a transition into Web3, with a hybrid architecture in which in-game assets remain off-chain for speed while transfers and trades outside the world settle on-chain. A native token, AVR$, is described as the economy's unit for gameplay rewards, asset trading and premium features, with planned staking, community governance and cross-platform interoperability.

The corporate structure spans multiple entities: the terms of service identify AvatarLife Skill Games Inc., a company incorporated in Delaware, USA, while forum material and startup-data records associate the virtual world's software development with Gamingverse Private Limited, registered in India. Users must be at least 18 (or the local age of consent) and must be legally permitted to take part in skill gaming in their country of residence.

Founding story

AvatarLife was founded by Sushant Chandrasekar, a long-time Second Life developer with 15 years of experience in virtual worlds, and Gaurav Gupta, a former consultant at Bain & Company. Economic Times reported in June 2023 that the company had been founded the previous year; Inc42 lists a founding year of 2021 under the entity Gamingverse Private Limited. Chandrasekar has focused on building the OpenSim virtual worlds, while Gupta has led Web 3.0, blockchain and crypto partnerships.

Business model

AvatarLife operates a free-to-access virtual world monetised through in-world currency and token purchases, premium membership plans, a marketplace for virtual goods, and a revenue share on creator earnings. Islands are provided to creators at no upfront cost and with no monthly tier; instead the company takes 10 percent of what creators cash out from gaming and other creations, with an optional flat $99-per-month land tier for higher-earning creators who prefer it. Promotional material has also described a VIP Pass sold for $20 that granted more than $60 of cashable gaming credits.

Revenue is drawn from sales of the in-world currency AV$ (priced at $1 for 250 AV$ and payable via PayPal or cryptocurrency), premium and VIP membership plans, marketplace transactions in virtual assets, a 10 percent share of creator cash-outs or an alternative $99 monthly land tier, and the AVR$ token economy. Inc42 records revenue of over β‚Ή1.1 crore in FY25, a 279.9 percent increase on the prior fiscal year.

Traction

Reported traction includes a game catalogue that grew from more than 25 titles across three operators in mid-2023 to a stated 80+ live games, a marketplace, premium memberships, a Telegram mini app and a token generation event. Inc42 records FY25 revenue above β‚Ή1.1 crore, up 279.9 percent year over year, alongside about 10 employees and roughly 1,460 monthly website visits. Social presence recorded in 2024 was modest, with 891 Facebook page likes and 84 Instagram followers, and a forum participant noted 681 unique website visitors at that time. The company owns eight parcels in Decentraland and has created skill-based games there.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

AvatarLife positions itself as a free alternative to Second Life and as a Web3-native gaming company operating an OpenSim grid. Investor Info Edge Ventures framed the seed investment as its third bet in gaming after FanClash and Mirana, in an Indian gaming sector that raised $2.8 billion over the five years to 2023. Coverage places AvatarLife alongside other Web3 and metaverse gaming entrants such as Kratos Studios. The company also holds creator positions in other virtual worlds, owning eight land parcels in Decentraland and building in Roblox. Third-party data indicates a small operation, with roughly 10 employees and website traffic of about 1,460 visits over a recent 30-day period.

AvatarLife offers creators free islands with no monthly land tier, charging only a share of what they earn, in contrast to conventional virtual-world land fees. It supplies its own viewer with voice and video calling on Windows in addition to compatibility with standard OpenSim viewers, and it combines an OpenSim social world with a large library of skill-based, play-to-earn and free-play games and an off-chain/on-chain hybrid asset model intended to keep in-world transactions instant while preserving verifiable ownership for external transfers. The company has stated that games of pure chance, such as roulette and casino machines, are prohibited on the grid in favour of skill-based games.

Technology

The virtual world is built on OpenSim, accessible through AvatarLife's proprietary viewer for Windows, Linux and Apple systems β€” which has supported voice and video calling on Windows β€” or via third-party OpenSim viewers, at the hypergrid address grid.avatarlife.com:8002. In-world building and scripting use LSL OpenSim scripting, which the company says is accessible to creators with Second Life or comparable experience. The economy uses a hybrid design: in-game assets are held off-chain for instant transactions, while blockchain records ownership and transfers of assets moved outside the world. The AVR$ token underpins the on-chain layer; the earlier partner token JejuDoge runs on Ethereum. A Telegram mini app and a web games portal extend the platform beyond the desktop client.

Go-to-market

Distribution is direct-to-consumer through the AvatarLife website and downloadable viewer, with acquisition driven by free land and free house offers to new residents, free islands built for creators, replay bonuses on in-world currency purchases, and rewards and airdrops for onboarding users. Content supply is expanded through partnerships with established virtual-world game creators and builders β€” including the creators of Zyngo, Dawgs and the Celestial Game Tower β€” and third-party operators are allowed to develop and run games on the platform. Reach is extended through a Telegram mini app, a browser games portal, and social channels on Instagram, TikTok, YouTube and Facebook. Promotion has also included unsolicited in-world instant messages sent to Second Life users, which drew criticism on a virtual-worlds forum.

Adults aged 18 or over (or the higher local legal age) who are legally permitted to take part in skill gaming: social virtual-world residents, casual and play-to-earn gamers, and content creators and estate owners who build, sell in-world items or operate games. Third-party game operators and blockchain communities form a secondary audience. At the time of the seed round the company was developing mobile-based 3D products targeted at Indian users.

Geography

AvatarLife Skill Games Inc. is incorporated in Delaware, USA, while the virtual world's core software is developed by Gamingverse Private Limited, registered in India; Inc42 tracks the company as an Indian startup and a Facebook listing gives a Los Altos, California location. Products at the time of the seed round targeted Indian users, and the platform is accessible globally online, with roadmap plans for localised versions as part of a global expansion phase. A partnership with the JejuDoge community produced islands themed on South Korea's Jeju Island.

History

The company's roadmap dates the metaverse launch to December 2022, shortly after Hypergrid Business reported in November 2022 that the founders had completed a $1.5 million seed round with Info Edge Ventures at a $7.5 million valuation; the round was publicly announced by the startup in late June 2023. Poker launched in July 2023 and premium memberships in September 2023, followed by the marketplace in January 2024, a viewer feature in September 2024, Sure Win gaming in November 2024, and breeding and horse racing in December 2024. In January 2025 the company describes transitioning into Web3, launching a Telegram mini app with casual games in February 2025 and holding a token generation event for AVR$ in April 2025 alongside an airdrop to gold and diamond holders. Later roadmap phases cover in-world asset expansion, AVR$ staking, partnerships with blockchain projects and other metaverse platforms, cross-platform interoperability, token-holder governance and localised global expansion.

Risks & controversies

Participants in a June 2024 VirtualVerse One forum thread raised concerns about AvatarLife after unsolicited promotional instant messages were sent to Second Life users from a newly created, information-free avatar profile; commenters described the marketplace as sparse and heavily oriented toward gambling-style content, questioned the use of the "Web 3.0" label, and noted low website traffic. An AvatarLife team member responded in the thread asserting that the project is legitimate and that its user base is growing. The company has separately stated that games of pure chance are prohibited on the grid. The offering carries regulatory sensitivity: the terms of service restrict membership to users aged at least 18 (or higher where local law requires) and to those legally permitted to participate in skill gaming in their country, and bar users in countries where virtual worlds are not permitted. Promotional claims of cashable credits, an in-world currency purchasable with cryptocurrency, and a token launch add exposure to gaming and digital-asset regulation.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
AV$ in-world currency exchange rateNov 2022$1 for 250 AV$
Creator revenue share taken by AvatarLifeNov 202210%
Decentraland land parcels ownedNov 20228 parcels
Employee countJan 202610 employees
Facebook page likesJan 2024891 likes
Games available on platformJan 202580 games
Instagram followersJan 202484 followers
Monthly web trafficJan 20261,460 visits
Valuation after seed roundNov 2022$7.5M

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 13

launches, deals, and filings
Apr 2025
Token Generation Event for AVR$ token

Roadmap entry for the AVR$ Token Generation Event, followed by a proportional airdrop of AVR$ tokens to players holding gold and diamonds in the Telegram mini app.

source β†—

Feb 2025
Telegram mini app launched with casual games

Launch of a Telegram mini app featuring casual games including Spin the Wheel, Hi-Lo and Slots.

source β†—

Jan 2025
Transition into Web3 with blockchain integration

source β†—

Dec 2024
Breeding and horse racing features launched

source β†—

Nov 2024
Sure Win gaming introduced

source β†—

Sep 2024
Viewer feature launched

source β†—

Jul 2024
VIP Pass system for gamers

A promotional in-world message stated that AvatarLife would launch a VIP Pass system in July 2024, under which a $20 VIP Pass provided more than $60 in gaming credits that could be cashed out.

source β†—

Jan 2024
Marketplace launch for trading in-game assets

source β†—

Sep 2023
Premium membership launched

source β†—

Jul 2023
Poker game launch

source β†—

Jun 2023
AvatarLife raises $1.5M seed round led by Info Edge Ventures

Info Edge Ventures, the investment arm of Info Edge (India) Ltd, led a $1.5 million seed round in metaverse gaming platform AvatarLife, with other unnamed participants. The company said it would use the capital for product research and development, community building and expanding its global team. Info Edge Ventures partner Chinmaya Sharma commented on the investment; it was the firm's third gaming bet after FanClash and Mirana.

$1.5M source β†—

Dec 2022
Metaverse launch

AvatarLife launched its metaverse, per the company roadmap.

source β†—

Nov 2022
Partnership with JejuDoge cryptocurrency community

AvatarLife partnered with the JejuDoge cryptocurrency (an Ethereum-based token), whose community funded and developed two islands themed on South Korea's Jeju Island and its volcano.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Avatarlife do?
AvatarLife is an OpenSim-based Web3 metaverse and skill-gaming grid with avatars, virtual land, a marketplace and the AVR$ token.
Who founded Avatarlife?
Avatarlife was founded by Sushant C.
Who are Avatarlife's investors?
Avatarlife's investors include Info Edge Ventures.