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MetalCore, a Blockchain Game, Secures $5 Million in Latest Funding Round

Studio369, a leading videogame developer, has recently secured a substantial $5 million in funding for its highly anticipated web3 MMO, MetalCore. This funding round, which took place on March 12, attracted investments from renowned names in the industry such as Delphi Digital, BITKRAFT Ventures, and Sanctor Capital, among others. Notable contributors like Spartan Group, King River Digital Assets, and Arrington Capital also joined in supporting Studio369’s ambitious vision for MetalCore.

MetalCore sets itself apart by incorporating cutting-edge technologies such as AI and blockchain into its gameplay. The game boasts an innovative dynamic mission system powered by AI, offering players a diverse range of challenges and objectives. Studio369 plans to utilize the newly acquired funds to further develop MetalCore, with a focus on enhancing features like the user-generated content system, which will be bolstered by blockchain integration.

By leveraging the Immutable zkEVM ecosystem, MetalCore will enable developers to deploy custom smart contracts, providing users with a seamless and gas-free experience. Players can look forward to enhancing in-game items, conducting transactions, earning rewards, and participating in various activities within the game world. Studio369 aims to forge new partnerships and expand MetalCore’s ecosystem to attract a broader player base.

MetalCore’s gameplay revolves around an expansive open-world environment where players can partake in large-scale battles for territorial dominance. The game offers a range of activities such as crafting and trading vehicles and equipment, recruiting pilots, developing land, and engaging in strategic tasks to establish planetary supremacy.

Studio369’s CEO, Matt Candler, expressed enthusiasm for the continued support from key players in the gaming industry, highlighting the shared vision for MetalCore. The additional funding will enable the team to further refine and enhance the game, ensuring a captivating and immersive gaming experience for players.

MetalCore is developed by industry veterans with a wealth of experience from companies like Activision and Lucasfilm, having worked on renowned titles such as Gears of War and Mortal Kombat. The game has already garnered recognition, receiving the GAM3 2022 Award for Best Shooter Game and securing $15 million in funding back in 2021. With its innovative gameplay features and strong backing, MetalCore is poised to make a significant impact in the world of web3 gaming.

Ian Bennett
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Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.

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