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Blockchain-Based Game MetalCore Receives $5 Million in Latest Funding Round

Videogame developer Studio369 has achieved a significant milestone by securing $5 million in its most recent funding round for its highly anticipated web3 MMO, MetalCore.

According to the press release disclosed to Cryptonews.com, the funding round held on March 12th witnessed substantial contributions from prominent investors like Delphi Digital, BITKRAFT Ventures, and Sanctor Capital, among others, who share Studio369’s vision.

Furthermore, additional support came from contributors such as Spartan Group, King River Digital Assets, and Arrington Capital, further bolstering the funding efforts.

MetalCore Backed by AI and Blockchain

Studio369 has unveiled MetalCore’s immersive features, highlighting its dynamic mission system powered by AI, promising diverse challenges and objectives.

The press release states, “Studio369 intends to allocate the newly acquired funds towards ongoing development and upcoming features, notably the groundbreaking dynamic mission system, which harnesses AI to generate distinct assignments, objectives, and tasks.”

Moreover, the user-generated content feature will be a focal point of gameplay, slated for expansion with blockchain support.

“Incorporating the Immutable zkEVM ecosystem will allow developers to deploy custom smart contracts, delivering users a gas-free experience,” the press release elaborates.

Players will enjoy the ability to craft and enhance in-game items, conduct transactions, earn rewards, and participate in various activities. Studio369 anticipates forging more long-term partnerships and expanding the game’s ecosystem to attract a wider player base.

Studio369’s Vision for Web3 Gaming

MetalCore is crafted to immerse players in an expansive open-world environment, where they partake in grand-scale battles to seize territorial dominance.

Within the game, players can indulge in crafting and trading vehicles and equipment, recruiting pilots, developing land, and a myriad of other interactive activities, all aimed at achieving planetary supremacy.

“We are thrilled to witness leading companies and gaming influencers rallying behind our vision for MetalCore,” exclaimed Studio369 CEO Matt Candler.

Candler further stated, “The additional funding will empower us to refine MetalCore even further, ensuring it delivers the most thrilling, captivating, and extraordinary gaming experience.”

MetalCore boasts a development team comprised of industry veterans from esteemed companies like Activision and Lucasfilm, possessing extensive expertise in major titles such as Gears of War and Mortal Kombat. Notably, the project, recognized with the GAM3 2022 Award for Best Shooter Game, had previously secured $15 million in funding in 2021.

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