Studio369, which boasts a wealth of expertise from Activision, Lucasfilm, Midway, and others, will put the funding toward the ongoing development of the highly anticipated MMO.
Studio369, the game development company behind the upcoming blockchain-powered multiplayer PvP-focused shooter MetalCore, has announced the successful raise of $5 million via a new funding round conducted with participation from BITKRAFT Ventures, Delphi Digital, Sanctor Capital, and a host of other esteemed investors.
“We are excited to see that some of the most prominent companies and influencers in gaming continue to share and support our vision of MetalCore,” said Studio369 CEO Matt Candler. “The additional funding will help us hone and sharpen MetalCore even further to deliver the most fun, engaging, and awesome experience.”
This latest funding round also saw participation from Spartan Group, King River Digital Assets, Arrington Capital, Amber, Auros, Zeneca, Grail, Spirit Dao, LiquidX, Aggero, FatCats, Sonic Boom Ventures, Rarestone, Cypher Capital, Cogitant Ventures, EllioTrades and Citizen Capital.
Studio369 will put the newly raised funds toward continued development and upcoming features, such as a never-seen-before dynamic mission system that leverages AI to generate unique assignments, objectives, and tasks. These ensure infinite replayability and a never-ending stream of diverse, engaging scenarios. With integration in the Immutable zkEVM ecosystem, developers can deploy custom smart contracts and offer users a gas-free experience. Users will be able to upgrade and craft in-game items, make purchases, earn rewards, and more. The studio anticipates onboarding additional long-term partners and scaling the ecosystem to millions of players.
MetalCore is an open-world combined arms game with massive battlefields where frenzied players fight for their factions in territorial conquest. Players will be able to craft and trade vehicles and gear, recruit pilots, develop land, and engage in other activities as they fight for planetary domination.
Players can engage in massive player-versus-player (PVP) encounters and face AI-enhanced enemies while fighting on foot and piloting a wide array of combat vehicles and giant mechs. With customizable load-outs and unique variants, players will experience hours and hours of novel gameplay. The game features a ‘scanning’ system, allowing players to obtain the Vehicle Blueprints from their fallen foes, create new weapons and vehicles, convert them to Web3 assets, and trade them on the marketplace.
MetalCore was conceived and is being developed by a team of industry veterans, each with more than a decade of experience at gaming giants like Activision, Lucasfilm, Midway, and Phosphor. Their portfolios include work on iconic games and franchises such as Mechwarrior 2, Gears of War, Mortal Kombat, Silent Hill, Killer Instinct, Front Mission, LOTR Return to Moria, World of Mechs VR, and more. In the past, MetalCore has already won the GAM3 2022 Award for Best Shooter Game. MetalCore previously raised $15 million in late 2021.
