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Blockchain News

MetalCore MMO Scores $5 Million in Latest Blockchain Funding

Studio369 plans to boost user-generated content importance in-game, leveraging blockchain technology for enhancement.

Written By:
Dishita Malvania

Last updated: March 14, 2024 6:24 PM
Published 2024-03-13
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MetalCore MMO Scores $5 Million in Latest Blockchain Funding

On March 12, Studio369, creator of the highly anticipated web3 MMO MetalCore, secured $5 million in funding with notable backers such as Delphi Digital, BITKRAFT Ventures, and Sanctor Capital, alongside Spartan Group, King River Digital Assets, and Arrington Capital, showcasing robust support for their ambitious vision.

🔒$5 MILLION IN BATTLEFIELD FUNDS RAISED

Proud to announce in partnership with @Immutable and @HLV_XYZ that $5 Million has been raised for MetalCore!

🙏 Thank you to @BITKRAFTVC, @SanctorCapital, @TheSpartanGroup, @Delphi_Digital and many more!

💥 The battlefield is about to… pic.twitter.com/aizsBBCtUQ

— METALCORE | Let's #PlayMetalCore! (@playmetalcore) March 12, 2024

The company plans to direct the recently acquired funds towards ongoing development endeavors, particularly focusing on upcoming features like the innovative dynamic mission system. This system leverages AI to generate a diverse range of tasks and objectives for players, promising an unparalleled gaming experience.

Additionally, Studio369 aims to amplify the significance of user-generated content within the game, with blockchain technology set to enhance this aspect. 

The integration into the Immutable zkEVM ecosystem is highlighted, emphasizing the potential for developers to deploy customized smart contracts, offering users a seamless, gas-free experience.

Players can expect the freedom to upgrade and craft in-game items, conduct transactions, earn rewards, and engage in various activities. The developer anticipates establishing enduring partnerships and expanding the game’s ecosystem to attract a broader player base.

Matt Candler, CEO of Studio369, expressed enthusiasm for the ongoing support from leading gaming entities and influencers, highlighting their shared vision for MetalCore. Candler emphasized the pivotal role of additional funding in refining the game to deliver the most exhilarating and immersive experience possible.

Also Read: Monad Labs Targets $200 Million Funding Led by Paradigm

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
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Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.

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