Studio 369 Secures $5 Million Investment for Blockchain Video Game ‘MetalCore’

  • The participation of prominent investors like Delphi Digital, Bitkraft Ventures, Sanctor Capital, and Spartan Group in Studio 369’s $5 million funding round underscores the industry’s confidence in the potential of the ‘MetalCore’ game. 
  • This strategic investment not only provides financial support but also signifies the endorsement of the project’s vision and capabilities by key players in the gaming and crypto sectors.

Studio 369, the creative force behind the innovative blockchain-powered video game “MetalCore,” has successfully raised $5 million in a recent funding round. The investment consortium includes prominent names like Delphi Digital, Bitkraft Ventures, Sanctor Capital, and Spartan Group. This influx of capital comes on the heels of a previous $15 million raised through a private token sale precisely two years ago.

The company’s vision for the future involves utilizing these funds to push the boundaries of gaming technology even further. One of the key areas of focus is the development of an unprecedented dynamic mission system. This system, powered by artificial intelligence, promises to generate unique and engaging assignments, objectives, and tasks for players. Additionally, Studio 369 plans to integrate the game into the Immutable zkEVM ecosystem, enabling developers to deploy custom smart contracts. This integration will provide users with a seamless and gas-free experience, allowing them to upgrade, craft in-game items, make purchases, and earn rewards with ease.

Notably, Delphi Digital and Bitkraft Ventures have previously demonstrated their support for web3 gaming ventures by backing the Brazilian firm Jungle. Their involvement in Studio 369’s latest venture underscores the growing significance of blockchain technology in the gaming industry.

“MetalCore” is poised to revolutionize the gaming landscape with its unique blend of action-packed gameplay and blockchain integration. Described as a “combined arms” player-versus-player shooter, the game offers players the opportunity to engage in epic battles against both human adversaries and AI-controlled foes. Whether fighting on foot or piloting formidable combat vehicles and mechs, players can expect an immersive and adrenaline-fueled experience.

Currently, “MetalCore” is in its closed beta phase, allowing select players to experience the game’s mechanics and provide valuable feedback. Joining the ranks of other blockchain-based shooter games like “Shrapnel” and “Off the Grid” from Gunzilla Games, “MetalCore” has already garnered attention within the gaming community.

Excitement surrounding the game continues to grow, with Epic Games Store listing a PC version of “MetalCore” for early-access play. This move not only expands the game’s reach but also signifies the industry’s recognition of blockchain-powered gaming as a viable and promising sector.

Looking ahead, Studio 369 has set its sights on an open beta release for “MetalCore” by the end of the year. This milestone represents a significant step forward in the game’s development, providing players with broader access and further opportunities for engagement.

In conclusion, Studio 369’s successful funding round marks a significant milestone in the journey of “MetalCore.” With the support of esteemed investors and a clear vision for the future, the game is poised to redefine the gaming landscape, offering players a thrilling fusion of cutting-edge technology and immersive gameplay.

Embracing the Future of Gaming

In securing a $5 million investment for “MetalCore,” Studio 369 has not only demonstrated the potential of blockchain integration in gaming but also signaled a new era of innovation. With backing from industry leaders like Delphi Digital and Bitkraft Ventures, the game is poised to captivate players with its dynamic gameplay and immersive experience.

As “MetalCore” progresses towards an open beta release, it paves the way for a future where technology and entertainment converge, reshaping the gaming landscape for years to come.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Mehar Nayar

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