Maker of Angelic Gets $10M in Round Joined By Animoca Brands, Pantera Capital, Solana Capital, Everyrealm

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Metaverse Game Studios has actually raised $10 million in a financial investment round led by blockchain video gaming business Animoca Brands, crypto-focused hedge fund Pantera Capital, Solana Ventures, and metaverse investment firm Everyrealm.

OKX Blockdream Ventures, Mechanism Capital, Morningstar Ventures, Huobi Ventures, Shima Capital, Ancient8, and Rainmaker likewise took part in the round.

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Metaverse Game Studios’ very first title is Angelic, which intends to be a AAA MMORPG in a sci-fi world. Its designers have actually formerly dealt with AAA video games like League of Legends, Far Cry, Metro Exodus, and Halo 3.

Angelic launched its very first gameplay video footage back in September 2020 and has strategies to launch “Founder Series” NFTs, token sales, airdrops, and 2 demonstrations this year.

In a declaration, Pantera Capital partner Paul Veradittakit called Angelic “a much needed top-tier game product” in the blockchain video gaming area.

“We’ve looked at many projects and can say that this is one of the few games out there that has a sophisticated enough design to be a staple of Web3 gaming for a long time to come,” Veradittakit stated.

Animoca Brands co-founder Yat Siu stated Angelic will “help bridge the divide between blockchain games and AAA titles.” While a variety of play-to-earn blockchain video games have actually increased in appeal– such as Axie Infinity and Splinterlands– a AAA multiplayer RPG has yet to make waves in the crypto video gaming area.

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