The creative force behind the highly anticipated Web3 multiplayer PvP-shooter MetalCore, Studio369, has successfully raised $5 million in a new funding round. Investors including BITKRAFT Ventures, Delphi Digital, and Sanctor Capital participated in the funding round, along with SpartanGroup, King River Digital Assets, Arrington Capital, and other entities.
The secured funds will be used for the ongoing development of MetalCore, which will support the implementation of upcoming features. One of the exciting features that the team is working on is the introduction of a dynamic mission system powered by AI. This system will offer players unique assignments and objectives for infinite replayability. Furthermore, by integrating MetalCore into the Immutable zkEVM ecosystem, users will be able to deploy custom smart contracts, which will lead to gas-free experiences for in-game transactions, upgrades, and rewards.
Studio369 CEO Matt Candler expressed excitement about the support received, stating, “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. The additional funding will help us hone and sharpen MetalCore even further to deliver the most fun, engaging, and awesome experience.”
What is MetalCore?
MetalCore is an open-world combined arms game that immerses players in faction-based territorial conquest on expansive battlefields. Players can craft and trade vehicles, recruit pilots, and engage in various activities to vie for dominance in planetary warfare. Developed by industry veterans with experience at gaming giants like Activision, Lucasfilm, and Midway, the game offers intense player-versus-player encounters and battles against AI-enhanced enemies. Players can pilot combat vehicles and giant mechs, each customizable with unique load-outs and variants.
The game’s ‘scanning’ system allows players to obtain Vehicle Blueprints from defeated foes, creating a vibrant in-game marketplace for trading Web3 assets.