The game development company Studio369, which is developing the new blockchain-powered multiplayer PvP-focused shooter game MetalCore, has raised $5 million. Recently, the company completed its funding round from BITKRAFT Ventures, Delphi Digital Sanctor Capital, and a host of other investors.

The CEO of Studio369, Matt Candler, said, “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 company expressed its enthusiasm after the successful completion of the funding rounds.

“The additional funding will help us hone and sharpen MetalCore even further to deliver the most fun, engaging, and awesome experience,” Matt added. The funding round also had noteworthy participants, including investors from King River, Arrington Capital, FatCats, Amber, Auros, Zeneca, Grail, Spirit Doa, LiquidX, Sonic Boom Ventures, Rarestone, Cypher Capital, Cogitant Ventures, EllioTrades, Citizen Capital, and more.

Studio369’s MetalCore and Immutable

MetalCore is an NFT-based, open-world, mechanized combat game with a unique sci-fi world. The game is set in an alien world where players participate in real-time combat with tactical aerial and ground skirmishes. Also, players can fight for economic and military authority against host players.

Not to mention, the game allows players to craft and trade vehicles and gear, develop land, and engage in various activities as they fight. There are player-versus-player (PvP) matches and AI-enhanced enemies with combat vehicles and giant mechs. The game also has a scanning system for players to gain vehicle blueprints of enemies and create new weapons and vehicles.

The company mentioned they will use the raised funds for new feature development in the game and use artificial intelligence for generating tasks and assignments. Studio369 is also collaborating with Immutable, and the Web3 MMO MetalCore will deploy Immutable’s newly launched zkEVM mainnet. 

Immutable, being the global leader in Web3 game development, is partnering with Studio369’s MetalCore to present an experience like never before.