Blockchain game development studio Metaverse Game Studios recently raised $10 million in a funding round co-led by Pantera Capital, Animoca Brands, Solana Ventures and Everyrealm. Other investors included OKX Blockdream Ventures, Mechanism Capital, Morningstar Ventures, Huobi Ventures and Shima Capital.
Metaverse Game Studio’s flagship game is called Angelic – it combines turn-based strategy combat with a narrative RPG, all backed by a collaboratively crafting science-fiction setting thanks to blockchain technology.
Angelic has non-fungible token (NFT) items, including ships and cosmetic items, and a decentralized autonomous organization (DAO) mechanism to give players community governance over the game and intellectual property.
Angelic is running an alpha test for select community members and partners near the end of January 2023. The public launch of Angelic is happening in February 2023. Players in the alpha test and NFT holders will be able to trade their NFTs when the game launches.
Animoca Brands Executive Chairman, Yat Siu, stated:
“Angelic is building a massively multiplayer metaverse with a deep gameplay layer enriched by a sophisticated backstory. We believe this is the right approach to help bridge the divide between blockchain games and AAA titles.”