Metaverse Game Studios has secured $10 million in an investment round headed by Pantera Capital, Animoca Brands, Everyrealm, and Solana Ventures. Other venture capitalists who were in the investment round were OKX Blockdream Ventures, Morningstar Ventures, Mechanism Capital, Huobi Ventures, and Shima Capital. Metaverse Game Studios is a blockchain game production firm.
The main game of Metaverse Game Studios is ‘Angelic’. It is a turn-based strategic battle game in which the player takes on the role of a “unique neo-human” who meets and interacts with partners along the route.
According to the Metaverse Game Studios’s website, Angelic features non-fungible token (NFT) products like ships and cosmetic items as well as a decentralised autonomous organisation (DAO) system to provide players community power over the game and intellectual property.
On the investment round, Animoca Brands co-founder and Executive Chairman Yat Siu said that Angelic was building a massive multiplayer metaverse with a rich gaming layer and a refined background. The company trusts that approach as the best strategy for bridging the gap between blockchain games and AAA blockbusters (video game industry).