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Studio369 secures $5 million funding for the development of MetalCore, an immersive Web3 multiplayer mech MMO.

Studio369, a game development studio, has recently secured $5 million in funding for the development of MetalCore, an immersive Web3 multiplayer mech MMO. MetalCore is an open-world player-versus-player mech combat game that combines the engagement of high-quality traditional gaming with true asset ownership through Web3 technology.

The game has been in development for approximately three years and has recently undergone an invite-only closed beta test. It is expected to enter an open beta test within the next few months. MetalCore is being developed by a team of creative professionals with experience at renowned companies such as LucasFilm, Disney, and Activision.

CEO of Studio369, Matt Candler, expressed excitement about the support and shared vision for MetalCore from prominent companies and influencers in the gaming industry. The additional funding will be used to further refine and enhance the game, ensuring the most fun, engaging, and awesome experience for players.

Investors in this funding round include Bitkraft Ventures, Delphi Digital, Sanctor Capital, SpartanGroup, and several others. The funds raised will be allocated towards the ongoing development of MetalCore, with one of the highlights being a dynamic mission system driven by artificial intelligence. This system will generate unique assignments, objectives, and tasks, providing infinite replayability and diverse scenarios for players to engage with.

MetalCore is set in an open-world environment with massive battlefields where factions compete for territorial conquest. Players have the ability to craft and trade vehicles and gear, recruit pilots, develop land, and participate in various activities as they strive for planetary domination.

The game presents players with the option to play on foot or in a mech. It challenges players to face AI-enhanced enemies in both scenarios, offering customizable load-outs and unique variants for hours of gameplay. MetalCore introduces a scanning system that allows players to obtain Vehicle Blueprints from defeated foes, create new weapons and vehicles, convert them to Web3 assets, and trade them on the marketplace.

Studio369 consists of industry veterans with over a decade of experience at major gaming companies such as Activision, Lucasfilm, Midway, and Phosphor. The team’s expertise includes working on iconic games and franchises such as Mechwarrior 2, Gears of War, Mortal Kombat, Silent Hill, Killer Instinct, Front Mission, LOTR Return to Moria, and World of Mechs VR.

MetalCore has already gained recognition, winning the GAM3 2022 Award for Best Shooter Game. With the additional funding secured, Studio369 is poised to further refine MetalCore and deliver an immersive gaming experience that combines cutting-edge technology with engaging gameplay.

In conclusion, Studio369’s recent funding success for MetalCore highlights the growing interest and support for immersive multiplayer gaming experiences. With its combination of high-quality gameplay and true asset ownership through Web3 technology, MetalCore is poised to make a significant impact in the gaming industry. Players can look forward to dynamic missions, open-world battles, and the ability to craft and trade vehicles and gear. As MetalCore moves closer to its open beta test, anticipation continues to build for this exciting new game.

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