Pantera and Animoca Brands Partner to Invest $10 Million in Metaverse Game Studios

Solana Ventures and Everyrealm also led the investment round for Angelic’s inventor.

Metaverse Game Studios, a blockchain game production business, has raised $10 million in a round headed by Pantera Capital, Animoca Brands, Solana Ventures, and Everyrealm. Additionally, OKX Blockdream Ventures, Mechanism Capital, Morningstar Ventures, Huobi Ventures, and Shima Capital participated as investors.
Angelic, the company’s main title, is a turn-based strategic combat game in which the player takes on the role of a “unique neo-human” who meets and collaborates with other partners.

According to the website, Angelic uses non-fungible token (NFT) commodities like as ships and cosmetics, as well as a decentralised autonomous organisation (DAO) system to allow users community power over the game and its intellectual property.

“Angelic is creating a massively multiplayer metaverse with a rich gameplay layer enhanced by a complex background. This, we feel, is the best strategy for bridging the difference between blockchain games and AAA blockbusters “Yat Siu, co-founder and executive chairman of Animoca Brands, stated in a press statement.


Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

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