Game icon

Angelic

$x

N/A

72

Cadena

    Saga
    Solana

Platform

  • PC icon

Category

Co-op, Dark, F2P, Multiplayer, Party-based, PVP, RPG, SCI-FI, Strategy, Turn-based

Partners & Smart Money Investors for Angelic

Introduction

In the rapidly evolving Web3 gaming industry, strategic partnerships and investments play a crucial role in shaping a game’s potential for success and long-term sustainability. Angelic, developed by Metaverse Game Studios, has garnered significant attention and funding, positioning it as a promising project in the blockchain gaming space. [1a] This report will cover:

  • The financial backing Angelic has received, including the total funds raised and key investors [1b] [2a]
  • The strategic partnerships that enhance Angelic’s technological and community engagement capabilities [3a]
  • The expertise and resources brought by Angelic’s investors and partners, and how these contribute to the game’s development [4a]

Financial Backing

Angelic has successfully raised a total of $10 million, with the investment round co-led by prominent players in the blockchain industry, including Animoca Brands, Pantera Capital, Solana Ventures, and Everyrealm. [1b] [2a] Other notable investors include OKX Blockdream Ventures, Mechanism Capital, Morningstar Ventures, Huobi Ventures, and Shima Capital, further solidifying Angelic’s financial foundation. [2c]

  • The $10 million raised positions Angelic as one of the top gaming deals of 2022, as highlighted by the Drake Star Report. [5a]
  • Investors such as Animoca Brands and Pantera Capital have a strong track record in supporting successful Web3 projects, adding credibility to Angelic’s potential. [4a] [2d]

Strategic Partnerships

Angelic has established a strategic partnership with Saga, leveraging its scalable blockchain infrastructure to enhance the game’s on-chain performance and community engagement. [3a] This collaboration enables the seamless transfer of on-chain assets between Solana and Saga, enhancing player flexibility and the overall gaming experience. [3c]

  • Saga’s CEO, Rebecca Liao, emphasized the partnership’s potential to provide scalable and interoperable infrastructure, empowering both developers and players. [3d]
  • Angelic’s partnership with Cointelegraph aims to introduce the game to a broader Web3 audience, fostering mass adoption and bridging the gap between traditional and blockchain gaming. [5b]

Expertise and Resources

Angelic’s investors, including Animoca Brands and Pantera Capital, bring extensive experience in blockchain gaming, providing strategic guidance and credibility to the project. [4a] [2d] The support from these investors not only provides financial backing but also access to a network of industry experts and resources, enhancing Angelic’s development and market reach. [4d]

  • Animoca Brands, known for its successful investments in Web3 gaming, has highlighted Angelic’s potential to bridge the gap between blockchain games and AAA titles. [4e]
  • Pantera Capital’s endorsement underscores Angelic’s sophisticated design, which is expected to become a staple in the Web3 gaming space. [2f]

Conclusion

Angelic’s robust financial backing, strategic partnerships, and the expertise of its investors significantly enhance its potential for success and long-term sustainability in the Web3 gaming space. The $10 million raised from prominent investors, combined with strategic collaborations like those with Saga and Cointelegraph, positions Angelic as a promising project in the blockchain gaming industry. [1b] [3a]

  • Investors such as Animoca Brands and Pantera Capital bring not only financial support but also valuable industry expertise and credibility, further bolstering Angelic’s prospects. [4a] [2f]
  • The partnership with Saga enhances Angelic’s technological capabilities, enabling seamless asset transfer and scalable infrastructure, which are critical for a sustainable gaming experience. [3a]
  • Further research into specific terms of investments and upcoming funding rounds would provide a more comprehensive understanding of Angelic’s financial and strategic trajectory.

References

[1] CryptoRank. Angelic Funding Insights. CryptoRank. Available from: https://cryptorank.io/ico/angelic

[2] Kate Irwin. Maker of Angelic Gets $10M in Round Joined By Animoca Brands, Pantera Capital, Solana Capital, Everyrealm. Decrypt. Available from: https://decrypt.co/95070/angelic-maker-10m-round-joined-animoca-brands-pantera-capital-solana-capital-everyrealm

[3] Kelly Cromley. Angelic to Launch Dark Sci-Fi RPG on Saga Blockchain. CoinDesk. Available from: https://www.cointrust.com/market-news/angelic-to-launch-dark-sci-fi-rpg-on-saga-blockchain

[4] Metaverse Game Studios. Angelic Receives $10 Million Investment Co-Led by Animoca Brands and Pantera Capital, alongside…. Medium. Available from: https://metaversegamestudios.medium.com/angelic-receives-10-million-investment-co-led-by-animoca-brands-and-pantera-capital-alongside-29007c0e493c

[5] Cointelegraph's editorial staff. Metaverse Game Studios and Cointelegraph announce partnership for upcoming blockchain game Angelic. Cointelegraph. Available from: https://cointelegraph.com/press-releases/metaverse-game-studios-and-cointelegraph-announce-partnership-for-upcoming-blockchain-game-angelic

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