Metalcore has raised significant funding through two major rounds, totaling $18.7 million, demonstrating strong investor confidence and providing substantial financial resources for development.
The game is backed by high-profile, experienced Web3 investors such as BITKRAFT Ventures, Spartan Group, Delphi Digital, and Arrington Capital, who bring credibility and expertise.
Strategic partnerships with Immutable and Portal provide clear benefits beyond financial investment, including scalability, zero gas fees, and streamlined onboarding processes, enhancing the game’s accessibility and user experience.
The partnerships have resulted in notable technological advancements, such as the integration with Immutable’s zkEVM ecosystem and AI-powered dynamic mission systems, contributing to the game’s innovation and replayability.
There is no mention of controversies or conflicts of interest with partners or investors, suggesting a clean and aligned partnership structure.
The funding approach and amount are highly competitive in the Web3 gaming space, further positioning Metalcore as a strong contender in the market.
Transparency regarding funding and partnerships appears adequate, with clear communication about the involvement of key investors and their contributions.
Introduction
In the rapidly evolving Web3 gaming industry, strategic partnerships and investor support are crucial for the success and sustainability of new projects. Metalcore, developed by Studio 369, has attracted significant attention due to its innovative gameplay and strong backing from prominent investors in the Web3 space. This report will cover:
The financial backing and the key investors behind Metalcore.
[1a][2a]
The strategic benefits these partnerships bring to Metalcore’s development and ecosystem.
[2b][2c]
The impact of these partnerships on Metalcore’s potential for long-term success and sustainability.
[2b][3a]
Financial Backing and Key Investors
Metalcore has raised significant funding over multiple rounds, demonstrating strong investor confidence in its potential. The game’s development has been supported by two major funding rounds, raising a total of $18.7 million. The key investors include:
[1a][3b]
The first funding round in March 2022 raised $15 million, with BITKRAFT Ventures and SpartanGroup leading the investment.
[1c]
The second funding round in March 2024 raised an additional $5 million, with participation from Delphi Digital, Arrington Capital, and Sanctor Capital.
[1a]
Other notable investors include King River Digital Assets, Amber, Auros, Zeneca, and Grail, among others.
[2e]
Strategic Benefits from Partners and Investors
Beyond financial backing, Metalcore’s partners and investors bring significant strategic benefits that enhance the game’s development and ecosystem. These benefits include:
The partnership with Immutable provides scalability and zero gas fees for in-game transactions, significantly improving the user onboarding experience.
[2c]
The integration with Immutable’s zkEVM ecosystem allows for the deployment of custom smart contracts, enabling gas-free experiences for players.
[2c]
The collaboration with Portal aims to streamline onboarding by consolidating Web3 games, digital assets, and user accounts into a single platform, potentially increasing Metalcore’s accessibility to a broader audience.
[3c][3d]
Impact on Long-Term Success and Sustainability
Metalcore’s partnerships and investor support have had a positive impact on its potential for long-term success and sustainability. The key contributions include:
The development of a dynamic mission system powered by AI, which ensures infinite replayability and enhances player engagement.
[2b]
The reduction of onboarding barriers through partnerships like Immutable and Portal, which simplifies the user experience and expands Metalcore’s reach.
[3a][2c]
The strong track record of investors like BITKRAFT and Spartan Group in the Web3 gaming space, which brings credibility and expertise to Metalcore’s development.
[2a][1c]
Conclusion
Metalcore’s partnerships and investor support have played a pivotal role in its development, positioning the game for long-term success and sustainability. The key findings of this report include:
Metalcore has secured significant funding, totaling $18.7 million, from prominent investors like BITKRAFT, SpartanGroup, and Arrington Capital, providing the financial resources necessary for continued development.
[1a][3b]
Strategic partnerships with Immutable and Portal have streamlined onboarding processes and enhanced the game’s technological infrastructure, making it more accessible to both Web2 and Web3 gamers.
[2c][3a]
The expertise and track record of investors like BITKRAFT and Spartan Group lend credibility to Metalcore’s development, boosting its potential for success in the competitive Web3 gaming market.
[2a][1c]
