Metaverse Game Studios raises $10M for Angelic

Metaverse Game Studios announced that it had raised $10 million from investors to improve Angelic.
Angelic MGS
Metaverse Game Studios raised $10 million to make Angelic better.

Metaverse Game Studios, a leading blockchain game development studio, announced that it had received a total of $10 million from industry-leading investors. The investment was jointly led by Pantera Capital, Animoca Brands, Solana Ventures, and Everyrealm. Other investors include many reputable guilds such as OKX Blockdream Ventures, Mechanism Capital, Morningstar Ventures, Huobi Ventures, Shima Capital, Ancient8, and Rainmaker.

Angelic Game

The company’s flagship game, Angelic, has caught the attention of investors and partners. Making an immersive and fun game focuses on Angelic’s veteran workforce in the games industry. With this core workforce concentrated on creating a better gaming experience, Angelic’s developers decided to incorporate the technologies of the Solana blockchain into their games.

Yat Siu, the Co-Founder and Executive Chairman of Animoca Brands, gave the following words in his speech;

“Angelic is building a massively multiplayer metaverse with a deep gameplay layer enriched by a sophisticated backstory. We believe this is the right approach to help bridge the divide between blockchain games and AAA titles.”

Similarly, Paul Veradittakit, Partner at leading blockchain investor firm Pantera Capital, said:

“Pantera Capital is excited to help bring the Angelic game, a much needed top-tier game product, into the blockchain gaming world. It’s truly our pleasure to have added Metaverse Game Studios in our select investment portfolio. We’ve looked at many projects and can say that this is one of the few games out there that has a sophisticated enough design to be a staple of Web3 gaming for a long time to come.”

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