MetaCene Secures $10 Million in Private A Funding, Establishing Itself as a Trailblazer in Web3 Gaming.
In Brief
Working hand in hand with industry leaders like Mocaverse, YGG, and Ancient8, and supported by a passionate group of investors, MetaCene is getting ready for its upcoming announcements. Alpha Test V.3 in March 2024 As part of the upcoming Alpha Test V.3, there will be availability for both PC and mobile users.
Singapore, 13-03-2024, BlockmanPR – MetaCene, a pioneering meta-MMO platform catering to gamers, is pushing the envelope of digital ownership and imaginative gameplay. Today, it proudly reveals the successful closure of its $10 million Private A funding round. This achievement showcases a stellar array of investors who believe in MetaCene's goal of crafting an on-chain sanctuary that connects MMORPG enthusiasts, content creators, and Web3 aficionados through “co-entertainment, co-creation, and co-governance.”
The investment round was spearheaded by distinguished blockchain investment firms such as Folius Ventures and SevenX Ventures, with key contributions from titans of the industry like The Spartan Group, Mantle Network, Animoca Ventures, Longling Capital, Comma3 Ventures, IGG, and various others. This eclectic mix of investors underscores the promising vision of MetaCene and their strong faith in the team’s capability to deliver.
“Investing in MetaCene Backing this project goes beyond mere financial support; it’s a stake in the evolution of blockchain gaming. ‘Their focus on empowering players to claim their digital identities and assets, along with creating and expanding a boundless gaming universe, has immense potential to shape a revolutionary gaming experience that stands the test of time,’ commented [Jason, the Founder of Folius Ventures].
We are excited about the innovative path that the MetaCene team is traveling under Alan’s guidance, as it aims to elevate standards in Web3 gaming production while intertwining a fully realized economic system, a homegrown asset dynamic, and innovative distribution methodologies within an RPG genre teeming with commercialization opportunities. We eagerly await how MetaCene will enhance the user experience for gamers worldwide during the forthcoming Web3 gaming renaissance. [Jon, Partner at SevenX Ventures]
MetaCene was founded by seasoned industry veterans, boasting over 20 years of expertise from giants like Shanda Games, Blizzard, Perfect World, and others. Built on Unreal Engine 5, it ensures broad accessibility across PC, iOS, Android, and cloud platforms, facilitating an exceptional online gaming experience for millions.
Throughout two arduous Alpha Testing rounds in 2023, MetaCene not only validated its AAA-quality ambitions but also spotlighted its rapidly expanding player community. The number of participants soared from 2,961 during Alpha Test V.1 to over 5,000 in V.2; notably, individual gaming sessions increased from an average of 2.5 hours to 4 hours. Furthermore, during Alpha Test V.2, more than 20% of players engaged in on-chain transactions, averaging $143 each.
As part of its swift advancement in game development, MetaCene has introduced two significant NFT collections. The MetaCene Apostle NFT (MAN) collection, limited to just 500 pieces to honor vital contributors to the ecosystem, saw a remarkable 400% value appreciation during Alpha Test V.2. Meanwhile, the Cece Cube NFT collection, comprised of 2,997 pieces, has been a crucial element of MetaCene’s NFTFi ecosystem. Together, the MAN and Cece collections have amassed a total volume of 1,314 ETH , reflecting robust valuation and strong community trust in MetaCene assets.
‘This funding provides us with the means to accelerate our ambitious objectives. We intend to invest in broadening our development team and attracting top-notch talent across tech, design, and community management. These funds will enhance our user acquisition efforts and strengthen our connection with the dedicated MetaCene community. Ultimately, our mission is to create the most immersive and player-focused blockchain MMORPG experience possible, and this investment acts as a propel for reaching that ambition,’ stated Alan Tan, the founder and CEO of MetaCene.
Working hand in hand with industry leaders like Mocaverse, YGG, and Ancient8, and supported by a passionate group of investors, MetaCene is getting ready for its upcoming announcements. Alpha Test V.3 in March 2024 As part of the upcoming Alpha Test V.3 excitement, MetaCene is poised to launch the Realms NFT collection, an innovative asset centered around server dynamics that will empower holders to craft their unique MetaCene worlds .
With the release of Commercial Version 1.0 drawing near in 2024, MetaCene is eager to manifest its vision of co-creation and co-governance through AI integration alongside blockchain assets. By actively engaging community feedback and ideas into the game design process, it aims to transform into a mature meta-MMO platform and continuously provide players with unparalleled enjoyment.
About MetaCene
MetaCene MetaCene is working on a next-generation blockchain MMORPG haven designed for a broad player base. It unveils a fascinating post-apocalyptic realm where survivors engage with a variety of NFTs to reshape their societies. MetaCene takes the lead in player-centric entertainment, governance, and creativity, utilizing innovative PVE and PVP gameplay, solid technological foundations, social guild DAO governance, sustainable economic systems, and in-game AIGC editors. Founded by gaming specialists with over 20 years of experience from influential entities like Shanda Games, Blizzard, and Perfect World, it envisions a multi-chain landscape supported by Rangers Protocol featuring real-time confirmations and minimal gas fees.
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