First-of-its-kind blockchain gaming platform metaENGINE has raised $4 million in its recent seed funding round. The round was co-led by venture capital (VC) firms Lemniscap and Jump Crypto, with participation also coming from Polygon Studios, Blockwall, blufolio, Insignius Capital, Future Fund, CoinDCX Ventures, Efficient Frontier, Maelstrom, and other leading VC funds and angel investors.
The funds will be used to enhance its highly-anticipated v1 release, which has the aim of accelerating the web3 game engine’s path to creating a faster, seamless, and more efficient development platforms for GameFi projects.
The v1 release is expected to go live during Q3 of 2022, where over 25 GameFi projects are set to join the platform. Onlooking fans can expect to receive more details on such launch within the next few weeks.
MetaENGINE, which was fundamentally built within the two decades of developing MMO game engine HeroEngine, provides developers with a complete suite of tools to build and publish MMO GameFi projects from scratch, mint NFTs, and in the future, migrate games from other venues.
In its expertise as a leading, real-time, scalable, and cloud-based development platform, it has secured successful licensing agreements with likes of Electronic Arts to develop ‘Star Wars: The Old Republic,’ Zenimax to develop ‘The Elder Scrolls Online,’ and several other MMO projects.
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