Angelic Announces $10 Million Investment Co-Led by Animoca Brands and Pantera Capital
Metaverse Game Studios, a leading blockchain game development studio, and the developers of Angelic, a narrative Strategy MMORPG backed by the blockchain and set in a collaborative sci-fi metaverse, has raised a total of $10M from industry-leading investors. The investment was co-led by Pantera Capital, Animoca Brands, Solana Ventures, and Everyrealm.
Other investors include OKX Blockdream Ventures, Mechanism Capital, Morningstar Ventures, Huobi Ventures, Shima Capital, and many reputable guilds such as Ancient8 and Rainmaker.
The company’s flagship game, Angelic, is what received the attention of investors and partners. Making a game that’s immersive and fun to play has been the solid focus of Angelic’s game industry veteran workforce. With that primary focus of creating a better gaming experience, Angelic’s developers also decided to incorporate the latest blockchain technology features of the Solana blockchain into their game.
Yat Siu, the co-founder and executive chairman of Animoca Brands, commented:
“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.”
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 to 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.”
More of their partners, as of the beginning of March 2022, are:
Signum Capital, Fundamental Labs, Double Peak, Gate.io, GSR, GGG, Spark Digital, Mintable App, Dweb3, Ingama, BreederDAO, Enzac Research, Exnetwork Capital, IBA, UOB Venture, 0x Adventure, Ancient 8, Paribu Ventures, Evos Guild, Moonrock Capital, MC Ventures, PathDAO, Play It Forward, Qi Capital, Rainmaker, Seascape, Sigma Capital Group, SL2 Capital, Unix Gaming Guild, Waterdrip Capital, XT Labs, Danxia Capital, Compute Ventures
Angelic combines turn-based strategy combat with a narrative RPG, all backed by a collaboratively crafting science-fiction setting thanks to blockchain technology. Get ready to shape a massive conflict in the dark and compelling universe of Angelic.
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