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GameFi platform metaENGINE raises $4M in seed financing ahead of its v1 release » CryptoNinjas

CryptoNinjas.net by CryptoNinjas.net
March 4, 2022
Reading Time: 3 mins read
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GameFi platform metaENGINE raises $4M in seed financing ahead of its v1 release » CryptoNinjas


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metaENGINE, a first-of-its-kind blockchain video gaming facilities platform, today revealed the conclusion of a $4 million seed financing. The seed ound was co-led by Lemniscap and Jump Crypto with involvement from Polygon Studios, Blockwall, blufolio, Insignius Capital, Future Fund, CoinDCX Ventures, Efficient Frontier, Maelstrom, and other leading VC funds and popular angels.

The $4 million in fresh capital will help in additional advancement of the metaENGINE platform ahead of its upcoming v1 release, slated to go live throughout Q3, 2022. Over 25 GameFi tasks are set to sign up with the platform at its launch, with more information to be revealed in the coming weeks.

“No other engine combines a publishing platform, MMO networking, and blockchain tools — such as crypto wallet integration and NFT minting — all within a single platform. The interest shown by major blockchain VCs and the broader GameFi developer community serves as an encouraging vote of confidence and bodes well for our forthcoming v1 release.”
– Alex Shalash, CEO & Co-Founder at metaENGINE

Ready for v1 Release

metaENGINE has actually built on 20 years of experience in the advancement and release of enormous multiplayer online (MMO) video game engine HeroEngine.

This know-how in running a leading real-time, scalable, and cloud-based advancement platform protected effective licensing contracts with Electronic Arts to establish “Star Wars: The Old Republic”, Zenimax to establish “The Elder Scrolls Online”, and a number of other MMO tasks.

metaENGINE’s platform supplies designers with a total suite of tools to construct and release MMO GameFi tasks from scratch, mint NFTs, and in the future move video games from other places, and more.

Owing to metaENGINE’s distinct real-time collective environment, numerous designers and content developers can concurrently establish their video games throughout the world.

In addition, the platform will provide video gaming guild analytics and management tools, native multi-blockchain compatibility with Ethereum, Polygon, Solana, and others. A multi-chain tooling suite with SDKs, wallets, NFT market, and transactional layer is being constructed to be prepared at launch.

Interoperability

Notably, metaENGINE addresses among the most important, yet rarely gone over difficulties associated to blockchain-based video gaming — property interoperability.

Games established on metaENGINE will include not simply multi-chain compatibility however likewise multi-game performance, making it possible for products to be utilized throughout numerous video game environments – this is basic to the development of a real open metaverse video gaming experience.

Current blockchain video gaming tools are still fairly simple…

Incorporation of web3 aspects such as play-to-earn or NFTs needs video games to have a considerable quantity of external facilities that is not readily available on any single platform.

Other platforms aiming to accept blockchain functions normally decided to offer blockchain Software Development Kits (SDKs), such as Forte and Enjin, however this still needs additional combination work.

Among metaENGINE’s multi-chain combinations is Polygon. The Polygon Network allows sustainable operations for video game designers to alleviate the excessive gas costs connected with Ethereum.

“We believe metaENGINE will make a huge impact on the GameFi space — both for developers and gamers. We’re excited to get behind this project that will massively accelerate interoperability between web3 games.”
– Ishan Negi, Head of Operations at Polygon Studios



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