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MetaCene, The Leading Meta-MMO Platform, Announces $10 Million Private A Round Funding


Meta-MMO Platform

March 11, 2024


MetaCene, the leading meta-MMO platform for gamers, has announced the closure of its $10 million Private A round funding. The successful round brings together a star-studded lineup of investors, fueling MetaCene's mission to create a borderless on-chain homeland that unites MMORPG players, content creators, and Web3 enthusiasts through “co-entertainment, co-creation, and co-governance”.

Project

Latest Raise

Latest Raise

Stage

Total Raise

Lead Investor

Category

MetaCene

Mar 11, 2024

 $10M

Series A

$15M

Folius Ventures

Gaming

This funding round was led by renowned blockchain investment firms Folius Ventures and SevenX Ventures, with participation from other industry heavyweights including The Spartan Group, Mantle Network, Animoca Ventures, Longling Capital, Comma3 Ventures, and IGG. This diverse group of investors exemplifies the immense potential of MetaCene's vision and their confidence in the team's ability to execute.


MetaCene's co-founder and CEO, Alan Tan, highlighted the importance of this funding. "This investment empowers us to accelerate our ambitious vision. We'll invest in expanding our development team and attracting top talent across tech, design, and community management. The funds will fuel user acquisition initiatives and deepen our engagement with the passionate MetaCene community. Ultimately, we're committed to delivering the most immersive and player-driven blockchain MMORPG experience possible."


MetaCene has launched two major NFT collections during its rapid game development. The MetaCene Apostle NFT (MAN) collection, limited to 500 pieces for the most honorable contributors to the ecosystem, achieved an impressive 400% value growth during Alpha Test V.2. The Cece Cube NFT collection, consisting of 2,997 pieces, has established itself as a driving force of MetaCene’s NFTFi system. MAN and Cece collections have accumulated a total volume of 1,314 ETH, reflecting the strong valuation and community confidence in MetaCene assets.


Collaborating with powerhouses like Mocaverse, YGG, and Ancient8 and galvanized by committed investors, MetaCene looks forward to Alpha Test V.3 in March 2024, including both PC and mobile platforms. Through the upcoming Content Creator Incubation Program, MetaCene is preparing to launch the Realms NFT collection, an innovative server-centered asset that will allow holders to build their own MetaCene world.


About MetaCene

MetaCene is building a next-gen blockchain MMORPG homeland for mass players. It presents a surreal post-apocalyptic society where survivors interact with diverse NFTs to redefine civilizations. MetaCene pioneers player-centric entertainment, governance, and creation through innovative PVE and PVP gameplay, robust technology infrastructures, social guild DAO governance, sustainable economic systems, and in-game AIGC editors. MetaCene is founded by gaming experts with 20+ years of industry experience from Shanda Games, Blizzard, and Perfect World.


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MetaCene


About Investor

Investor: Folius Ventures

Folius Ventures is a leading venture capital firm specializing in early-stage blockchain and Web3 technologies investments. They focus on projects that push the boundaries of digital ownership and creativity.

Location: United States





A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

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