MetaGods
The world’s first Play-To-Earn Action RPG built on the blockchain. Trade and play with generative NFTs to vanquish dangerous monsters.
| Date | Investors | Amount | Round |
|---|---|---|---|
$3.0m | Seed | ||
| Total Funding | 000k | ||
MetaGods is a developer of a blockchain-based, play-to-earn (P2E) massively multiplayer online role-playing game (MMORPG). The company was founded in 2021 and operates within the GameFi and decentralized application market. The project secured $4.2 million in a seed funding round in December 2021, with investors including Hashed, DAO Maker, and MrBeast.
The business model centers on a player-owned economy built on the BNB Chain. It utilizes a dual-token system to manage its in-game economy and governance. The primary governance token, $MGOD, is used for purchasing character packs, paying entry fees for special events and tournaments, staking, and marketplace transactions. A secondary in-game currency, $RELIC, is earned through gameplay and used for buying consumables and other marketplace activities. Revenue is generated from these transactions and the initial sale of digital assets.
The game itself is an 8-bit, retro-style action RPG where players assume the roles of demigods inspired by various mythologies. The core gameplay involves players exploring dungeons, fighting monsters, and battling powerful deities to earn token rewards and tradable NFT loot. These NFTs represent in-game assets such as characters, weapons, and armor, which can be traded on the platform's marketplace. The game features both Player-vs-Environment (PVE) and Player-vs-Player (PVP) battle modes. A key feature is the offering of two distinct gameplay modes: a casual mode for passive earning through staking and an intense hardcore mode which introduces NFT permadeath, where a player risks losing their character NFT permanently in exchange for the chance at higher rewards and rarer items.
The game's world is composed of digital real estate called LAND, which are ownable NFT plots within the game's 35 dungeons. LAND owners can earn passive income from activities within their dungeons, such as a share of loot dropped by other players who are defeated there, creating an asymmetrical gaming dynamic where landowners effectively control the dungeon bosses. Keywords: MetaGods, MGOD, RELIC, play-to-earn, P2E, GameFi, blockchain game, MMORPG, NFT game, crypto gaming, decentralized finance, 8-bit RPG, generative NFTs, dungeon crawler, passive income games, NFT permadeath, virtual land, player-owned economy, BNB Chain, crypto RPG, digital assets, metaverse gaming