Metaverse Game Studios

About Metaverse Game Studios

Metaverse Game Studios Inc., established in 2020, is a game development studio headquartered in St. Petersburg, Florida. The company was founded by CEO Erkan Bayol, an industry professional with a notable background that includes roles at Crytek, where he was involved with the title "Warface" as a Publishing Producer and later as Director of Game Operations. His experience in the gaming sector, combined with lecturing on game production and entrepreneurship, provides a strategic foundation for the studio's direction. The firm operates in the Web3 gaming market, developing cross-platform titles for consumers.

The studio's flagship project is "Angelic," a narrative-driven, multiplayer strategy role-playing game (RPG) set in a dark science-fiction universe. The game combines turn-based tactical combat with party-based RPG elements, allowing players to lead a squad of genetically engineered neo-humans known as 'Angels'. Gameplay focuses on strategic battles, where players control heroes with unique abilities, and features deep customization of characters' skills and appearance. "Angelic" offers a variety of modes, including a single-player campaign with a branching storyline, cooperative (co-op) missions, and player-versus-player (PvP) battles. The game is structured around a free-to-play base game, "Angelic: The Chaos Theatre," with plans for premium content packs. Revenue is generated through the sale of optional cosmetic items, such as hero skins, which do not provide a competitive advantage.

Metaverse Game Studios integrates optional blockchain elements, positioning itself in the evolving Web3 space. The company has secured $10 million in funding from a wide range of investors, including notable firms like Pantera, Animoca Brands, and Solana Ventures, primarily through a Simple Agreement for Future Tokens (SAFT). This financial backing supports the development of its titles and the underlying technology. The blockchain integration is designed to be optional; players can choose a version of the game that allows for the conversion of in-game assets into NFTs and participate in a decentralized autonomous organization (DAO) for governance rights over the game's intellectual property. However, the core gameplay experience does not require interaction with blockchain features.