MetaCene Launches MAK Token, Marking New Era in Web3 Gaming

September 6th, 2024 5:00 PM
By: Newsworthy Staff

MetaCene, a leading Web3 gaming platform, has launched its governance token MAK following $17 million in funding. This development signifies a major step in the evolution of decentralized gaming, combining traditional MMORPG elements with blockchain technology.

MetaCene Launches MAK Token, Marking New Era in Web3 Gaming

MetaCene, a rising star in the Web3 gaming industry, has officially launched its governance token, MAK, on major cryptocurrency exchanges. This milestone comes after the company secured a total of $17 million in funding across multiple rounds, solidifying its position as a formidable player in the decentralized gaming space.

The launch of MAK, which began trading on September 5th, represents a significant expansion of MetaCene's ecosystem and community. As a participant in the BNB Chain Incubation Program Season 6, MetaCene has demonstrated its potential to revolutionize the gaming industry by merging traditional MMORPG elements with blockchain technology.

Founded by the former CEO of Shanda Games, a NASDAQ-listed gaming giant, MetaCene brings a wealth of experience in creating engaging, sustainable virtual economies. This expertise is crucial in developing a Web3 MMORPG that can attract and retain a global player base.

The platform's innovative approach has not gone unnoticed by investors. The $17 million in funding comes from a diverse group of backers, including prominent industry leaders, Web3 investment institutions, gaming brands, and high-profile individual investors. This financial support underscores the confidence in MetaCene's vision for the future of decentralized gaming.

One of MetaCene's groundbreaking innovations is CARRY, described as the world's first ServerFi product. CARRY allows players to earn MAK rewards and gain access to key server rights within the MetaCene platform, adding significant utility to the token. This feature aligns with the concept of ServerFi, a novel iteration of private server economy that has proven crucial for customized player experiences and game lifespan extension in popular MMOs like World of Warcraft and GTA5.

The platform's growth has been impressive, with its ongoing Gold Rush Season attracting 42,000 active users and showing a 780% increase in total player accounts from the second Alpha test. The game's payment rate has more than doubled, rising from 12% to 31%, generating over $1 million in revenue and more than $3 million in cumulative transaction volume.

According to research by Delphi Digital, MetaCene's current daily active user statistics place it around the 40th rank among the most played MMORPGs on Steam, despite still being in early access. This achievement highlights the platform's potential to disrupt the Web3 gaming landscape while building on a rich Web2 MMO heritage.

The MAK token serves multiple purposes within the MetaCene ecosystem. It acts as a governance token, allowing holders to participate in decision-making processes. Additionally, it functions as an in-game reward, incentivizing player engagement and contributing to the platform's player-driven economy.

As MetaCene continues to innovate and expand, the launch of the MAK token represents a pivotal moment for both investors and gamers. It opens up new opportunities for participation in the platform's growth and signals MetaCene's readiness to lead the next wave of decentralized gaming innovation.

The combination of MetaCene's experienced leadership, innovative features like CARRY, and the launch of the MAK token positions the platform at the forefront of the Web3 gaming revolution. As the lines between traditional gaming and blockchain technology continue to blur, MetaCene's progress will be closely watched by industry observers and enthusiasts alike.

Source Statement

This news article relied primarily on a press release disributed by BlockchainWire. You can read the source press release here,

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