New Studio Core Loop Raises $12 Million To Build Blockchain Sandbox MMO

Focuses on community, with players taking one of several roles in the world.

Jason Winter
By Jason Winter, News Editor November 8, 2021
Share:

Core Loop Game

It's a new week, so that must mean that another blockchain MMO is in the works. This one comes from new game studio Core Loop, which has raised $12 million to develop "a sandbox massively multiplayer online game using blockchain technology," as reported by VentureBeat's Dean Takahashi.

Created by a pair of mobile-game veterans, Core Loop's game didn't originally have blockchain as part of its concept, but its addition was cited as a reason why the latest round of funding came through. "We think it can work and it does feel like adds a lot to the game. It doesn’t take away from the game," said co-founder Dan Chao, ostensibly with a straight face.

As with many startups looking to draw people away from more established titles from bigger studios, Core Loop promises a focus on community for its game, letting players take the place of AI merchants and also allowing them the opportunity to choose not only their class but their role in the world, with the listed possibilities including story writers, warriors, merchants, and leaders.

The game will be free-to-play, and "players will be able to go on adventures and kill monsters without ever experiencing any blockchain." Obviously, if you really want to build your wealth, you'll need to interact with those aspects, which doesn't sound that far off from what games like Entropia Universe and Second Life have been doing for over a decade. Venture capitalists never got so excited about those games, however.

You can learn more about Core Loop and its MMO ventures on the company's website.

Share:
Got a news tip? Contact us directly here!

About the Author

Jason Winter
Jason Winter, News Editor
Jason Winter is a veteran gaming journalist, he brings a wide range of experience to MMOBomb, including two years with Beckett Media where he served as the editor of the leading gaming magazine Massive Online Gamer. He has also written professionally for several gaming websites.

Discussion (1)

Flintstone 3 weeks ago
There is stopping it obviously,
This point though just shows the greed , true colour.
I invest in it that's it.
I do not want play games with blockchains even though there are probably loads of game titles littered secretly with them already. a player would not know.especially all mobile uses who grab apps, hit accept. & do not understand what they just did.
I do believe we are becoming dumber. lol
Gambling is not gaming.


You May Enjoy

EverQuest And EverQuest II Launch Their Expansions In Early December

EverQuest And EverQuest II Launch Their Expansions In Early December

If you haven’t pre-ordered your copies yet, you’re going to want to get on it.

By QuintLyn Bowers - 1 week ago
Fortnite’s Latest Season Turns The Players' World Upside Down As A Web-slinger Jumps In

Fortnite’s Latest Season Turns The Players' World Upside Down As A Web-slinger Jumps In

Look at that...Fortnite got Spider-Man at almost the same time Avengers did...

By QuintLyn Bowers - 46 minutes ago
Smite Announces 2022 Community And Content Creator Cups

Smite Announces 2022 Community And Content Creator Cups

Community cup signups are open to everyone.

By QuintLyn Bowers - 1 week ago
New World Gets Public Test Realm But Proposed Gearing Changes Rankle Players

New World Gets Public Test Realm But Proposed Gearing Changes Rankle Players

Winter festival coming with patch release in December.

By Jason Winter - 2 days ago
Explore The Forests Of Ionia With Ava In Legends Of Runeterra’s Next Update

Explore The Forests Of Ionia With Ava In Legends Of Runeterra’s Next Update

Riot teases more magic misadventures.

By QuintLyn Bowers - 6 days ago
Final Fantasy XIV: Endwalker Patch Notes Detail Everything You Need To Know Before Friday's Launch

Final Fantasy XIV: Endwalker Patch Notes Detail Everything You Need To Know Before Friday's Launch

There's also a handy guide for navigating with a controller for PlayStation users.

By Jason Winter - 4 days ago
See More
Live Giveaways