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Cryptocurrency News Articles
DOS Labs Raises $2.45 Million for MetaDOS, a Revolutionary Battle Royale Game
Apr 04, 2024 at 12:00 am
MetaDOS, a pioneering battle royale game from DOS Labs, has secured $2.45 million in funding led by Kangaroo Capital, AZA Ventures, and other industry leaders. The investment fuels the development and launch of MetaDOS, which merges battle royale gameplay with a "Time-as-currency" concept and empowers players through blockchain technology. The alpha version is live on Steam, with the official launch scheduled for May, marking a significant milestone for DOS Labs in revolutionizing the gaming landscape.
DOS Labs Secures $2.45 Million Funding for Revolutionary Battle Royale Game, MetaDOS
Singapore, March 28, 2023 - DOS Labs, the esteemed developer and publisher behind the highly anticipated battle royale game MetaDOS, has successfully raised $2.45 million in funding. This significant investment round was led by a consortium of renowned venture capital firms, including Kangaroo Capital, AZA Ventures, Brainbox, GD10 Capital, and Avalon Wealth Club.
The capital infusion will propel the development and impending launch of MetaDOS, a groundbreaking gaming experience that seamlessly integrates the adrenaline-pumping gameplay of battle royale with a novel "Time-as-currency" concept. The alpha version of MetaDOS is currently available on Steam, with the official game launch scheduled for May.
Anh Le, COO and Co-Founder of DOS Labs, shed light on the genesis of MetaDOS: "Our journey commenced twelve years ago with Captain Strike, the first mobile shooting game that amassed an impressive one million users within two months. Inspired by Counter-Strike, it laid the foundation for our expertise. In 2017, we pioneered Bullet Strike, one of the world's earliest mobile battle royale games. Now, with MetaDOS, we are pushing the boundaries of innovation by operating exclusively on the blockchain."
MetaDOS introduces groundbreaking features that empower players to collectively shape the game's destiny. By leveraging blockchain technology, players retain ownership of their in-game items and currencies, transcending the limitations of conventional gaming ecosystems.
MetaDOS spearheads a cosmetics-centered economy, where collectibles such as skins, takedown animations, music packs, and artworks enhance player experiences without compromising game balance. The platform collaborates with leading esports organizations to host captivating tournaments.
Unlike conventional Web3 games that rely heavily on NFTs, MetaDOS ingeniously combines the best aspects of Web2 and Web3 revenue models. By bridging the gap, the platform fosters sustainable monetization strategies that extend beyond fleeting trends.
Concurrently, DOS Labs is developing DOS Chain, an Avalanche Subnet, to offer players a seamless, zero-gas-fee experience. With near-instant transaction finality, MetaDOS becomes accessible to both Web2 and Web3 enthusiasts.
The MetaDOS team boasts an impressive roster of industry veterans, including former talent from renowned video game development companies. These seasoned developers have collectively contributed to over 100 popular gaming franchises, garnering more than one billion downloads worldwide.
Anh Le emphasized the unwavering commitment to quality and user experience: "DOS Labs is forging DOS (Decentralized Operating System) not only for players but also for game developers venturing into the Web3 realm. Our mission is to democratize blockchain gaming."
With investors steadfastly supporting the project for over two years, Anh and Co-Founder and CEO Quang are poised to propel MetaDOS across multiple platforms, including PC, mobile, and consoles, ushering in a paradigm shift in battle royale gaming.
About DOS Labs:
DOS Labs is a trailblazing game development studio dedicated to revolutionizing the gaming industry through the transformative power of blockchain technology. With MetaDOS as its flagship project, DOS Labs aims to empower players, foster innovation, and redefine the gaming landscape.
For media inquiries, please contact:
Twitter: @metados_game
Discord: https://discord.gg/metados
Telegram: https://t.me/metadosgame
YouTube: https://www.youtube.com/channel/UCEW9iueK1Lh4-e1h83h-nVw
PR and Media Contact:
Contact Person: Anh Le
Email: [email protected]
Website: metados.com
PR Media Contact: The Journal-Wire
Email: [email protected]
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