MetaToken Raises $5 Million in Funding for Ethereum and TON-Based Game Project

IconCryptoNewsTerminal Staff29 May, 2024

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MetaToken Raises $5 Million in Funding for Ethereum and TON-Based Game Project

MetaToken Raises $5 Million in Funding for Ethereum and TON-Based Game Project MetaToken, a game project based on Ethereum (ETH) and the Telegram Open Network (TON), has raised $5 million in a recent funding round, according to Decrypt. The investors have not been disclosed yet. MetaToken is set to launch a presale of 1 billion MTK tokens on June 15 and a public sale on July 15. The project aims to create a new generation of blockchain-based games that are fun, engaging, and rewarding. MetaToken's game engine is based on the TON blockchain, which is designed for high-speed transactions and low fees. This makes it ideal for gaming applications, where fast and reliable transactions are essential. The project also features a unique tokenomics model that rewards players for their contributions to the ecosystem. Players can earn MTK tokens by playing games, completing quests, and participating in other activities. These tokens can then be used to purchase in-game items, upgrade characters, and participate in governance. With its innovative approach to blockchain gaming, MetaToken is poised to revolutionize the industry. The project's recent funding success is a testament to its potential, and investors are eagerly awaiting the launch of the token sale.