Core Loop is building a sandbox MMO that combines traditional MMO social and systems design with Web3 elements, including a player-driven economy, optional blockchain currencies, and selective use of NFTs. The game will be free-to-play and targeted for both mobile and PC to allow casual daytime play and deeper sessions on PC. The studio emphasizes community-led systems where players can take on roles like merchants, blacksmiths, or land barons that interact with the blockchain economy while core gameplay (adventuring, raiding) remains playable without blockchain interaction. Founders Vincenzo Alagna and Dan Chao are industry veterans and have grown the remote team to about 15 people, with plans to add roughly 10 more in the next six months. The company previously raised $2.4M when it launched and has now secured additional capital to fund development. Core Loop is developing a cross-platform MMO that emphasizes player cooperation and community-driven world progression, with an AI director to chain events and make the world responsive. The studio was formed around the start of the pandemic and incorporated in September. The founding team of four includes veterans Vincenzo Alagna and Dan Chao, who previously worked at Funzio, Gree, and MachineZone and on multibillion-dollar games. The company plans to operate remotely with team members in the U.S., Japan, and New Zealand and expects to grow the core staff to roughly ten people. Core Loop is building its own backend infrastructure, will outsource much of the art, and aims for a community‑based free-to-play model with less aggressive monetization than past mobile titles.

Total raised

$14M

Funding rounds

2

Latest round

Equity

Latest activity

Nov 2021