Blockchain Gaming World

Animoca's Nasdaq listing plan, Spider Tanks reborn, Moonfrost goes web2 and IMX is fully liquid.

• [0:24] Animoca Brands has announced a reverse merger to get a Nasdaq listing.
• [4:25] It's started the process to merge with tiny Nasdaq listed company Currenc.
• [6:03] Currenc shareholders will get 5% of the new company. Animoca's 95%.
• [7:58] There's no official valuation for Animoca, but it's likely somewhere between $3-4 billion.
• [11:30] But the entire process will take 9-12 months, so Animoca won't be listed until late 2026.
• [14:16] Moonfrost has gone pure web2 but is also launching web3 degen platform Frost Arcade.
• [22:30] Immutable's IMX is the first major gaming token to become 100% circulating.
• [25:18] The Sandbox has committed to be majority UGC-focused in 2026.
• [30:45] Spider Tanks is being rebooted on Immutable, with early access from 8th December.

Jon talks to Pixels CEO Luke Barwikowski about how he still believes play-to-earn rewards are a viable marketing mechanic.

• [2:09] 'This is probably the worst market sentiment I've seen in the space.'
• [5:40] 'Without speculation, you have to build something that's fundamentally sound. That's hard.'
• [7:50] 'In early 2024, Pixels was loved. People were making money. But we weren't making money.'
• [8:39] '1% of our players were taking 50% of the rewards.'
• [9:51] After recent changes, Pixels has generated a Return On Reward Spend greater than 1.
• [12:25] 'I think over time, Play-to-Earn becomes more of a loyalty or a cash-back system.'
• [14:00] 'We've noticed crypto is very off-putting for normal users. Robux or V-Bucks are more
• [20:45] The spend-only vPIXEL token has been surprisingly effective when used correctly.
• [23:45] Pixels Chapter 3 introduces Unions, which are factions for competitive gameplay.
• [27:13] 'The issue with web3 gaming isn't fidelity, it's figuring out the economics.'
• [27:53] 'We did $20 million in revenue in 2024. 2025 will be less but it's more sustainable.'
• [29:41] Why Pixels has launched new social tamagotchi app Chubkins. (Currently only US.)
• [30:05] 'We're not going to emphasis crypto, but we will emphasis rewards, including crypto cash-out.'
• [33:50] Pixels also plans to launch a standalone rewards app in 2026.

Wemade launched Legend of Ymir, Mythical integrated World Chain, Pixels launched Chapter 3 and Yuga's Otherside goes live on 12th November.

• [0:30] Wemade has launched its latest web3-enabled MMORPG Legend of Ymir on PC and mobile.
• [2:10] Wemade previously tried to add blockchain to casual mobile games. It didn't work.
• [3:24] Legend of Ymir is the result of Wemade's experience over its previous web3 games.
• [4:50] Ten game servers have been auctioned to be run by guilds etc.
• [5:50] It's more combat-focused than Night Crows, but still with a lot of idle gameplay.
• [8:09] Wemade as become more nuaunced in how it's combining web2 and web3 elements.
• [10:07] Cambria has raised $2 million from Bitkraft, Sky Mavis and various angels.
• [16:03] The Mythos blockchain is integrating World via the launch of an L3 on World Chain.
• [19:38] One advantage is this gives the Polkadot parachain EVM compatibility for the first time.
• [23:34] Yuga Labs' Otherside will finally go live on 12th November with the Koda Nexus hub.
• [31:13] Pixels has launched Chapter 3 including an new lightweight social competition layer.

Jon's been asking What's Working For Web3 Gaming? at Zebu Live conference.

• [0:27] It's been London Blockchain Week and Jon has been at Zebu Live 2025.
• [2:06] He moderated a panel about What's Working In Web3 Gaming?
• [4:08] Panellists including Koko from Mighty Bear Games and Russell from Metacade.
• [5:58] We've moved from blockchain games to crypto games, with the emphasis on "crypto gainz".
• [7:00] ICP-based MMORPG Dragginz has gone into "hiberation".
• [12:30] YGG Play's LOL Land has now done $5.5 million in revenue.
• [12:59] The key issue for most blockchain game companies is doing what you need to make money.
• [14:10] The comparison is EVE Frontier, MapleStory Universe etc - big onchain gaming ecosystems.
• [16:51] Wildcard has launched into early access on Steam: it's a web2 game with a web3 ecosystem.
• [22:56] Jon's been enjoying playing RavenIdle.

Discussing Mythical Games integrating Worldcoin, MapleStory going multichain, Legend of Ymir's launch plus Sorare and EVE Frontier changing chains.

• [0:18] Mythical Games is about to close a new funding round, including from Worldcoin.
• [1:37] The reason we know this is happening is from a press release from DAT outfit Eightco.
• [4:44] Eightco has raised $270 million to buy Worldcoin tokens, also investing in Mythical Games.
• [7:40] MapleStory Universe is going multichain thanks to Chainlink integration.
• [10:50] Projects focused on UGC want to be as open and accessible as
• [11:26] Wemix's PC/mobile MMORPG Legend of Ymir goes live on 28th October.
• [14:38] One interesting web3 aspect of the game is the ability to own and run your own servers.
• [17:30] Wemix has successfully switched from a quantity to quality-led focus on blockchain games.
• [18:59] Moku saw $5 million allocated in a no-loss raffle pre-sale for its Grand Arena AI game.
• [23:02] Sorare has moved from StarkEx to Solana.
• [26:04] EVE Frontier is moving to the Sui blockchain.
• [27:10] It was using an EVM testnet but decided Sui's object-oriented structure was a better fit.
• [31:37] Does it matter which blockchain a game choses to build on?

Talking SANDchain, Pudgy Party hits 1 million installs, KGeN raises $13.5M and Proof of Play.

• [0:25] The big announcement is SANDchain; a Patreon-type rewards platform for creators.
• [1:25] It's more to do with providing extra utility for SAND token than for The Sandbox platform itself.
• [5:10] Verified creators can use SANDchain to take a loan to invest in their business.
• [7:01] Some creators will also be able to launch their own memecoins.
• [8:05] It feels like a smorgasbord of current blockchain trends. But will anyone actually use it?
• [9:44] Pudgy Party has hit 1 million mobile downloads and Mythos chain has also hit an ATH.
• [13:03] But the MYTH token is at a (near) ATL.
• [14:58] Web3 rewards platform KGeN has raised $13.5 million taking total funding to $43.5 million.
• [15:56] It started out as an Indian guild but is now a global platform with 66 million MAUs.
• [17:32] It verifies all its users across 5 categories, giving them an overall reputation score.
• [22:07] One thing to be aware of is KGeN's current users are being incentivized by a future airdrop.
• [24:29] South Korean web2/3 game item marketplace Overtake has launched its beta on Sui.
• [28:01] The continuing fall out from Pirate Nation's shutdown and the $50 burn price for its NFTs.
• 33:10 Proof of Play is now working on a new mobile game.
• [34:53] It's also generated $500,000 in two months from its Proof of Play Arcade on Abstract.

News including Axie Infinity: Atia's Legacy, Craft World era 3.1 and Off The Grid's mainnet tmigration.

• [1:00] Axie Infinity: Atia's Legacy has launched its first 7-day playtest.
• [2:10] It's an MMOG that in part builds on the Axie Infinity: Homeland farming/trading game.
• [3:33] Jon thought the initial plans laid out for the game were a little sketchy.
• [8:16] Comparing the iterative approach of Pixels to whether Atia's Legacy needs a stronger direction.
• [10:12] Atia's Legacy probably won't be properly released until 2027. It's a big project.
• [11:10] Jon thinks it's likely that blockchain games need to be more onchain and collaborative.
• [15:42] Resource idle game Craft World announced its Era 3.1 roadmap.
• [18:15] Its challenge is building longterm interest from a simple idle mechanic.
• [19:30] Additions include new land requiring new assets and blueprints, and new base assets.
• [21:55] RavenQuest's idle game RavenIdle launches on 11th October.
• [28:05] Gunzilla has started the mainnet migration for EU-based PC players of Off The Grid.
• [32:06] Jon guestimates Off The Grid's active playerbase.
• [34:03] Gunzilla's official numbers are 300,000 accounts migrated to mainnet.
• [36:03] Immutable's (part) pivot from a gaming blockchain into a general games marketing channel.
• [37:34] All this week's drama around Pirate Nation and its $50 NFT burn offer.
• [39:05] Blockchain games' fundamental issue - divorcing real value assets from speculation.
• [42:18] Despite all the complains, Pirate Nation NFTs were free and holders got +$1,000 of tokens.
• [48:08] Jon's confession - he burnt his Pirate Nation NFT by mistake and so had to buy another one.techn

Jon Jordan and Jenny Jordan talk through the week's news including:

• [0:44] This week, we asked our Mavens group about the rise of sustainable degen games.
• [2:00] Originally, this type of game was more about crypto than blockchain.
• [3:25] YGG is now calling this genre "casual degen" games.
• [4:40] These experiences start with a thin layer of gaming and a lot of high risk-high reward features.
• [7:30] You can often get 1,000 players into these games but how do you keep them
• [10:05] A lot of these games are launching on the Abstract blockchain.
• [13:00] Degen isn't a negative terms, at least not all the time.
• [13:25] Gigaverse has been going for 200 days, generating $5.5 million in revenue.
• [16:30] It's also building out its ecosystem with third party devs in the Gigaverse Hub.
• [19:39] YGG Play is publishing Gigachadbat on Abstract.
• [24:00] The Sandbox has announced Alpha 6 Season with Cirque du Soleil on 24th September.
• [27:45] The problem is The Sandbox hasn't got product-market-fit, esp. compared to Roblox.
• [29:55] It now needs to focus on creators, probably including the ability to launch tokens.
• [31:32] Off The Grid is starting to migrating EU-based PC players to the Gunz' mainnet.

Jon Jordan and Jenny Jordan talk through the week's news including:

• [1:05] There's a wider focus on general crypto with ETFs, treasury companies etc. Not gaming.
• [3:51] Web2 game Wildcard and its Thousand web3 ecosystem is gearing up for its October launch.
• [5:10] Wildcard has just surpassed 75,000 wishlists on Steam.
• [9:04] Details about ownership of in-game character cards has been released, including rev share.
• [11:05] The WC token has been released but it's airlocked into wallets so it's hard to get a price for it.
• [12:40] People will also be able to buy game arenas, but they would be very expensive.
• [16:10] Jon's theory of blockchain games operating in a battle royale-style shrinking area.
• [18:10] Pudgy Party has done 500,000 downloads within 2 weeks.
• [19:57] The Pudgy Party Power Pudgy NFT skin now has a floor price of $3,300.
• [21:27] Adam Weitsman has acquired the HV-MTL NFT collection from Faraway Games.

Jon Jordan and Jenny Jordan talk through the week's news including:

• [1:18] Looking at the most popular blockchain games, we can start to see some trends for 2025.
• [1:42] Axie Infinity and Aliens Worlds have been very stable throughout 2025.
• [4:17] Games such as Pixels and Nine Chronicles have decline sharply as they rethink their vision.
• [6:00] MapleStory Universe is the big growth story of the year so far - c. 70,000 DAUWs.
• [8:41] Craft World has launched its first mainnet collab with Ronkeverse.
• [15:16] Gigaverse has raised $2.3 million to build out open world gameplay.
• [16:55] We're seeing a rise of degen-focused onchain games. Niche but generating revenue.
• [20:42] LOL Land is a good example. It's basically an onchain lottery but generated $1.5 million.
• [22:15] Similar are RWA platforms for Pokemon cards like Courtyard. $125 million of trading in August.
• [27:10] Animoca has announced MocaPortfolio, which will be rewarding $20 million to stakers.
• [28:43] This is part of a wider narrative for Animoca to boost the MOCA token around a possible IPO.
• [32:33] Stakers will burn their staked points to get various free tokens. The first is Magic Eden's ME.
• [34:01] How is Mythical Games doing with its three mobile games now live?
• [35:06] This is in contrast to the trend towards more niche, onchain degen-focused games.