Astro Space
The farm-to-steal mobile game to be launched on the Solana blockchain.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | N/A Valuation: $25.0m | ICO | |
| Total Funding | 000k | ||
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Astro Space, founded in 2022, is a Singapore-based company operating in the blockchain gaming sector. The company is developing a strategy-based, play-and-earn mobile game built on the Solana blockchain. The team behind the project includes veterans from the mobile gaming giant NEXON, who have experience with titles such as Dungeon Fighter, Kart Rider, and MapleStory.
The company's flagship product is "Astro Space," a "farm-to-steal" player-versus-player (PvP) mobile game. Set in an interplanetary system called the Dream Universe, the game allows players to build bases, create alliances, and engage in various quests. A core mechanic involves players battling each other to loot tokens. The primary in-game assets are Astrobot NFTs, which are required to complete quests and earn Astro Gems (ASG), the in-game currency. Players can then convert ASG into Astro Space Tokens (AST) to upgrade game elements or breed new Astrobot NFTs. The game is planned for release on both iOS and Android platforms.
Astro Space's business model is centered on the play-and-earn structure, common in the GameFi market. Revenue is generated through the initial sale of in-game NFT assets, like the Astrobot NFTs which began in April 2022. The company also plans to launch an in-app decentralized exchange and marketplace, which will enable players to buy, sell, and trade NFTs and other in-game items, likely generating transaction fees. In July 2022, Astro Space announced the initial closing of its pre-seed token funding round, achieving a valuation of $25 million. The funding round saw participation from several strategic investors, including Solana Ventures, Blocore, Infinity Ventures Crypto, and Planetarium Labs, as well as notable angel investors like Loi Luu, the CEO of Kyber Network.
Keywords: blockchain gaming, play-to-earn, NFT, mobile game, Solana, GameFi, crypto game, PvP, farm-to-steal, digital assets, decentralized exchange, virtual economy, Astro Gems, ASG, Astrobot NFTs, tokenomics, strategic gaming, in-game assets, metaverse, web3 gaming