Delabs Games

Delabs Games

AI-powered Web3 gaming platform with player-owned economies.

HQ location
Seoul, South Korea
Website
Launch date
Employees
Enterprise value
$21—31m
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Delabs Games is a Web3 game development studio founded in 2022 by Joonmo Kwon, the former CEO of Nexon with over 25 years of experience in the global gaming industry. The company, a subsidiary of 4:33 Creative Lab, aims to bridge traditional gaming with Web3 by creating high-quality, free-to-play games that are accessible to all players, regardless of their familiarity with blockchain technology. A key focus is on building a sustainable player-owned economy where in-game assets are valuable, tradable digital assets, fostering greater player engagement and community participation.

The company has raised $17.2 million in total funding, with its latest Series A round securing $5.2 million, led by investors like Hashed, The Spartan Group, and TON Ventures. This capital is being used to develop AI-powered Web3 games through its proprietary platform, Verse8, which simplifies game creation using AI and blockchain. The leadership team expanded in July 2025 with the appointment of JC Kim, a blockchain gaming expert from Planetarium Labs, as co-CEO to spearhead AI-driven game development, while Joonmo Kwon focuses on global strategy.

Delabs Games' portfolio includes a variety of genres to attract a broad audience. Titles include the kart-racing game "Rumble Racing Star," the survival RPG "Space Frontier," and the anime-style RPG "Metabolts." Other games in their ecosystem are "Boxing Star X," "GIGACHADBAT," and "Ragnarok Libre." These games are connected through a shared economy powered by the $DELABS token and the Delabs Adventure Pass NFT, which offers holders exclusive benefits across the ecosystem. The business model centers on creating a unified platform where the DELABS token serves as a universal currency for in-game purchases, staking, and governance, allowing players to have a say in the platform's future.

Keywords: Web3 gaming, blockchain games, player-owned economy, AI game development, Joonmo Kwon, NFT games, free-to-play, Rumble Racing Star, Space Frontier, Metabolts, $DELABS token, Delabs Adventure Pass, Verse8, GameFi, play-and-earn, decentralized gaming, digital assets, crypto gaming, mobile games, PC games

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