Jungle

Jungle

Verified

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$24—36m (Dealroom.co estimates Mar 2023.)
São Paulo São Paulo (HQ)
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Jungle is a pioneering web3 gaming studio focused on creating innovative, blockchain-enabled mobile games. The company is dedicated to pushing the boundaries of the gaming industry by integrating blockchain technology, which allows for secure, transparent, and decentralized gaming experiences. Jungle's mission is to unlock the power of play for the new internet, aiming to revolutionize how games are developed, played, and monetized.

Jungle primarily serves tech-savvy gamers who are interested in the latest advancements in gaming technology, particularly those who are enthusiastic about blockchain and web3. These clients are typically early adopters who are keen on exploring new gaming paradigms that offer more control, ownership, and transparency.

Operating in the rapidly growing web3 gaming market, Jungle is positioned at the intersection of mobile gaming and blockchain technology. This market is characterized by its potential for high growth, driven by increasing interest in decentralized applications and digital ownership.

Jungle's business model revolves around developing and publishing hybrid games that are both mobile-first and blockchain-enabled. The company generates revenue through multiple streams, including in-game purchases, premium game sales, and potentially through the sale of unique digital assets or NFTs (non-fungible tokens). These NFTs can offer players exclusive in-game items, characters, or other digital assets that can be bought, sold, or traded on blockchain platforms.

The company is backed by a group of angel investors, including notable names such as Adrian Pang, Chris Goncalves, Christian Manea, Joe Mahon, Mario Augusto Sa, Kieran Warwick, and Ray Jang. This strong financial backing provides Jungle with the resources needed to innovate and grow in the competitive gaming market.

In summary, Jungle is a forward-thinking gaming studio that leverages blockchain technology to create unique gaming experiences. It serves a niche market of tech-savvy gamers and generates revenue through in-game purchases and digital asset sales.

Keywords: web3 gaming, blockchain, mobile games, decentralized, NFTs, digital assets, innovation, tech-savvy gamers, hybrid games, angel investors.