Mantisco

Mantisco is a game developer and publisher based in Seoul, South Korea, that was founded in 2017, initially as Quixote Gameworks. The company, led by CEO David Yoon, focuses on creating high-quality, action-oriented games and is transitioning from Web 2.0 to the Web3 space.

The company gained significant recognition with its title "Hunter's Arena: Legends," a 30-player PvP and PvE battle royale game. It made history as the first Korean game to be released simultaneously on both PlayStation 4 and PlayStation 5, achieving over 12 million downloads worldwide. This success established Mantisco's reputation in the global gaming market. Building on this momentum, the firm is developing Web3 titles that incorporate blockchain technology to offer players true ownership of in-game digital assets like characters, skins, and weapons.

In its pivot to Web3, Mantisco has partnered with Immutable X, a Layer 2 scaling solution for NFTs on Ethereum, to develop "Hunter's Arena: Rebirth." This upcoming title is a Web3 version of their successful battle royale, built with Unreal Engine 5. The collaboration with Immutable X enables gas-free and carbon-neutral transactions, enhancing the user experience. The business model for its Web3 games revolves around the sale and trade of these in-game NFT assets. Mantisco has also announced another AAA Web3 game, "The Wild West," and is developing a blockchain-based metaverse game called "Caribus" in a joint venture.

Keywords: Web3 gaming, blockchain games, NFT, battle royale, digital asset ownership, game developer, Unreal Engine 5, Hunter's Arena, Immutable X partner, play-and-own, PvP, PvE, Korean game developer, metaverse, AAA games, action RPG, console gaming, PC gaming, mobile games, digital collectibles