Ring Games

Ring Games Inc. is a game development studio headquartered in Seoul, South Korea, established in 2019. The company was founded by core developers from the team behind the global hit mobile RPG 'King's Raid,' a title that recorded over 10 million downloads and led to a successful IPO. The CEO is Jooho Yim (also cited as Jooho YUN). This background provides the team with substantial experience in creating character-driven, globally appealing role-playing games.

The firm operates in the blockchain and entertainment software industry, focusing on the development of Web3 games that integrate non-fungible tokens (NFTs). Its business model centers on creating free-to-play games that generate revenue through play-to-earn (P2E) mechanics and an in-game economy. Players can acquire, trade, and upgrade NFT-based assets like characters and equipment, creating a market-driven ecosystem. The company secures capital through venture funding, having raised a total of $6 million from investors including Animoca Brands, Planetarium, and KRUST UNIVERSE.

Ring Games' flagship product is 'Stella Fantasy,' a premium character-collectible NFT action RPG. Developed using Unreal Engine 4, the game features high-quality, anime-style 3D visuals and real-time action combat. Players explore the world of Verania, engaging in both player-versus-environment (PvE) and player-versus-player (PvP) combat through modes like Abyss Rifts and the Miracle Arena. The core gameplay loop involves collecting and enhancing over 20 distinct characters, which are held as NFTs. The in-game economy is powered by the $SFTY governance token, which players can earn and use for activities such as crafting high-grade gear and awakening character NFTs, thereby creating tangible value from their gameplay. The game is available on PC and via a mobile APK.

Keywords: blockchain gaming, play-to-earn, NFT RPG, Web3 games, Stella Fantasy, character collectible game, Unreal Engine 4, Animoca Brands, P2E, metaverse ecosystem, Jooho Yim, King's Raid developers, Korean game studio, crypto gaming, venture capital-backed, entertainment software, mobile RPG, PC gaming, virtual economy, digital assets, action RPG