
Second World Games
Mobile-first, free-to-play, fully on-chain gaming studio.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
* | $3.0m | ICO | |
Total Funding | 000k |
Second World Games is a game studio focused on developing mobile-first, free-to-play games that integrate blockchain technology to enhance player ownership and engagement. Founded in 2021 by Carlos Cameo and Íñigo Cavestany, the company is headquartered in Spain. The founders' paths converged over a decade before establishing the company in 2022, with a shared mission to prioritize high-quality gameplay over the speculative aspects often seen in Web3 ventures. Cameo has a background in tech entrepreneurship, having developed his first game at 14, while Cavestany was a top-ranked competitive gamer in Spain before working with blockchain and AI at IBM.
The company's business model was developed as a reaction to first-generation "Play to Earn" games, aiming to create sustainable models based on multiple revenue streams rather than relying solely on token marketing. Revenue is generated through in-game purchases, which are primarily made in FIAT currency or other liquid tokens, following a "Pay to Fast" model rather than "Pay to Win". Additionally, the studio collects a 10% fee on transactions within its in-game marketplace. Second World Games has secured funding through a €1.50M Seed Round on January 5, 2023, and a $3 million token presale in June 2024, with notable investors including Volpex CEO Paul Saliba and Bit2Me CEO Koh Onozawa.
The studio's flagship titles include "Second World: New Era," a city-building strategy game, and "Ball Guys: Furry Road," a casual racing game. These games are designed to provide an enjoyable experience for traditional gamers (Web2) while seamlessly integrating Web3 elements like real asset ownership. The company utilizes a multi-token system, with its governance token, $SWIO, linking the studio's performance to the token's value and allowing players to purchase assets and earn rewards. Second World Games has partnered with Polygon and Immutable X to leverage their blockchain technology for improved scalability and a superior gaming experience.
Keywords: mobile gaming, blockchain gaming, Web3, free-to-play, player-owned economy, on-chain gaming, city-building games, strategy games, game studio, play-and-earn, NFT, crypto gaming, Carlos Cameo, Íñigo Cavestany, Second World: New Era, Ball Guys, SWIO token, Polygon, Immutable X, metaverse