Wanderers
A metaverse platform.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $2.0m | Seed | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
Related Content
Wanderers is a Web3-native science fiction media brand operating under the legal entity WanderLabs. The company was founded in 2021 by motion designer Nick Greenawalt, along with Emerald Cheung and Jenna Greenfield. Greenawalt, who now serves as an advisor, initially began selling NFTs on SuperRare and was encouraged to create a full collection. He assembled a team of writers, musicians, and developers through platforms like Reddit and Instagram to build out the intellectual property. Interestingly, the team collaborated remotely and had already achieved millions in NFT sales before ever meeting in person.
The company's core business revolves around creating an expansive sci-fi universe, the "Wanderverse," which is experienced through multiple media formats including NFTs, games, music, and lore. Its primary revenue stream is the sale of NFTs, which grant holders access to this evolving ecosystem. The brand has generated over $17.5 million in NFT trading volume and sold more than $4.9 million worth of NFTs. In November 2022, Wanderers secured $2 million in a seed funding round led by prominent Web3 investors Animoca Brands and GameFi Ventures. This capital is being used to expand the brand's IP and to develop a video game in partnership with Blowfish Studios, which is slated for release in 2024.
The main product is an action rogue-lite adventure game set within the Wanderverse. The game features procedurally generated planets, ensuring each playthrough offers new challenges, enemies, and rewards. A key feature is the strategic deck-building element called the RAM (Random Access Memories) system, where players select upgrades before each run to tailor their tactical approach. These RAM packs are available as tradable NFTs, creating a player-driven economy. Beyond the game, the company has also released short films, such as "The Wanderers: Genesis," to build out the backstory of its characters and universe.
Keywords: Wanderers, WanderLabs, Web3, NFT, metaverse, blockchain gaming, sci-fi media, digital collectibles, Nick Greenawalt, Animoca Brands, GameFi Ventures, rogue-lite, procedural generation, deck-building game, crypto game, Wanderverse, play-to-earn, NFT marketplace, digital IP, multimedia brand