Revolving Games develops Node Network to scale gaming ecosystem in collaboration with Animoca Brands
5 August 2024 - Revolving Games (RG), a pioneering publisher in decentralized gaming and digital ownership, today announced a collaboration with Animoca Brands. Revolving Games is creating a scalable, gamer-governed economy that leverages the power of Web3, advised by Animoca Brands and in partnership with the RCADE Foundation. Animoca Brands will leverage its expertise and resources to help expand the RCADE ecosystem.
Saad Zaeem, co-founder and co-CEO of Revolving Games, commented: “We believe being early and adopting blockchain technology gives us the upper hand in Web3, and collaborating with Animoca Brands allows us to tap into the experience of a major Web3 pioneer. Early adoption can offer a buffer in a rapidly changing industry, allowing us to learn and execute as the market matures and becomes more data driven.”
Backed by over US$37 million in venture funding from notable investors including Animoca Brands, Pantera Capital, Polygon, and Rockstar Games co-founder Dan Houser, Revolving Games is poised to redefine the future of gaming by fusing decentralized infrastructure in the form of the RCADE Chain, Node Network, and $RCADE token to scale its multigenre gaming ecosystem.
Revolving Games has established two international gaming studios and a 150+ team that has collectively generated revenues exceeding US$3 billion in mobile gaming. The company is developing a decentralized infrastructure poised to launch four internal games and ten additional AAA titles in the next 36 months.
This includes the Skyborne franchise’s upcoming mobile game Phoenix Flight, set to open for early access in Q4. Phoenix Flight is RG’s first flagship game to onboard mainstream users into its scalable-by-design gaming ecosystem, underpinned by the RCADE Foundation’s Node Network. Revolving Games aims to onboard mainstream users via compelling gameplay reinforced by a community-driven decentralized infrastructure and the interoperable RCADE Token.
Yat Siu, co-founder and executive chairman of Animoca Brands, said: “While the majority of Web3 games remain largely excluded from mainstream distribution channels, the team behind Revolving Games has a proven track record in designing, developing, and launching games that have captivated mass audiences. We look forward to the expansion of Revolving Games’ IP ecosystem and its onboarding of mainstream users into Web3.”
Revolving Games will launch its first Node Sale this month. Holders of Nexus Node and RG Byte NFTs will be eligible to claim their nodes by staking their NFTs. Revolving Games will allow select communities to purchase Scout Nodes in an exclusive node pre-sale ahead of the public node sale at a later date.
Ammar Zaeem, co-founder and co-CEO of Revolving Games, said: “With every game added to the Revolving Games ecosystem, we not only attract new users via compelling IP and gameplay, but we also create greater demand for the decentralized services our node operators provide. This circular gaming ecosystem and economy allow crypto and non-crypto natives alike to seamlessly play the games they love on-chain while owning the digital assets they accrue for time and skill invested, all underpinned by a community-operated node network. Lastly, a single interoperable token (RCADE Token) allows users to move in-game assets between games, as well as allowing third-party games to build on the RCADE chain. A win-win for gamers and game developers.”
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Notes to the editor
Media images can be found here. For further information please contact the Revolving Games press office: callum@revolvinggames.com.
About Animoca Brands
Animoca Brands (ACN: 122 921 813), a Deloitte Tech Fast winner, a Fortune Crypto 40 company, one of the Top 50 Blockchain Game Companies 2024, and one of the Financial Times’ High Growth Companies Asia-Pacific 2023, is a Web3 leader that leverages blockchain to deliver digital property rights to consumers around the world to help to establish the open metaverse. The company develops and publishes a broad portfolio of products including original games such as The Sandbox, PHANTOM GALAXIES™, Life Beyond, and Crazy Defense Heroes, and products utilizing popular intellectual properties from the worlds of sports and entertainment, such as The Walking Dead, Power Rangers, MotoGP™, and Formula E. It has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Animoca Brands Japan, Grease Monkey Games, Eden Games, Darewise Entertainment, Notre Game, TinyTap, SPORTPASS, PIXELYNX, WePlay Media, Gryfyn, and Azarus. Animoca Brands is one of the most active investors in Web3, with a portfolio of over 540 Web3 investments, both directly and through Animoca Ventures, including Yuga Labs, Axie Infinity, Polygon, Consensys, Magic Eden, Fireblocks, OpenSea, Dapper Labs, Yield Guild Games, and many more. For more information visit www.animocabrands.com or follow on X (Twitter), YouTube, Instagram, LinkedIn, Facebook, and TikTok.
About Revolving Games
Revolving Games (RG) is a AAA Web3 blockchain gaming company that is developing cutting-edge technology to create scalable Play-and-Earn gaming experiences through a connected Metaverse. RG’s mission is powering decentralized Player-Owned trading economies with a focus on seriously fun and lasting gameplay. The team consists of industry veterans who have built multiple critically and commercially successful social games that have generated collectively over $2.6B in lifetime revenue. RG is partnered with and backed by some of the most iconic Web3 companies that include Pantera Capital, Animoca Brands, Polygon, Dapper Labs, Permanens Capital Partners, and others. For more information visit https://revolvinggames.com or follow on Twitter or Discord.
About RCADE Foundation
The RCADE Foundation is a decentralized gaming network upheld by nodes and a single interoperable token, $RCADE. The RCADE Foundation fuses cutting-edge technology to facilitate scaling IP-driven gaming ecosystems. Powered by four ecosystem pillars, the $RCADE Token, RCADE Chain, RCADE Nodes, and Gaming Partnerships. The RCADE Foundation facilitates a harmonious gaming network that is powered by the community and governed by gamers. The 'RCADE Chain' will be home to a distributed network of user nodes, enhancing the game-gamer relationship via a circular economy. RCADE Nodes allow gamers to operate a plug-and-play node application that provides critical gaming infrastructure for the games they love. Gaming partnerships will drive onboarding opportunities via extensive IPs playable across multiple devices, led by Revolving Games, a games publisher backed by the RCADE Foundation.