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Age of Tanks

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A military strategic metaverse game where players can earn rewards by competing in pve and pvp battles

Singapore
Valuation $100–250M Last recorded · 2021
Total funding $10–50M Disclosed equity funding
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About Age of Tanks

Age of Tanks is a 3D turn-based strategy card game built on the BNB Smart Chain, set within an immersive metaverse. The game was developed by Defination Studio, a blockchain-focused gaming startup co-founded by Jackson Neo and Maestro Sim in August 2021. It was launched in 2021 and draws inspiration from successful titles like Hearthstone and Axie Infinity, aiming to merge traditional gaming with play-to-earn blockchain models.

The game's narrative is set in the year 23100 on "Planet Earth Zero," a post-apocalyptic world where the ozone layer is gone and oceans have become deserts. In this desolate landscape, survivors battle for supremacy using powerful armored vehicles. Players assemble teams of tanks, which are minted as NFTs, to engage in strategic player-versus-player (PvP) and player-versus-environment (PvE) battles. The core gameplay revolves around outwitting opponents through tactical decisions and team building.

The business model centers on its native utility token, $A.O.T, which underpins the in-game economy. Revenue is generated through various in-game activities. Players use $A.O.T tokens to mint new tank NFTs, forge tank parts, and make purchases in the marketplace. The platform also features a play-to-earn mechanism, allowing gamers to earn $A.O.T by winning battles, achieving high seasonal rankings, and selling NFT assets. Additionally, the model includes DeFi elements such as staking, where token holders can earn a percentage of game revenues as rewards. The $A.O.T token also serves a governance function, empowering players to vote on key decisions about the game's future development.

Source: Dealroom company data

At a glance

Status
Operational
Headquarters
Singapore
Open positions
None listed
Dealroom signal
12.4/100
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Dec 2021 $21M $84M Avstar · LucidBlue Ventures · WeBlock · Bluewheel Capital ↗
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Growth signals

Age of Tanks website traffic

Latest recorded traffic for Age of Tanks is 4.3K monthly website visits, down 96.9% over the last three months.

Latest monthly visits4.3K 3-month web change-96.9%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

15 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A12 investors entered at this stage

  • Avstar
  • LucidBlue Ventures
  • WeBlock
  • Bluewheel Capital
  • MH Ventures
  • Step Venture Capital
  • Good Games Guild
  • Red Swiss Venture Capital
  • Conflux Chain
  • Shima Capital
  • UniX
  • Atesis Capital

Other known investors3 additional known investors

  • Chronos Ventures
  • Pluto Digital
  • Pluto Digital PLC
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Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇸🇬 Singapore HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Age of Tanks on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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