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IdleStoneage

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Blockchain-based, play-to-earn, turn-based card game

New York City, United StatesConsumer Services
Valuation $100–250M Last recorded · 2022
Total funding $10–50M Disclosed equity funding
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About IdleStoneage

Idle Stoneage was a play-to-earn (P2E) game that combined a synthetic non-fungible token (NFT) concept with turn-based card gameplay. The game was developed for both web and mobile platforms and was deployed on the KuCoin Community Chain (KCC). The project's team was described as multicultural and cross-industry, with members from Spain, France, and Singapore who possessed experience in game development, operations, and blockchain smart contract development.

The core of the game revolved around players acquiring NFT characters called Heroes, which could be obtained through blind boxes or by purchasing them on an NFT marketplace. These Heroes, each with unique skills and attributes, were used in player-versus-environment (PVE) and player-versus-player (PVP) turn-based card battles to gain experience and compete for prizes. Players could level up, merge, and restore their Heroes to improve their combat effectiveness. The game was designed to be free-to-play, allowing new users to receive free starting Heroes.

The business model was centered on the GameFi space, enabling players to monetize their gaming time. Revenue streams included commissions from the in-game NFT marketplace where players traded Heroes and other items. The in-game economy was powered by two main tokens: SAX, the governance token, and Shell, a reward token. Players could earn these tokens by participating in battles, staking their NFTs or SAX tokens, providing liquidity, and engaging in the game's governance by voting on development decisions. In February 2022, Idle Stoneage announced the completion of a $25 million seed funding round led by KuCoin Ventures, with participation from other blockchain-focused venture capital firms such as Chain Capital and Conflux. The funds were intended for game development, supporting the in-game economy, and marketing efforts. However, the project has since been marked as inactive, with its official website no longer accessible and no on-chain activity detected for an extended period. PitchBook data also lists the company as "Out of Business" as of January 2024.

Source: Dealroom company data

At a glance

Status
Operational
Headquarters
New York City, United States
Open positions
None listed
Dealroom signal
20.7/100
Industry
Gaming
Sub-industry
Mobile Gaming
Sector
Consumer Services, Play-to-Earn
Business model
SaaS
Client focus
b2c

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC Feb 2022 $25M $100M Junli Capital · R8 Capital · Trade Coin VietNam · 3 Lions Capital ↗
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Growth signals

IdleStoneage website traffic

Latest recorded traffic for IdleStoneage is 160 monthly website visits, up 0% over the last three months.

Latest monthly visits160 3-month web change0%
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Investments and acquisitions

Capital deployed

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

Investors

7 investors on the cap table

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

Seed7 investors entered at this stage

  • Junli Capital
  • R8 Capital
  • Trade Coin VietNam
  • 3 Lions Capital
  • Conflux
  • Kucoin Ventures
  • Chain Capital
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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
🇺🇸 United States · New York City HQ
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Market sentiment

Posts on X, past 7 days

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

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