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Phantom Galaxies
Open-world sci-fi action RPG with blockchain assets
About Phantom Galaxies
Phantom Galaxies is a free-to-play, third-person action RPG that merges the genres of open-world space simulation and fast-paced mech shooter. The game is developed by Blowfish Studios, a subsidiary of Animoca Brands. Players pilot transforming mechanized starfighters, which can switch between a starship and a combat mech, to battle pirate factions and alien species in a narrative-driven adventure.
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The game is the creation of Blowfish Studios, a Sydney-based developer and publisher founded in 2008 by Benjamin Lee and Aaron Grove. Lee, with a background in computer systems engineering and 3D graphics, serves as Managing Director, while Grove, an award-winning visual effects supervisor, is the Creative Director. Blowfish Studios started by developing games for the iOS App Store and grew into a multiplatform developer and publisher. In July 2021, the studio was acquired by Animoca Brands, a company specializing in blockchain gaming and digital entertainment, for approximately US$6.6 million upfront with potential performance-based payments. This acquisition was intended to merge Blowfish's game development expertise with Animoca's blockchain capabilities.
Phantom Galaxies integrates optional blockchain elements, operating on the Polygon network. Players can own in-game assets such as starfighters, avatars, and even planets as NFTs, allowing for true digital ownership and trading in the game's marketplace. The business model is free-to-play, but the company generates revenue through these NFT sales and in-game item purchases. A private sale of planet NFTs in May 2022 raised US$19.3 million from investors including Sequoia China, Polygon Ventures, and Dapper Labs. The game offers various gameplay modes, including a main story campaign, side quests, multiplayer PvP battles, and PvE bounties. Players can choose from four distinct starfighter classes (Assault, Lancer, Buster, and Breacher) and customize them with a wide range of weapons and gear.
Latest news
Press, funding announcements and product moves mentioning Phantom Galaxies.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | May 2022 | $19M | $77M | Kingsway Capital · Double Peak · Yield Guild Games Southeast Asia · Liberty City Ventures | ↗ |
Growth signals
Latest recorded traffic for Phantom Galaxies is 1K monthly website visits, up 16.3% over the last three months.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later7 investors entered at this stage
Kingsway Capital
Double Peak
Yield Guild Games Southeast Asia
Liberty City Ventures
Dapper Labs
Polygon
Avocado Guild
Other known investors2 additional known investors
SMO Capital
The Spartan Group
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Phantom Galaxies 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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