Crypto:
36638
Bitcoin:
$91.347
% 2.37
BTC Dominance:
%58.7
% 0.02
Market Cap:
$3.13 T
% 1.20
Fear & Greed:
28 / 100
Bitcoin:
$ 91.347
BTC Dominance:
% 58.7
Market Cap:
$3.13 T

What is Delabs Games (DELABS)? Web3 Gaming Ecosystem

Delabs Games is a Web3 gaming platform that transforms established Web2 IPs into mobile-first, socially integrated, and blockchain-supported midcore games. The platform prioritizes engaging gameplay and retains players through token-driven systems. At the center of the ecosystem is the $DELABS token, which powers spending, staking, ownership, and progression within games. Delabs demonstrates that fun and sustainable token economies can grow together. 

Team and Founders

Delabs Games was founded by former Nexon CEO Joonmo Kwon, a serial game entrepreneur with over six box-office hits and two KOSDAQ-listed game companies. 

  • Gwisung Yang (CTO): Oversees blockchain infrastructure and technical innovation. 
  • Wise Kim (Marketing Director): Manages brand strategy and community engagement. 
  • Quinn Kwon (Strategy Director): Leads corporate strategy and global expansion. 

Co-CEO JC, founder of Verse8, joins to bring AI-powered gaming experiences. His technical leadership shapes player experiences at the intersection of blockchain and AI. 

Investors and Partnerships 

Delabs Games is financially strong, backed by prominent investors: Hashed, Spartan Group, Polygon Labs, Beam, Planetarium Labs, TON Ventures, IVC, YGG, Everyrealm, Taisu Ventures, Arche Fund, Jets Capital, and KILOFUND. 

Partnerships: Delabs collaborates with global Web3 gaming guilds like Yield Guild Games and integrates its games into major messaging platforms such as Telegram and LINE to reach broader audiences. 

Project Concept 

Delabs Games aims to bring Web2 gaming IPs into Web3, providing players with true ownership, progression, and earning mechanisms. The platform focuses on midcore games with proven retention and earning loops rather than speculative content. Social platform integration accelerates mass adoption. 

How It Works 

Delabs offers a modular infrastructure for identity, progression, and asset management across games: 

  • Platform Wallet (Wallet-as-a-Service): Easy account management and key recovery via social login. 
  • Token & Asset Management: Handles in-game tokens and assets. 
  • Delabs ID & Reputation: Portable identity and reputation across games. 
  • Platform Marketplace: Buying and selling in-game items and tokens. 
  • Staking & Reward System: Earn rewards by staking tokens. 
  • This setup allows players to seamlessly switch between games while creating value within the ecosystem. 

Game Portfolio 

  • Boxing Star X: PvP Web3 boxing game playable on Telegram. 
  • Ragnarok Libre: Idle RPG inspired by classic Ragnarok Online. 
  • Rumble Racing Star: Cartoon-style racing game integrating NFT PFPs. 
  • GIGA CHAD BAT: Mini-game on Telegram focused on leaderboard competition. 

Ecosystem & Technical Infrastructure 

  • Cyclical Economy Model: Players collect, use, and generate assets for fun and rewards. 
  • Midcore Games: Quick access via Telegram and LINE. 
  • NFT & Token Economy: Delabs Adventure Pass, Delabs Libre Pass, Delabs Star Badges. 
  • Cross-Chain Compatibility: Ethereum, Arbitrum, and TON support. 
  • Delabs ID System: Single identity and reputation for all games. 
  • Engagement Level System: Rewards active players, prevents bot abuse. 
  • Platform Marketplace & Token Management: In-game asset trading and staking. 
  • Community & Social System: Friend and guild events via Buggy Fam. 
  • Security & Sustainability: Audited, immutable smart contracts, minimized central risks. 

Governance 

The Delabs Foundation, a non-profit, oversees ecosystem governance: 

  • Management of $DELABS tokens 
  • Fair resource distribution 
  • Collaboration with game developers and projects 
  • Long-term governance will transition to the community, allowing token holders to influence decisions. 

Roadmap 

  • Q4 2024: Platform launch & Ragnarok pre-registration 
  • Q1 2025: Ragnarok release 
  • Q2 2025: $GAME token introduction 
  • Q3 2025: Boxing Star release 

Token Utilities 

  • Rewards: Earned via participation and contributions. 
  • Payment: For in-game items, NFTs, and other content. 
  • Staking: Lock tokens to earn rewards. 
  • DAO Governance: Community participation in decisions. 

Token Details 

  • Token Name: DELABS 
  • Platform: Web3 gaming ecosystem 
  • Total Supply: 3 billion DELABS 
  • Circulating Supply: 750,300,000 DELABS 
  • Use Cases: Payment, staking, governance, rewards 

Token Distribution 

  • Airdrop & Community Rewards: 32% 
  • Ecosystem Development: 23% 
  • Investors: 20% 
  • Team: 17% 
  • Advisors: 5% 
  • Strategic Investors: 3% 

Features 

  • Modular platform for identity, progression, and assets 
  • Token-driven economy with $DELABS for rewards, payment, and governance 
  • Secure and compliant with audited, immutable smart contracts 
  • Community governance via Delabs Foundation 
  • Cross-chain and AI integration 

Official Links 

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