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Planet Mojo initially developed a blockchain gaming metaverse on Polygon, offering play-and-earn experiences with NFT game characters in titles like Mojo Melee. The company has since pivoted, discontinuing its game operations to focus on MovieFlo.AI, signaling a shift toward AI-driven technology for content creation.
The company was founded by gaming veterans Michael Levine and Ralph Gerth, both with over 25 years of experience including LucasArts. Their insight into blockchain's potential for player asset ownership, sparked during a VR project, led to Planet Mojo's inception, blending gaming expertise with decentralized tech.
Originally envisioning a community-driven Web3 gaming ecosystem focused on digital ownership, Planet Mojo's vision now centers on innovating within the film or video creation sector through artificial intelligence. This pivot indicates a forward-looking strategy to apply its technological capabilities to an emerging creative market.
Planet Mojo has raised $5.0M across 1 funding round.
Planet Mojo has raised $5.0M in total across 1 funding round.
Planet Mojo is a technology company developing an interoperable Web3 gaming ecosystem centered on a mysterious alien planet where players engage in competitive Player vs Player (PvP) games featuring mythical creatures called Mojos. It offers a suite of eSports-style games with a deep narrative, integrating blockchain technology to enable players to own in-game assets as NFTs and participate in the project’s governance. The platform targets gamers interested in immersive, narrative-driven experiences combined with Web3 ownership and play-to-earn mechanics. Planet Mojo is gaining momentum through collaborations with established toy company WowWee and backing from major Web3 investors like Animoca Brands, aiming to bridge physical and digital play through connected toys and digital collectibles[1][2][3].
Planet Mojo was created by Mystic Moose, an indie game studio founded in 2021 by industry veterans including Mike Levine, who has over two decades of experience blending physical and digital play in award-winning products. The idea emerged from a desire to build a sustainable Web3 gaming metaverse that combines storytelling, competitive gameplay, and player ownership. Early traction includes the launch of games like Agents of Poker and Mojo Melee, and a strategic partnership with WowWee to create physical toys linked to the digital ecosystem, enhancing player engagement and expanding the brand beyond gaming[1][2].
Planet Mojo rides the growing trend of Web3 gaming, where blockchain technology enables true digital ownership and new economic models like play-to-earn and play-and-earn. The timing is favorable as the gaming industry increasingly embraces NFTs and interoperable metaverses, while consumer interest in blending physical and digital experiences grows. By integrating toys with blockchain collectibles, Planet Mojo influences the convergence of gaming, collectibles, and Web3, pushing the boundaries of interactive entertainment and player empowerment. Its ecosystem contributes to the maturation of blockchain gaming by focusing on sustainability, narrative depth, and community governance[1][2][3].
Planet Mojo is poised to expand its gaming portfolio and physical product line, deepening player engagement through innovative Web3 mechanics and cross-platform interoperability. Future trends shaping its journey include the rise of AI in gaming, enhanced metaverse experiences, and broader adoption of blockchain-based digital ownership. As it scales, Planet Mojo’s influence may grow beyond gaming into entertainment and collectibles, setting new standards for how players interact with digital worlds and assets. Its success will depend on maintaining a vibrant community, evolving gameplay, and seamless integration between physical and digital realms[1][2][3].
Planet Mojo has raised $5.0M in total across 1 funding round.
Planet Mojo's investors include Animoca Brands, Alameda Research, AU21 Capital, Collab+Currency, Courtside Ventures, Fourth Revolution Capital, Hyperedge, Momentum6, Polygon Studios, Republic, Sfermion, SkyVision Capital.
Planet Mojo has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Seed in December 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2021 | $5.0M Seed | Animoca Brands | Alameda Research, AU21 Capital, Collab+Currency, Courtside Ventures, Fourth Revolution Capital, Hyperedge, Momentum6, Polygon Studios, Republic, Sfermion, SkyVision Capital, Spartan Capital |