# Mystic Moose

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mystic-moose

- Industry: Software
- Headquarters: Boston, US
- Website: www.planetmojo.io
- Total disclosed funding: $5M
- Latest round: Seed (Dec 22, 2021)
- Investors on record: 13

## About

Mystic Moose Inc. is a web3 gaming company that develops innovative gaming experiences, enabling players to have true ownership of in-game assets through decentralized platforms.Founded in 2021, Mystic Moose Inc. is based in Boston, US and operates within the web3 gaming ecosystem. The company was established by Mike Levine, who has a background in founding other companies. Mystic Moose Inc. has completed one funding round, raising USD 5.000 mn in a Seed round on December 22, 2021, led by Animoca Brands Corporation Limited, with participation from other investors such as AU21 Capital and Alameda Capital.Planet Mojo focuses on delivering engaging web3 gaming experiences that allow players to own digital assets. Their flagship product, Mojo Melee, is an auto chess battler that combines strategic gameplay with decentralized principles. Players can engage in battles, upgrade characters known as Mojos and Champions, and utilize various enhancements within the game. The MOJO token serves as the medium of exchange for in-game transactions, catering to audiences in North America, Europe, and Asia, where interest in blockchain gaming is increasing.Revenue for Mystic Moose Inc. comes from the sale of in-game assets and enhancements, primarily using the MOJO token. Players invest tokens to purchase upgrades, abilities, and gain entry into competitive events, creating a vibrant in-game marketplace. The company also explores revenue through partnerships and promotional events, focusing on sustainable user engagement and potential B2B collaborations.Following the recent Seed funding round of USD 5.000 mn on December 22, 2021, Mystic Moose Inc. plans to channel these resources into developing their gaming metaverse, Planet Mojo. The company aims to enhance product offerings and expand into new markets, specifically targeting regions with a growing interest in blockchain gaming by 2023. This strategic approach is designed to broaden their user base and reinforce their position within the web3 gaming landscape.

## Funding rounds

- Seed, Dec 22, 2021, $5M — Alameda Capital, Animoca Brands Corporation Limited, Courtside Ventures, Fourth Revolution Capital, Collab+Currency Management, Sfermion, Momentum 6, AU21 Capital, SkyVision Capital, Republic Crypto, HyperEdge, Polygon Studios, Spartan Group

## Investors

- Alameda Capital — Seed
- Animoca Brands Corporation Limited — Seed
- Courtside Ventures (https://capitalatlas.ai/funds/courtside-ventures) — Seed
- Fourth Revolution Capital (https://capitalatlas.ai/funds/fourth-revolution-capital) — Seed
- Collab+Currency Management (https://capitalatlas.ai/funds/collab-currency-management) — Seed
- Sfermion (https://capitalatlas.ai/funds/sfermion) — Seed
- Momentum 6 (https://capitalatlas.ai/funds/momentum-6) — Seed
- AU21 Capital (https://capitalatlas.ai/funds/au21-capital) — Seed
- SkyVision Capital (https://capitalatlas.ai/funds/skyvision-capital) — Seed
- Republic Crypto — Seed
- HyperEdge — Seed
- Polygon Studios (https://capitalatlas.ai/funds/polygon-studios) — Seed
- Spartan Group (https://capitalatlas.ai/funds/spartan-group) — Seed