Spellfire logo — The magical world of Spellfire is waiting for you. Apply for...

Spellfire

The magical world of Spellfire is waiting for you. Apply for citizenship and prepare for the battle with the dark wizard

Founded 2019 Lithuania Lithuania 3 employees Seed Total: $3.80M Blockchain, Gaming

General Information

Company Name Spellfire
Founded Year 2019
Location Lithuania Lithuania
Employees 3
Industries Blockchain, Gaming
Funding Stage Seed
Social

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About Spellfire

Spellfire is a blockchain-integrated gaming startup based in Lithuania, founded in 2019. The company has recently secured a $3.80M Seed Round investment on 6th October 2021 from a notable group of investors including Genblock Capital, X21 Digital, DAO Maker, BullPerks, Faculty Group, Autonomy, IBA, International Blockchain Consulting, and Terranova ventures. Spellfire, known for its slogan "The magical world of Spellfire is waiting for you. Apply for citizenship and prepare for the battle with the dark wizard", has a rich history dating back to 1994. It has encountered challenges in the past, including acquisition by the company behind Magic: the Gathering, and subsequently faced difficulties due to strict rules and lack of corporate support, leading to a decline in its player base. However, 2021 marks the revival of Spellfire as it re-emerges with a new vision, integrating blockchain technology and a crypto token economy, offering NFT cards and a refreshed gaming experience across all platforms. This pivot demonstrates a strategic shift in line with the growing trends in the blockchain and gaming industries, positioning Spellfire for potential success in the evolving market.

Business keywords: Spellfire, CCG, Magic: the Gathering, Wizards of the Coast, Blockchain integrated game, Crypto token economy, NFT cards, Ethereum, Card game, Gaming community, Fan-based sets, Community-driven, Rebirth, Revitalization, Old school gaming

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $3.80M 9
Genblock Capital, Maven Capital +7
06 Oct 2021

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FAQ About Spellfire

The magical world of Spellfire is waiting for you. Apply for citizenship and prepare for the battle with the dark wizard
Spellfire was founded in 2019.
Spellfire is headquartered in Lithuania.
Spellfire operates in Blockchain and Gaming. Its work centres on Spellfire, CCG, Magic: the Gathering and Wizards of the Coast.
Spellfire has approximately 3 employees.
Spellfire has completed 1 funding round, raising a total of $3.80M. The latest funding stage is Seed.
Top alternatives and competitors to Spellfire include Zartu Games , PlayZap Games, Gaia Everworld. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Spellfire and Zartu Games are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Spellfire, https://bouncewatch.com/company/spellfire, updated 12 September 2024. When citing, please name BounceWatch and link this page.

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