SuperGaming Raises $20 Million

The SUP Foundation, a new initiative backed by gaming company SuperGaming, officially came out of stealth just yesterday. With its launch, the foundation announced plans to bring more than 200 million lifetime players on-chain. The transition is scheduled to begin this fall and is part of a broader strategy to integrate blockchain into their gaming ecosystem in a meaningful and scalable way.

This move follows a February announcement that SuperGaming would be developing its own dedicated GameChain. The chain is being built in partnership with B3, a company known for developing on-chain infrastructure and currently building “the open app layer3 on Base.” GameChain is specifically designed for gaming use cases and will enable SuperGaming to move its player base on-chain while supporting the ownership and trading of in-game assets. This marks a significant evolution in the studio’s approach to game publishing and player engagement.

SuperGaming Raises $20 Million

SuperGaming Raises $20 Million

SuperGaming is a self-published studio with a focus on India, where it has developed and published games across various genres. The studio has built a strong user base through successful mobile titles, including Maskgun, which has surpassed 100 million downloads, and Tower Conquest with more than 25 million downloads. Other notable games include Silly Royale with 20 million downloads, Battle Stars with 10 million, and Indus, which has reached 8 million downloads to date.

Founded by Roby John, a Y-Combinator Winter 2012 alum, SuperGaming has steadily grown into one of India’s most recognized game studios. Before founding SuperGaming, John created "Tap to Learn," a set of interactive educational apps. Today, SuperGaming operates with a team of approximately 150 to 200 employees and has raised around $20 million through multiple funding rounds. The studio generates an estimated $40 million in annual revenue, making it a significant player in the regional gaming space.

SuperGaming Raises $20 Million

Strategic Advisors and Crypto Expansion Plans

To guide its move into web3, SuperGaming has brought on two lead advisors, Dith and Haitzu. Both advisors are also co-founders of Pylon Capital, a newly formed advisory and investment firm focused on go-to-market and growth strategies. Pylon Capital has announced the SUP Foundation and Mythical Games as its flagship partners. Their role will be central in shaping SuperGaming's transition to on-chain gaming and ensuring its success within a rapidly evolving ecosystem.

As part of its entry into the crypto space, SuperGaming is preparing to release a digital asset collection called the Lotus Vault. The collection is expected to launch within the next two weeks and is intended to support early engagement from the community and players. This release represents SuperGaming's first concrete step in bringing its games and assets onto blockchain infrastructure.

SuperGaming Raises $20 Million

Challenges and Opportunities in Web3 Gaming

While the transition from traditional mobile gaming to web3 presents significant opportunities, it also comes with known challenges. Several established studios, such as Voodoo and Homa Games, have previously experimented with blockchain integration but failed to build lasting products in the space. Their limited success highlights the gap between web2 popularity and sustained web3 traction.

Despite this precedent, SuperGaming's deliberate strategy, combined with experienced advisors and a tailored blockchain platform in GameChain, suggests a different trajectory. With a strong foundation in gaming, a sizable player base, and a focused regional strategy, the SUP Foundation is positioning itself to bring a large number of users into the web3 ecosystem through practical and scalable solutions.