What is Delabs Games (DELABS)?

Quick Facts

• Token: DELABS on BNB Smart Chain (BEP-20)
• Studio: Delabs Games, a subsidiary of 4:33 Creative Lab
• Founder: Former CEO of Nexon, Joonmo Kwon
• Total Funding: $17.2 million raised from Hashed, The Spartan Group, and TON Ventures
• Key Games: Rumble Racing Star, Boxing Star X, GIGACHADBAT, Ragnarok Libre
• Social Platforms: Integrated with LINE and Telegram
• Token Functions: In-game currency, governance, staking, and NFT marketplace

Introduction

Delabs Games is a Web3 gaming studio that brings well-known intellectual properties into blockchain-powered, mobile-first gaming experiences. The studio's philosophy is simple: use blockchain only where it genuinely improves the game. This 'fun-first' approach sets it apart from many Web3 projects that prioritize tokenomics over player experience.

At the center of the ecosystem is $DELABS, a platform-wide token that powers spending, staking, ownership, and progression across all Delabs-integrated titles.

History & Background

Delabs Games was founded by Joonmo Kwon, the former CEO of Nexon — one of the world's largest gaming companies. The studio operates under parent company 4:33 Creative Lab and has assembled a team of veterans from top gaming and Web3 projects.

The studio raised a total of $17.2 million across seed and Series A rounds. Funding was led by Hashed and supported by The Spartan Group, TON Ventures, Yield Guild Games, Merit Circle, Planetarium Labs, and Polygon. The DELABS token launched via IDO in the summer of 2025.

How Delabs Games Works

Delabs targets the mid-core gaming segment — games that are easy to pick up but reward deep engagement, progression, and social competition. Titles are deployed on social platforms like LINE and Telegram, meeting users where they already spend time rather than requiring them to download separate apps.

No crypto wallet is needed to start playing. Blockchain features like true asset ownership and token rewards are layered in gradually, making the transition to Web3 frictionless for traditional gamers.

The platform is built on BNB Chain, chosen for its low transaction fees, fast throughput, and large existing user base.

Tokenomics

$DELABS is the universal currency of the Delabs ecosystem. It is used for in-game purchases, NFT marketplace transactions, staking, and governance voting. The token's emission rate is dynamically managed across each game's lifecycle — from launch through maturity — to prevent inflation and keep economies healthy.

Vesting schedules are built into investor and team allocations to align long-term incentives across all stakeholders. A significant portion of tokens is reserved for community rewards, airdrops, and ecosystem incentives.

Ecosystem & Use Cases

The Delabs ecosystem spans multiple in-house games, all sharing the DELABS token economy:

• Rumble Racing Star — a mobile racing title
• Boxing Star X — a combat sports game integrated with Kaia blockchain via LINE
• GIGACHADBAT — an action title
• Ragnarok Libre — a Web3 RPG tied to the iconic Ragnarok IP

Connecting all games is the Adventure Pass, a cross-game NFT that unlocks benefits, progression boosts, and exclusive content across the platform.

Team, Governance & Community

The team is led by co-CEOs and draws talent from Nexon, Verse8, Planetarium Labs, and major gaming platforms. Advisors include founders of Yield Guild Games, SuperLayer Labs, Rally, and Forte.

Governance is token-based — DELABS holders can participate in ecosystem decisions. The community is active across Discord, Telegram, and Twitter, with regular AMAs hosted by the co-CEOs.

Advantages

• Proven gaming leadership — founded by former Nexon CEO with deep industry experience
• Fun-first design — blockchain enhances gameplay rather than replacing it
• Social platform reach — LINE and Telegram integrations tap into hundreds of millions of users
• Cross-game token utility — DELABS works across all current and future titles
• Strong institutional backing — $17.2M from top-tier Web3 and gaming investors

Risks & Challenges

• Web3 gaming adoption — mainstream gamers remain cautious about blockchain-based economies
• Execution risk — launching and maintaining multiple quality games simultaneously is challenging
• Token volatility — like most gaming tokens, DELABS is subject to significant price swings
• Regulatory uncertainty — global crypto regulations continue to evolve and could affect token mechanics
• Competition — the Web3 gaming space is crowded with well-funded rivals

Long-Term Vision

Delabs Games aims to become the most trusted and scalable Web3 gaming platform globally. The roadmap centers on expanding the game portfolio, deepening AI integration through its Verse8 engine, and growing its footprint across social platforms in high-engagement markets like Japan, Taiwan, Thailand, and the global Telegram community.

As more games and social loops are added to the platform, the DELABS token is designed to scale with them — growing its utility, deepening engagement, and accelerating value flow across the entire gaming economy.