Aether Games
Aether Games is a privately held game studio developing Cards of Eternity: The Wheel of Time, a licensed digital trading card game, alongside the $AEG token, NFT, staking, and cross-chain bridge ecosystem on Polygon, serving gaming, fantasy-fandom, and Web3 audiences.
- Company typePrivate
- Founded2020
- HeadquartersSheridan, United States
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What Aether Games does
Aether Games is a privately held game development, publishing, and animation studio headquartered in Sheridan, Wyoming, with its primary legal entity, Aether Forge Ltd., incorporated in the Bahamas. Founded in 2021, the company operates with 11-50 employees and is best known for Cards of Eternity: The Wheel of Time, an officially licensed digital trading card game set in Robert Jordan's Wheel of Time fantasy universe, distributed across Steam, Epic Games Store, HyperPlay, and Ultra. The studio is structured around four creative functions — game development, animation, world-building, and transmedia storytelling — with an additional Series Development arm intended to extend its IPs into non-interactive media.
The company's technology stack is built on the Polygon blockchain, with a proprietary $AEG utility token that is listed on ByBit, KuCoin, Gate.io, and Uniswap. The token economy is supported by an in-house cross-chain bridge (Aether Bridge), a staking module, a vesting schedule, an NFT minting tool (Aether Mint), and a social/gamified questing system (Aether Quests) that distributes Aes Sedai Gems. Ethernals — digital creature NFTs — and a UGC submission program round out the on-platform monetization surfaces.
Aether Games monetizes through a combination of free-to-play game distribution with optional in-game purchases, token transaction activity on centralized and decentralized exchanges, and NFT minting/secondary trading. Its primary customer segments are gaming enthusiasts, Wheel of Time franchise fans, and Web3/crypto-native gamers, with community-driven growth executed through Discord (100K+ members), Telegram, YouTube, X, Instagram, Facebook, and TikTok. The company has raised $4.5 million in token and equity funding (May 2023, led by Shapes Ventures) and is pursuing a transmedia strategy with the original Aether Saga universe as a second IP beyond the licensed Wheel of Time franchise.
Aether Games firmographics
Firmographics- Name
- Aether Games
- Legal name
- Aether Forge Ltd.
- Website
- https://aethergames.io
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Aether Games is a privately held game studio developing Cards of Eternity: The Wheel of Time, a licensed digital trading card game, alongside the $AEG token, NFT, staking, and cross-chain bridge ecosystem on Polygon, serving gaming, fantasy-fandom, and Web3 audiences.
- Ownership category
- akta.pro rank
Aether Games industry classification
Industry- Product category
- Digital Card Games
- NAICS
- Amusement Arcades (71312), Securities and Commodity Exchanges (523210)
- SIC
- Services-Miscellaneous Amusement & Recreation (7990), Finance Services (6199)
- akta.pro primary industry
- Web3/Blockchain Game Studios (MPAFAAAO)
- akta.pro secondary industries
- Blockchain Game Studios & Game Development (FSAPAGAC), GameFi Economies & Token Systems (tokens, staking, sinks/sources, inflation control) (FSAPAGAG), Gaming NFTs & In-Game Asset Marketplaces (FSADANAF), On-Chain Game Engines & Developer Tooling (SDKs, APIs, Unity/Unreal plugins) (FSAPAGAB)
Keywords
Where Aether Games is headquartered
LocationHeadquarters
- HQ city
- Sheridan
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Aether Games business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Token Trading: The $AEG token is tradable on multiple exchanges including ByBit, KuCoin, Gate.io, and Uniswap, generating revenue through token transactions and potential token burns.
- Gaming Products: Revenue from game sales and in-game purchases across Cards of Eternity: The Wheel of Time, distributed through Steam, Epic Games, HyperPlay, and Ultra platforms.
- NFT/Digital Collectibles: Digital card collectibles and creature NFTs (Ethernals) traded within the ecosystem, including minting functionality.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free-to-play base with optional in-game purchases |
Go-to-market motion2 records
Distribution channels8 records
Marketing channels6 records
Aether Games product offering
Product offeringCore offering
Aether Games is a game development and publishing studio that builds and sells Cards of Eternity: The Wheel of Time, an officially licensed digital trading card game set in Robert Jordan's Wheel of Time universe. The studio operates a Web3-enabled gaming ecosystem built on the Polygon blockchain, supported by the native $AEG cryptocurrency token (tradable on ByBit, KuCoin, Gate.io, and Uniswap), in-game digital collectibles (NFTs/Ethernals), and a transmedia universe spanning games, animation, and series.
Product overview
Aether Games is a gaming studio crafting immersive digital experiences with deep strategy, stunning visuals, and rich storytelling. The company's portfolio centers on Cards of Eternity: The Wheel of Time as its flagship officially licensed digital trading card game set in Robert Jordan's universe. Supporting the core game is the $AEG Token ecosystem with staking, bridging, and vesting modules. Additional offerings include Aether Quests for social and gameplay rewards, UGC Submission for community content, and Aether Mint for NFT minting. The Aether Saga represents their transmedia initiative blending Norse mythology with interactive entertainment, while Aether Creatures provides collectible digital creatures. The company operates across multiple gaming platforms (Steam, Epic Games, HyperPlay, Ultra) and maintains dedicated teams for animation, world-building, and series development.
Differentiator
Problem solved
Functional benefit
Brands
- Cards of Eternity: The Wheel of Time: Officially licensed digital trading card game set in Robert Jordan's legendary universe, featuring immersive digital experiences with deep strategy, stunning visuals, and rich storytelling.
Products and services
- Cards of Eternity: The Wheel of Time
Companies that use Aether Games
Customer profileSegments3 records
Ideal customer profiles1 record
Aether Games technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Aether Games partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core.
- SteamcoreSteam is the primary distribution platform for Cards of Eternity: The Wheel of Time, providing access to over 1 billion registered users on the world's largest PC gaming marketplace.
- Epic GamescoreEpic Games Store serves as an alternative distribution channel for Cards of Eternity, leveraging Epic's ecosystem of gamers and developer tools.
- HyperPlaycoreHyperPlay is a Web3 gaming platform that provides blockchain-native distribution for Cards of Eternity, enabling Web3 features and crypto-native gamer access.
- UltracoreUltra is a Web3 gaming platform that distributes Cards of Eternity to its blockchain gaming ecosystem, complementing other Web3 platform presence.
- ByBitcoreByBit is a top-tier centralized cryptocurrency exchange listing the $AEG token for trading, providing liquidity and access to crypto traders.
- KuCoincoreKuCoin is a centralized cryptocurrency exchange listing the $AEG token for trading, expanding token accessibility to its user base of millions of crypto traders.
- Gate.iocoreGate.io is a centralized cryptocurrency exchange listing the $AEG token for trading, providing additional exchange listing visibility.
- UniswapcoreUniswap is a leading decentralized exchange (DEX) on Ethereum/Polygon enabling permissionless $AEG token trading for DeFi users.
Scale indicators1 record
Recent moves6 records
Expansion highlights7 records
Aether Games competitors and assessment
Company assessmentDirect peers
- The Sandbox: Decentralized voxel gaming metaverse with SAND token and NFT asset economy. Comparable as a large-scale Web3 game platform with token, NFT, and creator-led content flywheel.
- Decentraland: Decentralized virtual world with MANA token and NFT land economy. Comparable as a tokenized, community-driven Web3 gaming/entertainment platform with marketplace mechanics.
- Sky Mavis (Axie Infinity): Creator of Axie Infinity, the most well-known Web3 play-and-earn gaming ecosystem. Directly comparable as a blockchain-based game studio with token economies, NFT assets, and a similar focus on community-driven growth.
- Immutable: Web3 gaming infrastructure provider (Immutable zkEVM, Immutable X) and publisher of strategy/card-style games such as Gods Unchained. Highly comparable as a blockchain game studio + tooling platform with a flagship trading card game.
- Gala Games: Web3 game studio and platform with a multi-game portfolio and GALA token economy. Comparable as a blockchain gaming ecosystem operating multiple titles under a tokenized incentive model.
- Ultra: Web3 game distribution platform and tokenized game launcher. Both partner and direct peer — Ultra distributes Cards of Eternity and also publishes/operates competing on-chain titles.
- HyperPlay: Web3-native game launcher and distribution platform. Distribution partner for Cards of Eternity and a direct peer in the on-chain game storefront category.
Emerging players
- Magic Eden: Leading multi-chain NFT marketplace that has expanded into Web3 game distribution and launchpad services. An Aether investor and direct peer in NFT/GameFi marketplace and launch infrastructure.
- Enjin: Blockchain gaming infrastructure (Enjin, Efinity) and NFT ecosystem for games. Comparable as tooling/enablement layer for studios building tokenized in-game assets, including card-style collectibles.
Broad incumbents
- Polygon Labs: Layer-2 Ethereum scaling network on which Cards of Eternity is built. A direct ecosystem enabler and Aether investor; comparable as infrastructure underpinning Aether's on-chain game economy.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Aether Games social profiles
Digital presenceAether Games financial estimates
Financial estimateRevenue estimate
Valuation estimate
Aether Games leadership team
Management profileNumber of profiles
Profiles1 record
Aether Games funding detail
Funding detailFunding overview
Funding rounds1 record
Investors12 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Aether Games M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Aether Games
What does Aether Games do?
Aether Games is a game development and publishing studio that builds and sells Cards of Eternity: The Wheel of Time, an officially licensed digital trading card game set in Robert Jordan's Wheel of Time universe. The studio operates a Web3-enabled gaming ecosystem built on the Polygon blockchain, supported by the native $AEG cryptocurrency token (tradable on ByBit, KuCoin, Gate.io, and Uniswap), in-game digital collectibles (NFTs/Ethernals), and a transmedia universe spanning games, animation, and series.
Is Aether Games a public or private company?
Aether Games is a private company. It is classified as venture growth investor backed and is currently operating.
When was Aether Games founded?
Aether Games was founded in 2020. It employs 11 to 50 people.
Where is Aether Games based?
Aether Games is headquartered in Sheridan, United States, in the North America region.
How does Aether Games make money?
Three revenue lines are on record. Token Trading is the primary driver. The others are gaming Products and NFT/Digital Collectibles.
Who are Aether Games's main competitors?
Direct peers on record are The Sandbox, Decentraland, Sky Mavis (Axie Infinity), Immutable, Gala Games, Ultra and HyperPlay. Emerging players are Magic Eden and Enjin. Polygon Labs is listed as a broad incumbent.
Does Aether Games have an API?
No public API is recorded for Aether Games.
What industry is Aether Games in?
Aether Games's product category is Digital Card Games. Its primary akta.pro industry code is MPAFAAAO, Web3/Blockchain Game Studios, with a secondary code of FSAPAGAC, Blockchain Game Studios & Game Development. Its NAICS code is 71312 and its SIC code is 7990.