Forgotten Playland
Forgotten Playland is a Web3 social game developer (operating as Vermilion Studios Limited, Gibraltar) that builds Party Edition, a multiplayer party game featuring customizable PlushKyn characters and competitive mini-games, distributed via Steam and rewarding players with an FP token on the Beam blockchain network.
- Company typePrivate
- Founded2023
- HeadquartersGibraltar, Gibraltar
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
What Forgotten Playland does
Forgotten Playland is a Web3 social game developer operated by Vermilion Studios Limited, a private company incorporated in Gibraltar (founded 2023, 1-10 employees). The company builds Forgotten Playland: Party Edition, a social party game in which players control customizable PlushKyn characters and compete in multiple mini-games — including Bump-A-Ball (knock-off-platform combat) and Jungle Rumble (jungle obstacle survival) — within themed hub areas such as The Attic, Space Disco, Jungle Camp, and Beach Bar. The game distributes globally via the Steam marketplace and is positioned for casual gamers and social gaming enthusiasts seeking playful multiplayer experiences with character customization.
The product's technical architecture combines a traditional party game engine with a Web3 layer built on the Beam blockchain network. Players can personalize PlushKyn characters with accessories and cosmetics (including limited-edition and ultra-rare items) and can earn the Forgotten Playland (FP) cryptographic token through gameplay, interacting with platform smart contracts via non-custodial wallets. The company operates a product-led go-to-market motion centered on Steam wishlisting and a website mailing list, with community engagement through the Web3 gaming ecosystem.
Forgotten Playland's revenue model comprises three streams: one-time game sales via Steam, virtual items and cosmetics sales, and transaction-based FP token economics on the Beam network. The company is venture-backed, having closed a $7 million seed funding round in January 2024 with Spartan Group, Merit Circle, C2 Ventures, and Paper Ventures — all Web3-native investors — to support development and launch. No public revenue figures, named enterprise customers, or AI/ML capabilities are disclosed in the available data.
Forgotten Playland firmographics
Firmographics- Name
- Forgotten Playland
- Legal name
- Vermilion Studios Limited
- Website
- https://forgottenplayland.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Forgotten Playland is a Web3 social game developer (operating as Vermilion Studios Limited, Gibraltar) that builds Party Edition, a multiplayer party game featuring customizable PlushKyn characters and competitive mini-games, distributed via Steam and rewarding players with an FP token on the Beam blockchain network.
- Ownership category
- akta.pro rank
Forgotten Playland industry classification
Industry- Product category
- Web3 Social Party Gaming
- NAICS
- Amusement Arcades (71312)
- SIC
- Services-Miscellaneous Amusement & Recreation (7990)
- akta.pro primary industry
- Web3/Blockchain Game Studios (MPAFAAAO)
- akta.pro secondary industries
- Play-to-Earn & Reward Platforms (questing, loyalty, airdrop mechanics) (FSAPAGAH), GameFi Economies & Token Systems (tokens, staking, sinks/sources, inflation control) (FSAPAGAG), Virtual Worlds & Social Sandbox Experiences (persistent social spaces) (MPAFAIAG)
Keywords
Where Forgotten Playland is headquartered
LocationHeadquarters
- HQ city
- Gibraltar
- HQ country
- Gibraltar
Offices1 record
Markets served
Forgotten Playland business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Virtual Items and Cosmetics: Sale of customizable PlushKyn accessories and cosmetics including limited-edition and ultra-rare items. Players can purchase these items to personalize their characters with various styles.
- FP Token Transactions: Cryptographic token used within the platform ecosystem. Users can earn rewards through gameplay which are distributed via smart contracts on the Beam network.
- Game Sales: Direct sales of Forgotten Playland: Party Edition through Steam marketplace distribution channel.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Forgotten Playland product offering
Product offeringCore offering
Forgotten Playland develops and distributes Forgotten Playland: Party Edition, a Web3-enabled social party game where players control customizable PlushKyn characters through competitive mini-games within a themed attic environment. The game features character customization with accessories and cosmetics, multiple themed social areas (Space Disco, Jungle Camp, Beach Bar), and mini-games including Bump-A-Ball and Jungle Rumble. Players can earn FP tokens via Beam network smart contracts as in-game rewards. The game is distributed through Steam.
Product overview
Forgotten Playland is a Web3 social gaming platform operated by Vermilion Studios Limited (Gibraltar). The core offering is Forgotten Playland: Party Edition, a social party game featuring the PlushKyn character system. Players access the game through The Attic hub, explore themed areas (Space Disco, Jungle Camp, Beach Bar), compete in mini-games (Bump-A-Ball, Jungle Rumble), and customize characters via the Customization Station. The platform integrates blockchain technology through the FP token on the Beam network, allowing players to earn cryptographic token rewards and interact with smart contracts via non-custodial wallets. The game is available on Steam.
Differentiator
Problem solved
Functional benefit
Brands
- Forgotten Playland: Party Edition: The main social party game featuring mini-games, customizable PlushKyn characters, and thematic areas like Attic, Space Disco, Jungle Camp, and Beach Bar.
Products and services
- Forgotten Playland: Party Edition A Web3 social party game where players control adorable PlushKyn characters through competitive mini-games within a cozy attic environment. Features multiple themed areas, character customization, and blockchain-based rewards. Distributed on Steam.
- Forgotten Playland (FP) Token
Companies that use Forgotten Playland
Customer profileSegments1 record
Ideal customer profiles1 record
Forgotten Playland technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature4 records
Forgotten Playland partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights5 records
Forgotten Playland competitors and assessment
Company assessmentDirect peers
- Star Atlas: Web3 space-themed multiplayer game with tokenized economies on Solana. Comparable as a Web3 game studio building thematic multiplayer experiences with token-driven player progression.
- Big Time Studios: Web3 multiplayer action RPG with cosmetic NFTs and play-and-own economy. Comparable as a venture-backed Web3 game studio distributing on Steam with tokenized player rewards.
- Wildcard: Web3 arena/party-style competitive game with NFT-based characters. Directly comparable as a multiplayer party-style Web3 game targeting similar casual-competitive gamers with collectible characters.
- Pixels: Web3 social farming and casual multiplayer game with tokenized rewards on Ronin. Directly comparable to Forgotten Playland as a casual, social Web3 game targeting similar gamer personas with token-based economies.
- Illuvium: Web3 open-world RPG with NFT creature collection on Immutable. Comparable as a venture-backed Web3 game studio with collectible character mechanics and tokenized in-game economies.
- Aurory: Web3 gaming studio on Solana building casual play-and-earn gaming experiences. Comparable as a Web3-native game studio targeting casual gamers with tokenized progression.
Others
- Beam Network: Gaming-focused L1/chain ecosystem where the FP token is deployed. Comparable as an infrastructure/ecosystem partner that enables Forgotten Playland's tokenized economy and may surface distribution opportunities.
- Immutable: Web3 gaming infrastructure platform (Immutable zkEVM) used by multiple Web3 game studios. Comparable as an adjacent infrastructure provider whose ecosystem partners overlap Forgotten Playland's Web3 gaming investor base.
Broad incumbents
- Mythical Games: Well-funded Web3 game publisher behind NFL Rivals and Blankos Block Party. Comparable as a broader incumbent Web3 game publisher with casual/party-style titles and established player marketplaces.
- Gala Games: Established Web3 gaming platform and publisher operating multiple casual-to-midcore titles with tokenized economies. Comparable as a broader incumbent in the Web3 gaming space and a potential publisher/ecosystem peer.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Forgotten Playland social profiles
Digital presenceForgotten Playland financial estimates
Financial estimateRevenue estimate
Valuation estimate
Forgotten Playland leadership team
Management profileNumber of profiles
Forgotten Playland funding detail
Funding detailFunding overview
Funding rounds1 record
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Forgotten Playland 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 Forgotten Playland
What does Forgotten Playland do?
Forgotten Playland develops and distributes Forgotten Playland: Party Edition, a Web3-enabled social party game where players control customizable PlushKyn characters through competitive mini-games within a themed attic environment. The game features character customization with accessories and cosmetics, multiple themed social areas (Space Disco, Jungle Camp, Beach Bar), and mini-games including Bump-A-Ball and Jungle Rumble. Players can earn FP tokens via Beam network smart contracts as in-game rewards. The game is distributed through Steam.
Is Forgotten Playland a public or private company?
Forgotten Playland is a private company. It is classified as venture growth investor backed and is currently operating.
When was Forgotten Playland founded?
Forgotten Playland was founded in 2023. It employs 1 to 10 people.
Where is Forgotten Playland based?
Forgotten Playland is headquartered in Gibraltar, Gibraltar.
How does Forgotten Playland make money?
Three revenue lines are on record. Virtual Items and Cosmetics are the primary driver. The others are FP Token Transactions and game Sales.
Who are Forgotten Playland's main competitors?
Direct peers on record are Star Atlas, Big Time Studios, Wildcard, Pixels, Illuvium and Aurory. Others are Beam Network and Immutable. Broad incumbents are Mythical Games and Gala Games.
Does Forgotten Playland have an API?
No public API is recorded for Forgotten Playland.
What industry is Forgotten Playland in?
Forgotten Playland's product category is Web3 Social Party Gaming. Its primary akta.pro industry code is MPAFAAAO, Web3/Blockchain Game Studios, with a secondary code of FSAPAGAH, Play-to-Earn & Reward Platforms (questing, loyalty, airdrop mechanics). Its NAICS code is 71312 and its SIC code is 7990.