What Rekt Studios does

Rekt Studios is a Dubai-based, privately held Web3 gaming and entertainment company founded in 2021. The company operates as a single-product studio around its core offering, Unseen — a metaverse gaming ecosystem that enables content creators to develop games, virtual environments, and digital assets, and allows users to create and trade those digital assets within an immersive blockchain-based environment. The platform is positioned to serve two horizontal consumer segments: content creators who want tools to build and monetize Web3 gaming experiences, and gamers/digital asset traders seeking ownership and monetization of in-game assets.

The company has raised approximately $11 million across disclosed rounds: a $1.5 million seed from Cypher Capital in November 2022 to build Unseen, a $2.5 million strategic minority investment from Phoenix Group (via Phoenix INV Holdings) in April 2024 representing a 12.5% stake and validating the company's Web3 gaming positioning, and a $7 million round in October 2025 from Cypher Capital and Phoenix Group. Rekt Studios is led by co-founder and CEO Elie Rizk, has 11–50 employees, and operates from Dubai with a Middle East focus. The business model is not publicly disclosed; no pricing, monetization mechanism, paying customer base, or revenue figures have been reported, and the company appears to be in a pre- or very early-revenue commercial phase.

Name

Rekt Studios

Legal name

Rekt Studios

Website

https://rektstudios.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Rekt Studios is a Dubai-based Web3 gaming company building Unseen, a metaverse gaming ecosystem that enables content creators to develop games, virtual environments, and tradable digital assets for gamers and digital asset traders in the Middle East market.

Ownership category

akta.pro rank

Product category

Web3 Gaming / Metaverse Gaming Platform

NAICS

Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (51621)

SIC

Services-Computer Programming Services (7371)

akta.pro primary industry

Metaverse Virtual World Platforms (social worlds, land, UGC) (FSAPAGAD)

akta.pro secondary industries

Metaverse Commerce & Monetization (virtual goods storefronts, payments, ads) (FSAPAGAK), UGC Game Creation Platforms (Roblox-like, Fortnite Creative, Core) (MPAFAIAA), GameFi Economies & Token Systems (tokens, staking, sinks/sources, inflation control) (FSAPAGAG), Web3/Blockchain Game Studios (MPAFAAAO)

Keywords

• Web3 gaming
• Metaverse platform
• Blockchain gaming
• Digital asset creation
• Virtual environments

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations

Core offering

Rekt Studios develops and operates "Unseen," a Web3-based metaverse gaming ecosystem. The platform enables content creators to build games, virtual environments, and digital assets, and lets users create and trade digital assets within an immersive blockchain-powered gaming environment.

Product overview

Rekt Studios is a Web3 gaming and entertainment company that operates as a single-product studio. The company's core offering is the Unseen platform, a metaverse gaming ecosystem designed to enable content creators to develop games, virtual environments, and digital assets for trading within an immersive Web3 environment.

Differentiator

Problem solved

Functional benefit

Brands

• Unseen: A metaverse gaming ecosystem that enables content creators to develop games, virtual environments, and digital assets, allowing users to create and trade digital assets within an immersive ecosystem.

Products and services

• Unseen Unseen is Rekt Studios' metaverse gaming ecosystem that enables content creators to develop games, virtual environments, and digital assets and allows users to create and trade digital assets within an immersive Web3 platform.

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Decentraland: Decentraland is a blockchain-based virtual world where users can buy land, build experiences, and trade digital assets. Like Rekt Studios, it operates a Web3 metaverse economy with user-generated content and tradable digital goods, though it skews more toward social/spectator experiences than gaming.
• Gala Games: Gala Games operates a Web3 gaming ecosystem spanning multiple game studios and a shared token economy with player-owned digital assets. It is structurally comparable to Rekt Studios in combining a multi-game platform with tradable in-game assets under a unified blockchain layer.
• Star Atlas: Star Atlas is a Solana-based Web3 game studio building a large-scale metaverse game with tradeable digital assets (ships, crew, land). It is comparable to Rekt Studios as a single-studio Web3 metaverse game developer targeting digital asset ownership.
• The Sandbox: The Sandbox is a decentralized metaverse platform that lets users create, own, and monetize voxel-based gaming experiences and digital assets. It is the most direct competitor to Rekt Studios' Unseen platform, targeting the same UGC creators and digital asset traders in the Web3 gaming space.
• Mythical Games: Mythical Games is a Web3-native game studio building player-owned economies in mainstream-style games (e.g., NFL Rivals, Blankos Block Party). It shares Rekt Studios' thesis of combining UGC/freemium gameplay with tradeable digital assets on blockchain rails.
• Vulcan Forged: Vulcan Forged is a Web3 game studio and NFT marketplace operator running multiple play-to-earn games with player-owned economies. It is structurally comparable to Rekt Studios in combining game development with a marketplace for in-game digital assets.

Emerging players

• Enjin: Enjin provides blockchain-based infrastructure (ERC-1155 token standard, marketplace tools) for developers building Web3 games with tradeable digital assets. It is comparable to Rekt Studios as an enabling/adjacent platform in the Web3 gaming asset economy, though positioned as infrastructure rather than a consumer metaverse.
• Core (by Manticore Games): Core is a UGC game creation platform (similar to Roblox/Fortnite Creative) where users build and publish games. While not Web3-native, it competes with Rekt Studios for the same UGC creator mindshare in building immersive virtual gaming experiences.

Broad incumbents

• Roblox: Roblox is the dominant UGC gaming platform globally, enabling external creators to build and monetize games and virtual items. While not Web3-native, it represents the incumbent benchmark for the UGC creator economy model that Rekt Studios' Unseen platform is attempting to replicate with blockchain-based digital asset ownership.
• Animoca Brands: Animoca Brands is a Hong Kong-based Web3 gaming conglomerate that operates and invests in dozens of blockchain games, metaverse platforms, and digital asset marketplaces. It competes with Rekt Studios both directly (via subsidiary platforms) and as a deep-pocketed investor shaping the Web3 gaming category.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/rekt-studios

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rekt Studios