Monoverse

What Monoverse does

Monoverse (legal entity (주)모노버스) is a Seoul-headquartered, privately held blockchain gaming company building an integrated Web3 ecosystem that pairs proprietary blockchain infrastructure with a consumer-facing NFT gaming franchise. The infrastructure layer centers on the Entropy Network, a custom mainnet designed for DApps and games, and is complemented by Entropy Wallet, Entropy Scan (block explorer), Entropy Bridge (cross-chain asset transfer with Ethereum), and LVRF, a verifiable random function intended to ensure on-chain randomness fairness.

The consumer layer is the Frutti Dino franchise, featuring dinosaur-and-fruit hybrid characters supported by an FD governance token, an NFT marketplace (trading, minting, breeding), a custodial Frutti Dino Wallet, and a multi-format game line-up that includes Frutti Dino Stories (mobile simulation breeding), Frutti Dino Derby (seasonal play), and Telegram TON-based games Banacus Ton Game and Geko GTA. The company operates through wholly-owned subsidiaries Entropy LLC (infrastructure) and Monoverse USA (regional market entity), and was founded around 2019 with 11–50 employees.

Monoverse monetizes through NFT marketplace transaction fees, GameFi investment products for virtual assets and governance tokens, and potential infrastructure licensing to external Web3 projects; pricing is not publicly disclosed and is built around token-based economics. Customer segments are primarily blockchain gaming enthusiasts and NFT collectors/traders, with a secondary developer/infrastructure segment served via Entropy. Strategic capital partners include Korea Real Estate Investment and Trust (KOREIT), which led a $3.1 million seed round in May 2022, and South Korean game publisher Neowiz, which made a strategic investment in early 2022 alongside a development partnership with Taiwanese studio Gametopia.

Name

Monoverse

Legal name

(주)모노버스

Website

https://monoverse.io

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Monoverse is a Seoul-based blockchain gaming company that operates the Entropy Network mainnet and the Frutti Dino NFT gaming ecosystem, serving blockchain gaming enthusiasts and NFT collectors with proprietary blockchain infrastructure, NFT marketplace services, and casual mobile and Telegram-based games.

Ownership category

akta.pro rank

Product category

Blockchain Gaming

NAICS

Doll, Toy, and Game Manufacturing (33993)

akta.pro primary industry

Blockchain Game Studios & Game Development (FSAPAGAC)

akta.pro secondary industries

Player Wallets, Identity & Accounts for Games (embedded wallets, SSO, DID) (FSAPAGAF), GameFi Economies & Token Systems (tokens, staking, sinks/sources, inflation control) (FSAPAGAG), Web3/Blockchain Game Studios (MPAFAAAO)

Keywords

• Blockchain gaming
• NFT games
• Web3 infrastructure
• Crypto wallet services
• GameFi platform

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. GameFi Services and Investment Products: Monoverse generates revenue through GameFi services including investment products for virtual assets and governance tokens. The company launched investment products for virtual assets and governance tokens as part of its Frutti Dino GameFi ecosystem.
2. NFT Marketplace Transactions: Revenue from NFT trading, minting, and breeding services within the Frutti Dino NFT Marketplace. Users trade NFTs for tokens, and the platform likely takes transaction fees.
3. Blockchain Infrastructure Services: Revenue from providing blockchain infrastructure including mainnet development, wallet solutions, and DApp platforms to other projects and games.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Monoverse develops and operates an integrated blockchain gaming ecosystem built around its proprietary Entropy Network mainnet and the Frutti Dino NFT gaming franchise. The company sells blockchain infrastructure (Entropy Network, Wallet, Scan, Bridge, LVRF), NFT-based games (Frutti Dino Stories, Banacus Ton Game, Geko GTA), an NFT marketplace, the FD governance token, and GameFi investment products for virtual assets.

Product overview

Monoverse is a blockchain gaming company based in Seoul, South Korea, operating as a Web 3 infrastructure and character IP provider. The company offers a multi-product ecosystem centered around two main platforms: the Entropy Network (a specialized blockchain Mainnet with associated services including Entropy Wallet, Entropy Scan, Entropy Bridge, and LVRF) and the Frutti Dino NFT gaming ecosystem (featuring the Frutti Dino game, FD Token governance token, NFT Marketplace, Frutti Dino Wallet, and related games like Frutti Dino Stories, BANACUS TON GAME, and GEKO GTA). The Entropy Network provides the underlying blockchain infrastructure while the Frutti Dino ecosystem represents the company's consumer-facing gaming and NFT products, all interconnected through token economies and cross-chain capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• Entropy: Blockchain platform including Entropy Network (Mainnet), Entropy Wallet, Entropy Scan (block explorer), and Entropy Bridge for cross-chain asset exchange.
• Frutti Dino
• LVRF

Products and services

• Entropy Network A specialized blockchain Mainnet developed for DApps and Games, offering fast and stable on-chain services for high-performance blockchain applications.
• Entropy Wallet A Web 3.0 cryptocurrency wallet that enables users to interact with blockchain services using secure methods.
• Entropy Scan A block explorer for the Entropy Network that allows users to view block formation and data transmission details, ensuring transaction trust and stability.
• Entropy Bridge Cross-blockchain bridge service supporting asset exchange between the Entropy Network and Ethereum Network through smart contract implementation.
• LVRF (Verifiable Random Function) A novel Verifiable Random Function technology that ensures fairness by providing unbiased on-chain random values for blockchain applications.
• Frutti Dino Token (FD Token) Governance token that supports the Frutti Dino ecosystem, used across NFT Breeding, Staking, Exchange and other functions.
• Frutti Dino NFT Marketplace NFT trading environment for Frutti Dino NFT holders and game users, providing Trading, Minting, Breeding and various NFT-related services.
• Frutti Dino Wallet Custodial wallet service for Frutti Dino ecosystem participants, featuring fast transaction speed and low fees for service production and application.
• Frutti Dino Stories Interaction-based mobile simulation breeding game where Baby Dinos grow and evolve into Frutti Dino through the essence of Amber Trees, targeting casual mobile gamers globally.
• Banacus Ton Game Telegram TON-based T2E (Time-to-Earn) game as part of the Frutti Dino game line-up, leveraging Telegram's built-in user base.
• Geko GTA

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Four partnerships are on record, tiered core and minor.

• GametopiacoreStrategic or Co-development Partner · 4 May 2022Taiwanese game developer collaborating with Monoverse for blockchain gaming development. The partnership was established as part of Monoverse's plan to expand blockchain gaming offerings following the $3.1M funding round. Gametopia brings game development expertise from Taiwan to complement Monoverse's blockchain technology.
• KOREITminorOthersPartner listed in the partners section of Monoverse's website with logo display, indicating a collaborative relationship.
• Monoverse USAminorOthersUS subsidiary entity of Monoverse listed in the partners section, indicating regional presence and operations in the United States market.
• Entropy LLCminorOthersEntity associated with the Entropy Network brand, listed as a partner in Monoverse's ecosystem indicating collaboration on Entropy blockchain technology and services.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Wemade: Wemade is a Korean game publisher and the operator of WEMIX, a Layer-1 blockchain purpose-built for gaming. It is the most direct geographic and product analog to Monoverse: Korean-anchored, gaming-first L1, with a portfolio of Web3-enabled titles. Monoverse's Entropy Network is positioned similarly to WEMIX Play.
• Sky Mavis: Sky Mavis builds Axie Infinity, the original and most-recognized play-to-earn NFT game with a custom Ronin chain. Comparable in product model (NFT breeding, native token, marketplace, custom L1) and in targeting a global audience of crypto-native gamers.
• Gala Games: Gala Games operates a Web3 gaming network with multiple titles, a GALA token economy, and its own GalaChain. The multi-game + token + marketplace structure parallels Monoverse's Frutti Dino ecosystem closely.
• The Sandbox: The Sandbox is a user-generated content metaverse with NFT land and assets, a SAND token, and a marketplace. Comparable in marketplace + token + IP-centric Web3 gaming economy, though stronger on metaverse virtual world rather than single-IP narrative gaming.
• Com2uS: Com2uS is a major Korean mobile game publisher that operates the XPLA blockchain and has launched Web3-enabled versions of its portfolio titles (e.g., Summoners War). The most direct traditional-Korean-gaming-to-Web3 analog to Monoverse's positioning.

Broad incumbents

• Animoca Brands: Animoca Brands is the largest Web3 gaming conglomerate, with hundreds of portfolio companies spanning games, NFTs, and metaverse platforms. While not a single-product competitor, it sets the strategic benchmark for vertically integrated Web3 gaming + infrastructure plays and competes for the same capital and talent pool.
• Netmarble: Netmarble is a top-tier Korean mobile game publisher with the MBX (Marblex) blockchain and multiple Web3 initiatives including Ni no Kuni and BTS Universe. Comparable in Korean publisher entering Web3, though operating from a much larger traditional gaming base.

Emerging players

• Splinterlands: Splinterlands is a Web3 collectible card game with a play-to-earn model and secondary marketplace. Comparable in NFT + token + competitive gameplay mechanics, though narrower in scope (single genre) than Monoverse's broader ecosystem.
• STEPN / Find Satoshi Lab: STEPN pioneered move-to-earn and runs on a custom chain (GMT) with a marketplace. Comparable as a token-driven Web3 consumer app with proprietary blockchain infrastructure, though adjacent rather than directly competing in narrative IP-driven games.

Others

• Neowiz (parent: Pledis/parent group): Neowiz is an existing investor and strategic partner in Monoverse. They operate a portfolio that includes Web3 titles like CryptoBrewmaster, making them both a shareholder and an adjacent Web3 gaming operator in the same Korean ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/FruttiDino
• YouTubeyoutube.com/c/FruttiDinoOfficial
• Facebookfacebook.com/FruttiDino
• LinkedInlinkedin.com/company/monoversecorp
• Instagraminstagram.com/fruttidino_official

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds2 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 Monoverse