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TenthPlanet, a game studio started by former TikTok gaming leaders, plans to launch some ambitious blockchain games.
The company is working on some ambitious games including Mech Angel, a massively multiplayer online role-playing game inspired by Genshin Impact, and a digital cat metaverse dubbed Alien Meow.
The studio was started by William Wei Chen, a former game development leader for TikTok, and his colleague Kevin Yeung. He started Mokun Technology and sold it in 2019 to Bytedance, owner of TikTok, for more than $250 million. His company’s games have generated more than $600 million to date. Chen’s role was head of production.
Chen took the money and started TenthPlanet to make a series of new games to take advantage of Web3 technology, which uses the blockchain to authenticate unique digital items. TenthPlanet has more than 100 game developers working on Unreal Engine and Unity titles with triple-A production values, Yeung said in an interview with GamesBeat.
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“We’ve been building mobile games for the past 10 years,” Yeung said. “Our goal is to make games that last for a decade. We are positioning ourselves as digital nation builders, digital world builders.”
Chen’s former team at Mokun Technology was responsible for creating One Piece, which launched in April 2021 and generated more than $200 million in revenues for TikTok. The
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