The Marshmallow Jetpack offering is now closed and is no longer accepting investments.

Marshmallow Jetpack

Free-to-play meets NFTs

Marshmallow Jetpack

Free-to-play meets NFTs

Santa Clarita, CA
Consumer Internet
Gaming
Marshmallow Jetpack is an innovative game studio that will provide players with the ability to transfer the value of their in-game assets into the real world. By merging blockchain with game design, Marshmallow Jetpack’s debut game, Velkin Falling, will allow players to fully own their digital goods in the form of non-fungible tokens. With a cryptocurrency-backed, play-to-earn model, these acquisitions will be then tradeable on secondary markets, empowering players and turbocharging demand and competition.

$75,768

raised
102
Investors
$18M
Valuation
$2.00
Price per Share
$250.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left

$75,768

raised
102
Investors
$18M
Valuation
$2.00
Price per Share
$250.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left
This offering ended on July 09, 2021 and is no longer accepting investments.

Reasons to Invest

Gaming and cryptocurrency are both booming; video game loot box revenue is projected to exceed $20 billion by 2025, while the current NFT market is valued at over $2B.
Through Marshmallow Jetpack’s innovative approach, NFTs will be owned by the player, incentivizing users to increase their purchases.
We believe this is a unique opportunity to enter early into what we believe is the rapidly expanding crypto gaming market.


Combining video games with blockchain technology

Marshmallow Jetpack is ready to revolutionize the gaming industry by merging it with the growing power of cryptocurrency. With our debut game, Velkin Falling, which is still in development, we’re merging concepts from blockchain and game design to provide players with fully owned digital goods that retain value beyond the game itself. 

*All renderings, maps, photos, graphic images, environments, drawings, and all other artwork depicted are illustrative only. They may not be accurately depicted and may be changed at any time.

Non-fungible tokens (NFTs) are unique digital assets that an individual owns. The ownership of these digital assets live on the blockchain and they cannot be duplicated.

By combining core elements of competitive gameplay with secondary markets of collectible non-fungible tokens (NFTs), we’re building a new gaming model that empowers players like never before. We see Velkin Falling as just the beginning of our journey to make groundbreaking titles that push the boundary of what games can be.

The Problem


Most video game assets are worthless in the real world


Every day,  gamers grind for hours to amass greater and greater quantities of in-game assets. But their digital purchases—billions of dollars’ worth—are obsolete the moment they leave the game. Whether it’s weapons, skins, prizes, or ammo, this inventory holds no external value. We believe the current status quo lacks imagination and is leaving huge opportunities on the table.

The Solution


In-game winnings with real-world, tradeable value

A player’s purchases should be able to move beyond the confines of a single game, creating a new gaming economy for incentive and reward. With Velkin Falling, our flagship game, we are giving in-game items an entirely new value proposition. Whether you earn or buy your Velkin Falling NFTs, they will be both functional within the game and redeemable in the real world.

*All renderings, maps, photos, graphic images, environments, drawings, and all other artwork depicted are illustrative only. They may not be accurately depicted and may be changed at any time.


*All renderings, maps, photos, graphic images, environments, drawings, and all other artwork depicted are illustrative only. They may not be accurately depicted and may be changed at any time.


A player fully owns their NFTs on the Klaytn blockchain, and with Klaytn’s partnership with OpenSea, they’ll even have the additional option to move their NFTs to other blockchains. We believe the potential for full NFT ownership will incentivize a higher level of gameplay and purchasing. By integrating blockchain and NFTs, we’re delivering a whole new world of possibilities for the way gamers invest their time and money.

The Market


Blockchain and NFTs are on the rise

There are more than 2.5 billion active gamers across the globe, and that number is only growing—jumping by a full billion over the past five years. (Wired) The global gaming market was valued at over $162 billion in 2020 and is expected to reach a value of $295 billion by 2026. (source) The number of wallets containing NFTs grew by 97% in 2020, with overall transactions accruing $250M. (source) Notably, today’s players have begun to show a greater willingness to purchase items that are cryptocurrency-based. (source)

Other gaming companies:

  • Hearthstone: Estimated $600M+ in annual revenue; generates up to $40M in revenue per month. (source 1, source 2)
  • Splinterlands: Grossed $1M in 2019 from 1.7M card transactions. (source)
  • Magic the Gathering: By July in 2019, Magic the Gather had already generated an estimated $500M in revenue. (source)
  • Gods Unchained: Made ~$4M in revenue from pre-sale of 4M cards. (source)
  • MTG: Arena players spend an average of $75 annually on in-game currency, with total players expected to reach 11 million by the end of 2021. (source)

Our Traction


Gaming industry veterans ready to deploy new technologies

Marshmallow Jetpack has assembled a powerful team of industry veterans. Through combined brainpower and expertise, we’ve developed the critical blueprint for Velkin Falling, and have already begun internal playtesting. We’re tackling our fundraising campaign with gusto, pitching to gaming aficionados and newcomers alike.

Marshmallow Jetpack is in the prototyping and engine development stage for their debut game, Velkin Falling, with internal playtesting in a simulated environment.

Source

What We Do



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Free-to-play meets NFTs

*All renderings, maps, photos, graphic images, environments, drawings, and all other artwork depicted are illustrative only. They may not be accurately depicted and may be changed at any time.


Cutting-edge technology and human-centered game design are the keys to bringing people together, sparking excitement, and empowering individuals. Our flagship game, Velkin Falling, will unite high-quality, tactical combat gameplay with collectible NFTs. Whether players play-to-earn or pay-to-play, all NFTs they accumulate will hold both real-world and in-game value, protected on the blockchain and will be available for trading with other players.

And don’t worry—we will still have all the core gaming essentials, including deep customization, in-game identity, and resource management. But this time, the money you spend in our virtual world can go a whole lot farther.

The Business Model


In-game NFTs tradeable on secondary markets


Within Velkin Falling, players will be able to purchase items with two different currencies: U.S. dollars or Vantium. Vantium is a hard in-game currency that can be earned through play. Using either currency, players can purchase crates, which in turn contain NFTs that become the player’s property. These NFTs will live on the Klaytn blockchain and can be bought and sold on secondary markets through Klaytn’s partnership with OpenSea, where Marshmallow Jetpack plans to retain a small number of transaction fees.


In addition, Marshmallow Jetpack is in conversations with the gaming platform Pocketful of Quarters ("POQ") to bring unique value and capabilities to the company. Marshmallow Jetpack plans to use the POQ platform, which includes the integration of POQ's blockchain product as well as access to their esports and publishing model.

By pricing crates at $2.99* each (with the option of buying bundles with a built-in discount), we keep the game accessible and encourage a high volume of transactions. We also plan to make available thematically appropriate seasonal crates that will have their own price points upon development. Additionally, by making the contents of each crate as 5 NFTs, with one guaranteed equipment or chassis, we ensure an element of suspense that adds a heightened sense of stakes and competition. As with all video games, revenue is dependent on a large and active user base, and we've designed Velkin Falling to spur high levels of engagement and buy-in.

*Pricing subject to change

*All renderings, maps, photos, graphic images, environments, drawings, and all other artwork depicted are illustrative only. They may not be accurately depicted and may be changed at any time.

How We Are Different


Giving players ownership and empowerment over their digital goods

In your typical digital game, in-game assets such as characters, skins, sprays, and other cosmetics are not actually owned by the player—they’re simply perks and rewards that the player can access. This means that if the player creates a new account or abandons a game, the money they’ve spent on those items is lost.

As one of the few game companies within the cryptocurrency space, Velkin Falling’s game design will allow players to fully own their digital assets. Not only can these assets be used to upgrade a user’s in-game experience, but more importantly, they can be sold for real-world value. Our intelligent blockchain approach to gaming will revolutionize the way that players spend their money and their time, bringing a sea of change to the current world of gaming.

The Vision


Always one step ahead of the curve


We believe Marshmallow Jetpack is positioned to become a frontrunner in the gaming industry, for players and industry insiders alike. Through masterful storytelling and design combined with cutting-edge technology, we aim to create extraordinary gaming experiences while always staying ahead of the curve. In order to achieve our vision, we’ll be setting the new standard for a healthy and thriving work environment. By building an innovative and collaborative workplace, we believe we’ll be able to smash our goals and shatter current gaming conventions.

OUR LEADERSHIP


Veterans of the gaming industry, product management, and media production

Our core leadership brings a complementary array of experience and know-how, previously serving as executive producers, business developers, and project managers at a number of gaming companies. CEO Justin Smith (PhD) previously worked at Osbourne Media and has deep experience in gaming production and community-building. COO James Turner has been a key contributor to several award-winning digital games, from "Tearaway" to "The Trail." His passion for independent development and unique projects makes him a perfect fit for Marshmallow Jetpack’s ambitious vision. Board Member/Game Director Russ Pippin is a former Senior Product Manager from Blizzard Entertainment and worked for 13 years on the Battle.net platform. Consultant to leadership Nick Grayson is a former researcher of artificial intelligence, with stints at Google, Blizzard Entertainment, and Warchief Gaming. Along with Justin, James, Russ, and Nick the team includes talented software architects, storytellers, designers, programmers, and tech consultants with years of combined experience in the gaming industry.

 

Why Invest


At the nexus of two explosive markets

If you’ve been paying attention, you know that cryptocurrency is edging further into the mainstream, and that video games have been gaining popularity for years. We’re ready to capitalize on both of these trends, and deliver incredibly exciting new opportunities to captive users across the globe. In a matter of years, we’ll all be looking back and wondering how it was ever possible that people spent billions of dollars that remained locked within the virtual world of a video game. We’re ready to make this future into a reality.

*Velkin Falling is currently in development.

Quick Insert

Offering Summary


Company

:

Marshmallow Jetpack Inc.

Corporate Address

:

39848 San Francisquito Canyon Road, Santa Clarita, CA 91390

Offering Minimum

:

$10,000.00

Offering Maximum

:

$1,070,000.00

Minimum Investment Amount

(per investor)

:

$250.00











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

5,000

Maximum Number of Shares Offered

:

535,000

Price per Share

:

$2.00

Pre-Money Valuation

:

$18,000,000.00











Time-Based:

Friends and Family Early Birds

Invest within the first 48 hours and receive an additional 15% Bonus Shares.

Super Early Bird Bonus

Invest within the first week and receive an additional 10% Bonus Shares.

Early Bird Bonus

Invest within the first two weeks and receive an additional 5% Bonus Shares.

Amount-Based:

$250 | Lead

Access to alpha and another key to give a friend.

$500 | Copper

Access to the private Investor community.

$1,000 | Bronze

Your name added to the “Wall of Fame” on the Marshmallow Jetpack website.

$2,500 | Iron

Exclusive Investor Hangar Skin NFT.

$5,000 | Silver

A free presale bundle (the bundle we make at the standard level for the presale itself) + 3% Bonus Shares.

$10,000 | Gold

Exclusive Investor Chassis Skin NFT + 5% Bonus Shares.

$25,000 | Platinum

Dinner with the team (travel and lodging not included). + 7% Bonus Shares.

$50,000 | Vantium

Work with the team to make a character in the game world + 10% Bonus Shares.

*All perks are occur after the offering ends.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Inter company debt or back payments.

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Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$0.00 USD
$0.00 USD
Cash And Cash Equivalents
$0.00 USD
$0.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$2,466.86 USD
$0.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$0.00 USD
$0.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
$0.00 USD
$0.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Offering Closing

5 months ago

Marshmallow Jetpack has decided to close this offering and not take on additional investments via StartEngine. This offering will close on July 8th, 2021. To stay up-to-date with the on-goings of Marshmallow Jetpack and Velkin Falling, visit www.MarshmallowJetpack.com and follow us on social media.

Notice of Funds Disbursement

5 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Marshmallow Jetpack has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Marshmallow Jetpack be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Funds Disbursement

6 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Marshmallow Jetpack has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Marshmallow Jetpack be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Our First Week

6 months ago

Over 70k raised! :mega: Now that we're one week into our StartEngine campaign, we wanted to say cheers to the supporters who believe in the Marshmallow Jetpack vision. You've helped us reach this milestone!

Show More Updates End of Updates

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