Oxalis Games Stock Surges 15% on Strategic Web3 Partnership with Open Loot

Oxalis Games has announced a strategic partnership with Open Loot, a Web3 gaming platform that is redefining player ownership and blockchain-powered ecosystems. This collaboration aims to elevate Moonfrost, Oxalis Games’ flagship title, which has already garnered significant industry attention by winning “Best Art Direction” in 2024. Moonfrost is developed by the lead developer of Stardew Valley Mobile and is an innovative, free-to-play, shared world, farm-life sim RPG. The game is known for its unique art direction and immersive gameplay, offering an experience that focuses on player-driven economies, decentralization, and true ownership of in-game assets, all enhanced by optional and meaningful Web3 technology.

Oxalis Games, which started as a small indie studio, has made significant strides in the gaming industry. The studio achieved over 50,000 organic sign-ups without spending a single dollar on marketing last year. Moonfrost was showcased as the lead indie development game at EGX-Comic Con London 24 and is currently in the top 20 most wishlisted games on Epic Games. This impressive growth is a testament to the game’s community-first approach, which has cultivated an engaged community of super fans who are actively involved in the game’s development, helping shape Moonfrost through their feedback and input.

In a move that challenged industry norms, Moonfrost ran a post-playtest mint for its genesis NFT, called the FROST-Hunter License, rewarding only players—not influencers, KOLs, or paid shills. This transparent and player-centric approach has helped cultivate an engaged community of super fans who are actively involved in the game’s development, helping shape Moonfrost through their feedback and input. Oxalis Games has embraced its players as co-developers, making them an integral part of the journey.

Open Loot is a leading Web3 gaming platform that makes blockchain gaming seamless and accessible. With a user-friendly marketplace and a robust infrastructure supporting fiat and crypto payments, Open Loot empowers studios to integrate Web3 features effortlessly. The platform has successfully launched Big Time, a top-performing Web3 RPG, alongside other high-quality titles. With built-in custody, KYC/AML compliance, risk management, and player-friendly onboarding, Open Loot is the premier destination for developers looking to bridge traditional and Web3 gaming.

With this partnership, Open Loot and