Eon Foundation team
Eon Foundation team (left to right) Hao Dong, software engineer; Aron Lyu, CEO; Mark Nedzelskii, community manager;
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Eon Foundation raises $5 million for blockchain game publishing

Eon Foundation has raised $5 million for its blockchain game publishing business. In doing so, the Palo Alto, California, and Singapore company hopes to disrupt traditional game publishing through the new technologies of blockchain — a decentralized and immutable ledger — and cryptocurrency.

Eon Foundation has also launched its first game, Crypto Alpaca, to show how its platform works. Cherubic Ventures, Wei Guo (partner of UpHonest Capital) and Feng Li (an early investor in Ripple and Coinbase) led the investment in Eon Foundation.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.