Moku, a New York–based Web3 development studio, is betting big on the convergence of AI gaming, fantasy sports, and prediction markets. Today, the company announced it will commit $1 million in rewards later this year to kick off Season One of Grand Arena, a daily fantasy platform built around AI athletes.
Unlike traditional fantasy sports, which depend on real-world schedules, Grand Arena will operate 24/7. The platform introduces AI-driven athletes, starting first with Moki NFTs, as the competitors at the heart of its speculation ecosystem. Fans can draft lineups, enter contests, and speculate on outcomes at any hour of the day. Each AI battle generates real-time stats, leaderboards, and market signals, theoretically creating a continuous stream of content and strategy opportunities.
The launch will include a card pre-sale of Grand Arena Booster Boxes and a Champion Selection event tied to the Moki Genesis collection. Featured Mokis will not only compete in Grand Arena but also earn royalties from card packs and secondary market trading.
“We’re taking daily fantasy 24/7 with Grand Arena, laying the foundation for a new category of AI entertainment,” Moku cofounder, Hantao Yuan, said in a statement. “Every match generates real-time insights for prediction, strategy, and market participation. By guaranteeing $1 million from day one, we’re signaling our strong belief that this category will rival traditional sports and prediction markets.”
Founded in 2021, Moku has deep roots in Web3 distribution. The company says it has helped drive more than eight million daily active users across partner launches, generating over $7 billion in fully diluted value (FDV). Backed by AI experts from MIT, IBM, and Johns Hopkins, Moku leadership believes they have the infrastructure to take AI-driven fantasy gaming mainstream.
The company is targeting a massive addressable market: the $37 billion fantasy sports industry, the prediction market, and the massive and growing AI gaming sector. By positioning AI athletes as a new asset class, Moku sees Grand Arena as the intersection of all three.
The move highlights how Web3 and AI companies are experimenting with ways to blend gaming, speculation, and fandom into new formats. If fantasy sports can thrive on real athletes, Moku is betting that AI athletes can fuel the same kind of engagement on a global, around-the-clock scale since they’re always active and always generating data.