Power Protocol raises $3M for Web3 token economy

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Power Protocol, a blockchain infrastructure platform for gaming and digital entertainment, raised $3 million in investment from Bitkraft Ventures.

The total amount raised by Power Protocol to date is at $15.5 million. Power Protocol powers the $POWER token economy and provides shared infrastructure for partner studios, including Pixion Games, developer of Fableborne, the mobile-first action RPG currently in global open beta.

Power Protocol was created to scale economic systems across multiple titles rather than a single game. The protocol supports multi-game interoperability, progression systems, live service features, reward distribution and on-chain asset tracking. Bitkraft’s investment is directed at the protocol level because it enables third-party studios to integrate into the $POWER ecosystem and share underlying infrastructure rather than building isolated token utilities.

The result is an ecosystem approach rather than a single product economy, which is designed to support long term growth.

Justin Swart, principal of Bitkraft Ventures, said in a statement, “We look at thousands of gaming pitches, and Pixion Games has released a beta that has achieved levels we rarely see in early mobile gaming. Fableborne is distinctly positioned to reach mainstream audiences by combining strong gameplay mechanics with on-chain optionality seeking to improve (not overcomplicate) the experience. With impressive metrics, and one of the most cleanly executed token launches this year, Pixion, the Fableborne game and the Power Protocol are building a compounding machine.”

Power Protocol said Fableborne’s open beta has already demonstrated massive user adoption and commercial traction, with over 400,000 players joining the experience across open playtests. Previous betas reached a peak Daily Active User (DAU) count of 108,000 and generated $21.5 million in NFT presale revenue ahead of the POWER token listing.

The company said these early performance markers highlight the demand for Fableborne’s hybrid ARPG and base-building gameplay loop, underscoring Pixion Games’ thesis that skill-based mobile design, when paired with optional on-chain systems, can power globally competitive gaming experiences.

Kam Punia, founder and CEO of Pixion Games, said in a statement, “We’re grateful to have Bitkraft’s backing at this stage. They have a track record of supporting teams that build ecosystems with long term potential, and that’s our focus. Capital in gaming and Web3 is selective right now, which makes their belief in what we’re building even more meaningful.”

Punia added, “The response to our open beta and the $POWER launch showed us there’s a strong foundation to grow from. This investment helps us keep moving toward that vision and develop an ecosystem built on progression, competition, and lasting engagement. BITKRAFT’s support gives us confidence to keep improving thoughtfully for the benefit of our players and partners.”

BITKRAFT’s investment builds on the studio’s prior funding led by Delphi Digital, Spartan VC, Mechanism Capital, L1D, and other successful Web3 funds. Together, these investors support Pixion Games’ vision of bringing high-quality mobile-first gameplay and sustainable digital economies to a global audience. The funding will accelerate product and ecosystem development across several fronts, including content expansion, competitive season design, new progression systems, and deeper integration of the $POWER economy across gameplay loops.

Pixion Games will continue to roll out new systems, expanding Player-vs-Player (PvP) formats, seasonal content, and multi-game interoperability layers powered by $POWER throughout 2026.