Marshmallow Jetpack
About this raise
Marshmallow Jetpack, with a pre-money valuation of $18 million, is raising crowdfunding on StartEngine. The innovative game studio will allow gamers to transfer the value of their in-game assets to the real world. The debut game of Marshmallow Jetpack, Velkin Falling, combines blockchain with game designing and works on a play-to-earn model. Justin Smith founded Marshmallow Jetpack in April 2021. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $1,070,000, and the funds will be used to make the prototype, develop the MVP, and launch the final product. Marshmallow Jetpack is revolutionizing the crypto gaming market and incentivizing users to increase their purchases.
Investment Overview
Invested : $75,768
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 05/20/2021
- Close Date
- 11/09/2021
$10,000
$1,070,000
$250
Equity - Common
Pre-Seed
RegCF
$2.00
$18,000,000
Company & Team
Company
- Year Founded
- 2021
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/09/2021 | StartEngine | $18,000,000 | $75,768 | Equity - Common | Funded | RegCF |