Planet Mojo
Defunct2 known investors
Planet Mojo was a web3 gaming ecosystem of interoperable PvP and eSports titles that shut its games down in mid-2025 to pivot to AI video.
Also known as MOJO · Mystic Moose
Investors · 2
Company profile
researched Aug 2026Planet Mojo was a web3 gaming ecosystem developed by US-based game studio Mystic Moose, built around a suite of interoperable eSports and player-versus-player titles set on a fictional alien planet with a narrative revealed over time. Its flagship title, Mojo Melee, launched in 2023 and had players collect and upgrade "Mojos" and Champions for real-time battles; other titles and products included Mojo Maker, GoGo Mojo, Prophecy of the Ancients and WWA (World Wide Agents). The ecosystem emphasised player ownership of in-game assets, community influence over the project's direction, and asset and token interoperability across its games.
The ecosystem's utility token, MOJO, was deployed on Polygon and later migrated to a new contract address, with listings and trading venues including Bybit, Aerodrome, Gate.io and BingX. MOJO carried a total and maximum supply of 1 billion tokens and powered token-gated products, services and experiences described as "MOJO Sinks," with distribution tied to gameplay and sink mechanisms. The project was tagged across the Ethereum and Polygon ecosystems and carried a CertiK rating of 3.8.
On 31 May 2025 the studio announced it would shut down all of its games by 1 July 2025, citing shifting market realities that made continued development unsustainable, with outstanding in-game rewards distributed before shutdown. It stated it would redirect its efforts to MovieFlo.AI, an AI-based tool for creating short videos and cinematic content without professional equipment or technical skills, then in development with early access planned via a private alpha open to community waitlist members.
Founding story
Planet Mojo was created by Mystic Moose, a US-based game developer led by founder and CEO Mike Levine, and was founded by game industry veterans with backgrounds at LucasArts, EA and Activision.
Business model
The company operated as a game studio publishing free-to-access web3 titles whose economies were mediated by the MOJO utility token and NFT assets. MOJO gated access to products, services and experiences ("MOJO Sinks") and was distributed to players through gameplay and sink distributions, with digital NFT assets and rewards tradeable on external exchanges.
Traction
Flagship title Mojo Melee debuted in 2023, followed by additional titles including GoGo Mojo, Mojo Maker, Prophecy of the Ancients and WWA. The MOJO token had a total and maximum supply of 1 billion with approximately 36.52 million circulating (about 3.65%), and was traded on venues including Bybit, Aerodrome, Gate.io and BingX. Promotional activity included a "Mojo Madness March" giveaway and a $150,000 MOJO airdrop event run with Bybit through 7 April 2024.
Latest developments
In May 2025 the studio announced the shutdown of all Planet Mojo games effective 1 July 2025 and a pivot to MovieFlo.AI, an AI video creation platform slated for a private alpha with waitlist access for existing community members.
▸Full profile — market position, technology, go-to-market, risks & controversies
Market position
Positioned as a web3 gaming metaverse and interoperable game ecosystem backed by prominent crypto-gaming investors including Animoca Brands and Merit Circle; its 2025 wind-down was characterised as part of a broader pattern of web3 gaming projects scaling back or ceasing operations that year.
Technology
The games were blockchain-enabled and built on the Polygon network, using NFTs for collectible and tradeable in-game assets and the MOJO token for in-ecosystem transactions and access. The design emphasised interoperability so that assets and tokens could be carried across multiple games within the ecosystem. The MOJO token later migrated to a new contract address, with a contract and explorer presence on Base (basescan.org).
Go-to-market
Players of competitive web3 and eSports-style games interested in owning tradeable in-game assets, plus token holders and community members participating in the MOJO ecosystem.
Risks & controversies
The studio ceased development of all of its games in mid-2025, citing market conditions that made continued development unsustainable, and did not confirm whether any titles or assets would be revived. Its replacement product, MovieFlo.AI, was still in development at the time of the announcement with uncertain reception and monetisation. Participation in token distribution events required KYC verification for non-US users, and the MOJO token was locked pending centralized exchange listing at the time of the 2024 airdrop.
Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 6
launches, deals, and filingsThe studio said it would redirect its efforts to MovieFlo.AI, an AI-based short video and cinematic content creation tool in development, with early access planned through a private alpha open to community waitlist members.
Via its official Discord, Planet Mojo announced all of its games — Mojo Melee, Mojo Maker, GoGo Mojo, Prophecy of the Ancients and WWA (World Wide Agents) — would shut down by 1 July 2025 due to shifting market realities, with outstanding in-game rewards distributed beforehand.
Crypto exchange Bybit ran an airdrop event of $150,000 in $MOJO tokens, running until 7 April 2024, requiring cross-community missions and KYC verification for non-US users.
$150K source ↗
Planet Mojo announced it had secured $10.5 million in strategic funding, with the round led by Animoca Brands, Merit Circle and Courtside VC and participation from Spartan Group, Citizen Capital, Sfermion and others; this followed an earlier $5 million raise in December 2021 led by Animoca Brands.
$10.5M source ↗
Mystic Moose launched the native ecosystem token $MOJO, deployed on Polygon and locked until listing on a centralized exchange, alongside plans for token airdrops.
Planet Mojo's flagship game Mojo Melee, in which players collect and upgrade Mojos and Champions for real-time battles, debuted in 2023.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 6
primary sources listed
- Planet Mojo (MOJO) token sale analytics and information, private/seed sale price, tokenomics | ICO Analyticsicoanalytics.org · web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Planet Mojo do?
- Planet Mojo was a web3 gaming ecosystem of interoperable PvP and eSports titles that shut its games down in mid-2025 to pivot to AI video.
- Who are Planet Mojo's investors?
- Planet Mojo's investors include Courtside Ventures, Raptor Group.