Wildcard Alliance and Thousands.tv have announced a $9 million fundraising round to support the ongoing development of a multiplayer action-strategy game and a blockchain-based streaming platform.
The round was led by Arbitrum Gaming Ventures and Paradigm, with $6.5 million already secured and the remaining amount expected to close soon.
The funds will be used to further develop Wildcard, a real-time 2v2 competitive game, and Thousands.tv, a platform that tracks viewer activity during live game broadcasts using blockchain infrastructure.
Key Insights
- Wildcard Alliance and Thousands.tv announced a $9 million fundraising round led by Arbitrum Gaming Ventures and Paradigm
- The funds will support continued development of Wildcard, expand live operations, and enhance the streaming infrastructure on Thousands.tv.
- Wildcard is expected to enter early access later in 2025, following ongoing weekly playtests and Steam approval.
What is Wildcard?
Wildcard is a multiplayer online game developed by The Wildcard Alliance. Described as a 2v2 Collectible Card Action Game (CCAG), it combines real-time third-person action with card-based mechanics. Players select champions and use custom decks of summonable creatures to engage in team-based matches.
The game has already passed the review process for release on Steam and is undergoing weekly community playtests. According to the company, more than 100,000 people have participated in testing so far.
Wildcard’s development began prior to this latest round, with $46 million raised in a 2022 Series A.
What is Thousands.tv?
Thousands.tv is a live streaming platform designed to work alongside blockchain-based games. It differs from traditional platforms by using blockchain to track and reward viewer behaviour during broadcasts. Viewers can interact with live content, link wallets, and claim digital items. These actions are then tied to outcomes such as user conversion or in-game engagement.
The platform generated $800,000 in revenue in May 2025, with individual streams earning up to $134,000. Internal metrics report a 77% viewer-to-payer conversion rate, and viewers reportedly spend an average of $109 per stream. Long-term retention figures are also notable, with 38% of viewers remaining active a month after participating.
The platform is being used to test monetisation and user engagement models for games like Wildcard, and its developers say it is intended to reduce reliance on paid advertising or influencer campaigns.
What’s next for these projects?
With the new funding round underway, the companies plan to continue development on both Wildcard and Thousands.tv. This includes refining gameplay, expanding live operations, and building out the token-based ecosystem.
The Wildcard Alliance employs 30 full-time developers and works with 30 additional contractors. The team previously launched Wildpass NFTs on Polygon, later migrating them to Ethereum whilst covering gas costs for holders. A new $WC token is planned for future release and is intended to be community-owned.
The companies have not announced a firm release date for the full version of Wildcard, but early access is expected later in 2025.
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