Orange Cap Games (OCG) is a Web3 gaming studio that blends collectible culture with blockchain mechanics. Known for its hybrid TCG project Vibes TCG based on the Pudgy Penguins IP, as well as the recent acquisition of the Moonbirds NFT series, the company develops cross-media products that merge physical and digital elements. With a strong team and solid funding, OCG is emerging as a key player in the crypto gaming market.
Contents
- Overview of Orange Cap Games
- Project’s Technical Foundation
- Investments, Partners, and Team
- Use Cases and IP Integration
- Competitive Advantages
- Conclusion
1. Overview of Orange Cap Games
Orange Cap Games develops games and multimedia products based on well-known intellectual properties. Its flagship product is Vibes TCG, a hybrid collectible card game that merges physical cards with on-chain functionality. Based on the Pudgy Penguins universe, the game has already sold over 4 million cards and recorded more than 350,000 matches on-chain, indicating strong audience interest and sustained user growth.
As part of its development, OCG introduced a proprietary card material called Orange Core Paper, which provides high durability and production stability. This strengthens the quality of physical releases and establishes a foundation for reliable tokenization. Through this approach, the company is not merely producing game products, but creating a holistic ecosystem where every component—from the paper to the blockchain—enhances user experience and trust in digital ownership.
2. Project’s Technical Foundation
Orange Cap Games applies a carefully designed technological approach that combines physical products with decentralized network capabilities. This ensures not only a high level of player engagement but also trust in the digital ownership of assets. The company builds an infrastructure where each card is more than just a collectible—it’s a fully tokenized object integrated into the on-chain ecosystem.
Key technical elements include:
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Blockchain integration: Ethereum or scalable Layer 2 solutions are used to record rarity, provenance, and in-game actions, ensuring authenticity and protection against counterfeits.
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Wallet connectivity: Each card can be linked to a user's wallet, allowing asset ownership tracking and participation in digital gaming sessions with verified status.
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APIs and interaction modules: Custom interfaces make it easy to connect physical cards with digital platforms and gameplay logic, preserving a seamless user experience.
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Orange Core Paper material: A proprietary material developed by the company, ensuring the durability and uniformity of physical cards—critical for accurate tokenization and fair gameplay conditions.
These technologies allow Orange Cap Games not only to release collectible products but to establish a sustainable technical foundation for scalable growth, decentralized interactions, and fair asset gamification within Web3. This approach ensures process transparency, user rights protection, and the potential for large-scale integration of new IPs and game mechanics without compromising system integrity.
Moreover, the flexibility of the architecture enables the studio to adapt to various blockchain environments and implement cross-chain functionality in the future. This is essential for building a long-term ecosystem that unites physical collectors, digital players, and crypto enthusiasts within a shared gaming space.
3. Investments, Partners, and Team
Orange Cap Games has attracted attention from industry leaders, successfully completing two investment rounds. In September 2024, the studio secured $2 million in a seed round with participation from members of Dapper Labs, Marvel Studios, 9gag, and Yield Guild Games. In June 2025, it raised an additional $3.5 million in a seed round led by 1kx and Yuga Labs, with contributions from Bing Ventures and Infinity Ventures Crypto.
Yuga Labs' involvement—renowned for Bored Ape Yacht Club and ApeChain—has strengthened the project not only financially but also strategically, granting access to NFT and Web3 brand ecosystems.
The Orange Cap Games team brings together experience in blockchain, gaming, and IP management, allowing them to build products at the intersection of technology, collectible culture, and mass engagement. This integrated approach fuels sustainable growth and expansion within the Web3 entertainment market.
4. Use Cases and IP Integration
Orange Cap Games aims to transform traditional collectible universes into interactive Web3 formats, where every physical or digital element becomes part of a broader user experience. The focus is on activating well-known IPs through tokenized assets, gamification, and blockchain integration.
Key development directions include:
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Vibes TCG: The company's flagship project where physical Pudgy Penguins cards are linked to digital assets. Players can use them in offline gameplay as well as on-chain environments, where wins, stats, and progress are recorded.
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Moonbirds Acquisition: In May 2025, Orange Cap Games acquired the rights to the Moonbirds, Mythics, and Oddities NFT series from Yuga Labs, opening up opportunities to develop new games based on these universes.
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On-chain integrations: Game data and asset ownership are recorded using Ethereum or ApeChain, ensuring compatibility with existing crypto infrastructure.
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Merchandise and physical products: Plans include the release of physical goods—figurines, boxed sets, accessories—linked to digital assets, expanding the IP into the offline world.
This approach turns passive collections into living, evolving ecosystems, where each NFT or item holds gameplay value and market utility. Orange Cap Games builds a bridge between entertainment, collecting, and decentralized ownership, creating new forms of engagement for both players and fans of iconic IPs.
5. Competitive Advantages
Orange Cap Games stands out with its concept: the company fuses physical products with blockchain assets to create a unique user experience that spans both offline and digital audiences. Unlike most Web3 games focused solely on virtual formats, OCG offers a cross-media approach, enhancing engagement through physical interaction and collectible value.
With control over its own IPs (Pudgy Penguins, Moonbirds), successful sales (4M+ cards), an active gaming community (350K+ matches), backing from Yuga Labs and 1kx, and proprietary production technology (Orange Core Paper), the project holds a strong competitive position.
In addition, the studio's blockchain flexibility, strong partnerships, and scalability focus make Orange Cap Games one of the few Web3 brands capable of attracting mass audiences while retaining technological depth.
6. Conclusion
Orange Cap Games demonstrates how collectible culture and blockchain can be united in an interactive gaming format. Strong sales, active user participation, and support from strategic investors indicate high viability and long-term potential. The acquisition of Moonbirds, growth of Vibes TCG, and expansion to new networks could further solidify the company’s position as a leader in Web3 entertainment.
The project sets an important direction for the entire industry: a shift from passive collecting to active user participation, where each asset can be involved in gameplay, exchange, competition, and ownership. The next steps of Orange Cap Games are worth watching closely—they have the potential to set a new standard for engagement with collectible and gaming IPs in the age of digital ownership and decentralized entertainment.
