Delabs Games — is a Web3 studio led by James Junmo Kwon, former CEO of Nexon Mobile, that develops blockchain games and a broader gaming ecosystem powered by the DELABS token. However, there is no confirmed game called Delabs Speed Star in Delabs' current catalog or official documentation. The name Speed Star refers to a separate horse racing GameFi project developed by the Hell Factory team, while Delabs' Web3 racing game is Rumble Racing Star. Therefore, these projects, their tokens, and their blockchain infrastructures should not be conflated.
Contents:
- Speed Star and Delabs Games: Why They Are Different Web3 Projects
- What Is Speed Star and How Does the Gameplay Work?
- Horses, Ranches, and Gaming Professions in Speed Star
- JOC, SPEED, and STAR Tokens in the Game Economy
- Blockchain Model, Risks, and Differences from the Delabs Ecosystem
1. Speed Star and Delabs Games: Why They Are Different Web3 Projects
Speed Star is a GameFi simulation built around breeding, training, and racing virtual horses. According to the project's documentation, it was developed by the Hell Factory team, while the game's original blockchain architecture was designed for the Harmony ONE network. The project belongs to the Starverse ecosystem and uses its own system of gaming assets and tokens.
Delabs Games is a separate gaming company. The studio is led by James Junmo Kwon, who previously held executive positions at Nexon Mobile and founded Four Thirty Three. Delabs is developing its own Web3 ecosystem focused on games, digital assets, and the unified DELABS utility token.
Delabs' racing project is called Rumble Racing Star. It is a multiplayer racing game featuring arcade-style mechanics, seasonal rankings, and support for NFT characters. In the current Delabs whitepaper, Rumble Racing Star is described as the studio's first racing game to enable players to use PFP NFTs directly as in-game characters.
Therefore, Speed Star, Rumble Racing Star, and the similarly named browser game Speed Stars are different products. The latter is a running sports simulator developed by Luke and is also unrelated to either Delabs or the Speed Star GameFi project. To analyze its blockchain mechanics correctly, it is necessary to refer specifically to Hell Factory's Speed Star documentation.
2. What Is Speed Star and How Does the Gameplay Work?
The core concept of Speed Star is managing a virtual horse ranch. Users can develop their ranches, raise and train horses, breed them, and prepare them for competitions. The economic model connects these activities with in-game resources and blockchain-based assets.
Horses are one of the central elements of the system. Their characteristics, preparation, and interaction with other gaming professions are designed to influence competition results. Breeding allows players to create new generations of horses, making lineage and parental characteristics part of a ranch owner's strategy.
The gameplay structure is not limited to NFT ownership. Speed Star's documentation describes a Work and Play to Earn model in which different users perform specialized tasks. Ranch owners can interact with other participants and hire them to perform specific functions.
This approach creates an internal division of labor. Instead of giving every player the same set of activities, Speed Star introduces several professions connected to a shared economic system. The results achieved by one participant may depend on the quality of work performed by other players, distinguishing the project from simpler NFT games based primarily on passive token rewards.
3. Horses, Ranches, and Gaming Professions in Speed Star
Speed Star provides several types of gaming activities. Users can focus on horse racing or develop skills related to training, treatment, and horse breeding. There is also a separate owner or investor role for players who manage ranches and use the services provided by other participants.
Professions are connected to an experience and skill development system. Players perform relevant activities and improve their character's specialization. According to the documentation, professional activities can generate JOC rewards, while ranch owners can use other resources within the in-game economy to pay for services.
- Jockey — controls a horse during competitions and develops the skills required to participate in races.
- Trainer — prepares horses and works on improving their physical characteristics.
- Breeder — works with horse lineage and characteristics to produce new offspring.
- Therapist — is responsible for helping horses recover after physical activity and participates in health-related gameplay mechanics.
- Ranch owner — manages the ranch, develops its infrastructure, and can hire other participants.
Horse racing represents another major part of the game. A Jockey interacts with a prepared horse and participates in competitions with defined gaming conditions and participant matchmaking. The original roadmap also mentioned tournaments, seasonal racecourses, rankings, and a World Grand Prix.
It is important to consider the age of this documentation. Speed Star's primary roadmap describes plans for 2022–2023, so the features listed in it should not automatically be considered active today. When analyzing the project, documented concepts and historical plans should be distinguished from the game's confirmed current state.
4. JOC, SPEED, and STAR Tokens in the Game Economy
Speed Star's economic model was originally built around three tokens: JOC, SPEED, and STAR. They perform different functions and connect player activities, ranch development, gaming assets, and ecosystem governance. This is a multi-token architecture characteristic of the earlier generation of GameFi projects.
JOC is primarily associated with players' professional activities. SPEED is used as the base currency for most ranch-related operations, including ranch development and interactions between participants. STAR is described as the governance token of the Starverse ecosystem, with a limited supply of 30 million tokens.
| Parameter | JOC | SPEED | STAR |
|---|---|---|---|
| Primary Function | Rewards for gaming professions | Base in-game currency | Governance and ecosystem asset |
| Use Cases | Skills, energy, Marketplace | Ranches, horses, hiring players | Governance and asset trading |
| Gameplay Connection | Character activities | Core economic operations | Starverse ecosystem |
| Supply | Depends on the economic model | Depends on the economic model | 30 million tokens |
| Project | Speed Star | Speed Star | Starverse |
These assets should not be confused with DELABS. DELABS is a separate utility token within the Delabs Games ecosystem, with a stated total supply of 3 billion tokens. It is designed for payments, trading gaming assets, rewards, staking, and governance within the Delabs platform and is not part of Speed Star's original tokenomics.
5. Blockchain Model, Risks, and Differences from the Delabs Ecosystem
Speed Star was developed as a blockchain game on Harmony ONE. Tokenization was intended to support the in-game economy, asset trading, staking, and interactions between users, virtual horses, and ranch infrastructure. The roadmap also included a Marketplace, DEX, yield farming, and governance mechanisms based on STAR.
This architecture also creates several layers of risk. The value of gaming assets depends on user demand, while continuous reward issuance can create inflationary pressure. A multi-token model additionally requires a sustainable balance between token issuance and in-game spending mechanisms.
Users should also consider smart contract risks, token liquidity, the condition of the underlying blockchain network, and the current status of the game itself. Much of Speed Star's documentation dates back to the earlier period of GameFi, so historical plans, yield opportunities, staking mechanics, and trading features should not be treated as confirmation that they remain available today.
The main difference from Delabs lies in the origin and infrastructure of the projects. Speed Star belongs to Hell Factory and Starverse, uses JOC, SPEED, and STAR, and has historically been associated with Harmony. Delabs Games develops its own portfolio of games and the DELABS token, while its racing project is Rumble Racing Star. Therefore, the name “Delabs Speed Star” combines two independent ecosystems. For an accurate analysis of the Speed Star GameFi project, it should be considered separately from Delabs, without attributing another gaming studio's tokenomics, NFTs, or blockchain integrations to it.
