Fableborne Unleashes Beta After $21.5M Token Presale Smash

Another Web3 gaming contender just punched through the velvet rope. Fableborne—the latest 'play-to-own' RPG—has thrown open its beta testing gates, hot on the heels of a token presale that vacuumed up a cool $21.5 million from eager investors.
From Whitelist to War Room
The move marks a critical transition from promise to product. For months, the project traded on slick trailers and ambitious roadmaps. Now, it's handing the controllers to the community. The beta launch is the first real stress test for its core mechanics and tokenomics—a chance to see if the gameplay can actually justify the financial hype.
The Presale Paradox
Let's talk about that $21.5 million. In traditional gaming, that kind of war chest funds years of development. In crypto, it's often just the opening bet. The presale success proves there's capital hungry for the next Axie Infinity. It doesn't prove players will stick around once the token rewards dry up. The real game begins now: converting speculative dollars into sustainable engagement.
A Bullish Signal in a Cynical Market?
For crypto natives, a smooth beta launch following a hefty raise is a bullish pattern. It shows executional muscle. It suggests the team can deliver more than just a whitepaper and a Discord server. In a sector littered with vaporware, a live, playable product is a rare and valuable asset.
Of course, the finance crowd will watch the token unlocks with hawkish eyes—nothing fuels a sell-off like early backers rushing for the exits. But for true believers, this is where the fable gets written. The beta isn't just a test; it's the first chapter of Fableborne's attempt to build an economy that's fun first, finance second. Good luck with that.
Fableborne offers optional Web3 engagement
Fableborne is the gaming component of the POWER ecosystem, an integrated program that merges gaming, Web3 activity, and AI to offer a new generation of scalable consumer apps. The game uses the POWER protocol for incentives linked to progression, offering long-term ownership. On-chain ownership is optional for players.
Punia also said Fableborne is aiming for experience as a priority, later adding the option for ownership. Players can choose to engage with the POWER token, which will also be used as a reward for engagement, content creation, and programmable rewards.
Season 4 is already open, available for all players with a Pixion ID. The Fableborne Guild Season will begin on December 8, with $15,000 in Diamond incentives to sponsor gaming guilds.
Fableborne relies on previous VC funding
Fableborne planned its return in 2025, long after other games had tested less viable models. The game raised $12.4M in this year’s round, for a total of $17.9M from VC funds.
The game’s private placement raised additional funds, preparing for a competitive launch.
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