Revolving Games has postponed its long-awaited Token Generation Event (TGE) for the $RCADE token by three weeks. The announcement came via an X post on May 19 from co-founder and co-CEO Ammar Zaeem, who framed the delay as a "strategic decision" that would unlock new "partner opportunities".
Originally set for May 22, this marks the second time Revolving Games has delayed the TGE. While the move has sparked concern among fans and early investors, the team insists the decision supports broader growth.
"This isn't a step back. It's a step toward a better opportunity," Zaeem wrote, citing the opening of more "high-value partner opportunities" as a main reason for the revised timeline.
Zaeem also revealed that $250,000 was injected into NFT liquidity on Blur to counter short-term trading activity. Updates were also made to the TGE bonuses for NFT holders to create a fairer balance between gamers and collectors.
But community backlash was swift. Some fans fear market momentum will cool by mid-June, potentially weakening early gains. Others have demanded stronger commitments that no further delays will occur.
Revolving Games is a San Francisco-based blockchain gaming company with global reach, including teams in Asia, Los Angeles, and Canada. The studio aims to merge the best of web2 and web3 gaming, combining high production values with the benefits of web3 technology.
Backed by notable investors like Animoca Brands, Dapper Labs, and Pantera Capital, Revolving Games strives to be a serious player in the blockchain gaming space.
The studio operates two development teams and more than 150 staff members. It's building a web3 gaming ecosystem centered around its native $RCADE token and custom blockchain infrastructure known as the RCADE Chain.
Key components include:
These tools work together to create a seamless ecosystem for both developers and players.
Revolving is making several original titles, all tied into its RCADE-based ecosystem:
War of Nova
A sci-fi 4X strategy game that recently went live and pulled in nearly $500,000 in its first 60 hours. It acts as a key utility sink for $RCADE tokens and showcases the potential of blockchain game economies.
Hatchlings and HatchKings
Hatchlings is a lighthearted dragon care sim where players raise digital pets and compete on leaderboards. HatchKings builds on this concept with social slot mechanics, daily rewards, and collectible dragon NFTs. The in-game currency $HATCH reached a $100M FDV in under a month through community support.
Skyborne: Phoenix Flight
Set to launch in Q3 2025, this social exploration RPG combines life-sim gameplay with blockchain features. Inspired by games like Zelda and Animal Crossing, it's designed for mass appeal while including blockchain from day one.
According to the team, the $RCADE token plays a central role in the ecosystem:
Zaeem's post hints that June offers a better launch window with more security and partnership backing. He noted that delaying the TGE impacts the team through vesting and costs, but emphasized that integrity and long-term value take priority.
The team also plans to update the node and NFT unlock schedules to reflect the delay. While there's still no locked date, the team says updates are coming soon.