Wildcard moves NFTs from Polygon to Ethereum, shares token strategy

Playful Studios CEO Paul Bettner reveals he’s had to protect Wildcard from “unaligned incentives” that could have hijacked the game

article-image

Wildcard modified by Blockworks

share


This is a segment from The Drop newsletter. To read full editions, subscribe.


Wildcard has just migrated its Wildpass NFTs to Ethereum mainnet and is planning to launch a token. 

Wildcard is an upcoming, crypto-optional PVP battle game I’ve been following for years. You play as a character who can run around a 3D battlefield and throw cards that turn into powerful creatures that autobattle each other. People that spectate Wildcard matches can also be rewarded for watching and engage with the game. 

Wildcard is being developed by Playful Studios, whose CEO and co-founder, Paul Bettner, worked on games like Words With Friends, Age of Empires, and Lucky’s Tale.

Why is Wildcard still not out yet after more than two years? Building a fun game is hard, but in Bettner’s view, building a good game with crypto ties-ins makes it even harder. 

“I personally think it’s because it’s like building games while wandering through a minefield,” he tells me with a chuckle. “I’ve got two years of doing this under my belt and I’ve lost count of the number of times where unaligned incentives have attempted to hijack the game design and the focus [away from] just trying to create a truly fun game for a mass audience, because of crypto.” 

Simply put, Bettner wants to make a game that you’ll choose over anything else in your Steam library because it’s more fun.

“Crypto has this gravity to it, it has this set of forces that are constantly trying to tug the design of a consumer application, or a consumer product, especially like a game, in certain directions,” Bettner added. 

Source: Wildpass floor prices in Polygon

Wildcard initially released the Wildpass NFTs on Polygon back in 2023 — which gave up to 4,444 fans early access to the game’s development. Bettner calls these holders, and the game’s Discord server’s members, the “golden cohort.” They’re the core community he wants to make happy with the game.

Wildcard founders Bettner and his wife Katy Bettner previously attended the Game Developer’s Conference in the past as part of the Polygon booth, representing part of the chain’s gaming ecosystem (which then also included the now-cancelled shooter Deadrop, which launched Founders Passes on Polygon).

Now, the Wildpass NFTs are leaving Polygon. The team migrated them to the Ethereum mainnet on Monday and covered the cost of gas for the move for holders. 

Bettner tells me they’re not committing to any one EVM chain moving forward, but they see the Ethereum mainnet as a good spot for the genesis NFTs because of the chain’s liquidity. The mainnet has higher transaction fees than Polygon, though.

“The Wildpass is not intended to be an asset that people are trading every five seconds,” Bettner explains. For future Wildcard NFTs or rewards meant to be traded frequently, it’s likely the team will pick another EVM chain with lower fees.

Wildpass stats from Magic Eden on Monday before the move to ETH mainnet

Their WC token, which hasn’t been released yet, is unlike anything we’ve seen recently because this token will be 100% community-owned, with zero team allocation or VC involvement. And it’s not a memecoin, either.

“I’m hoping we can set a new standard here,” Bettner shares. The token won’t have team or VC allocations because he doesn’t want the Wildcard community to feel pitted against the team or investors financially if investors suddenly decide to cash out and send the token nosediving.

The recent favorable regulatory climate with Trump’s election and the shakeup at the SEC has also made the team more comfortable launching a token.

“It’s basically the opposite of a meme token,” Bettner says of the WC token. “It is directly connected to the Wildcard ecosystem and to the value that’s created in the Wildcard ecosystem.”

Bettner’s Playful Studios is also building Thousands, a blockchain-powered streaming platform like Twitch but with more incentives and rewards for both viewers and streamers.

I previously played an early version of Wildcard — and it’s solid. I’m a fan of MOBA- and arena-battler style games like Overwatch, and I love colorful sci-fi games where characters have special powers. So I am absolutely looking forward to the game’s full launch.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 24 - 26, 2026

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Flying_Tulip.png

Research

Flying Tulip's perpetual put option provides real principal protection, but investors must pay a valuation premium today for products that have to be built over the next 24 months. This structure works best as a stablecoin substitute where the put allows continuous monitoring—accept opportunity cost in exchange for asymmetric upside if the team executes on its ambitious cross-collateral architecture.

article-image

As flows consolidate and volatility fades, finding edge now means knowing which games are still worth playing

article-image

Value distribution came to $1.9 billion distributed in Q3, though total revenues have yet to beat 2021 heights

article-image

MegaETH public sale auction ends tomorrow, and the free money machine has attracted people who like free money

article-image

With tBTC under the hood, Acre abstracts bridging and converts non-BTC rewards to bitcoin

article-image

Accountable is also eyeing mid-November for mainnet launch

article-image

“Adjusted for size, I think it may be the most successful ETP launch of all time,” Bitwise CIO Matt Hougan says