DOVER, Del.--(BUSINESS WIRE)--Ready Makers Inc., a blockchain gaming technology company, secured an emergency court order on January 3 from the Delaware Court of Chancery against Ready Maker (Gibraltar) Limited. The order requires Ready Gibraltar, which operates as PLAY Network under the direction of Christina Macedo, Ready Makers' former Chief Operating Officer, to restore the company's access to critical blockchain gaming technology and infrastructure, including GitHub repositories, cloud systems, and domain accounts.
The Delaware Court of Chancery ruling follows Ready Gibraltar's December launch of the $PLAY cryptocurrency token, which Ready Makers alleges violated contractual obligations to its investors. Ready Makers had entrusted Macedo to operate the Gibraltar entity for a planned token listing after raising $8.5 million from gaming industry leaders including Strauss Zelnick (Take-Two Interactive Chairman), BITKRAFT Ventures, and prominent investors to develop technology enabling game publishers to integrate blockchain features.
"Ready Games developed this infrastructure with funding from leading gaming investors. Ready Gibraltar seized control of that technology and falsely claimed to have developed it independently," said David S. Bennahum, Ready Games' Founder. "We are grateful to the court for its swift action to protect our intellectual property rights. While this enforcement of Ready's rights is necessary, the fundamental mission of the platform remains unchanged. Our goal continues to be building an inclusive, sustainable platform that serves both gamers and token holders in the broader web3 gaming ecosystem.
"We stand fully behind Ready Makers in this matter," said Scott Rupp, Founding General Partner of BITKRAFT Ventures, a leading global gaming VC firm. “We remain fully committed to Ready's vision of empowering game developers with seamless blockchain integration tools,” Rupp added.
The case is Ready Makers Inc. v. Ready Maker (Gibraltar) Limited, No. 2024-1355-PAF, Delaware Court of Chancery.
About Ready Makers Inc. Ready Makers Inc., founded in 2016, and operating as Ready Games, develops technology that enables game publishers to seamlessly integrate blockchain features into existing games. The company's investors include gaming and media industry leaders Take-Two Interactive Chairman Strauss Zelnick, BITKRAFT Ventures, Comcast Ventures, Eldridge Industries, Front Range Ventures, and prominent angel investors such as Jason Calacanis’ LAUNCH Fund.