-56%

est. 2Y upside i

Series A

Faraway is an interoperable gaming ecosystem for players, creators and studios.

Rank

#1027

Sector

Gaming

Est. Liquidity

~4Y

Data Quality

Data: Medium

Faraway operates in the high-growth blockchain gaming sector, projected to expand significantly.

Last updated: March 10, 2026

Bull (30%)+300%

Faraway successfully leverages its strong competitive moat, including player-driven economies and the Fchain blockchain, to achieve market leadership in the rapidly growing Web3 gaming sector. New game launches like 'Dookey Dash: Unclogged' and 'Serum City' gain massive user adoption, and the RIFT AI Platform drives significant creator engagement and revenue share. This propels revenue to over $100M by 2028, justifying a $1B+ valuation at a 10x revenue multiple, well above the current estimated $250M.

Base (40%)+50%

Faraway maintains its position as a notable player in the blockchain gaming space, with steady growth in user base and NFT sales. While facing continued competition from both Web3 and traditional incumbents, the company's unique ecosystem and browser-based approach secure a niche. Revenue grows to approximately $20M-$30M by 2028, leading to an acquisition or IPO at an estimated $375M valuation, representing a moderate return.

Bear (30%)-80%

The evolving regulatory landscape for blockchain and NFTs creates significant headwinds, coupled with a prolonged downturn in the broader crypto market. User adoption for new games is slower than anticipated, and well-funded traditional gaming incumbents enter the Web3 space more aggressively, commoditizing key features. This results in a down round or acquisition at a distressed valuation of $50M, wiping out most common stock value given the $30M in liquidation preferences.

Est. time to liquidity~3.5 years

Preference Stack Risk

moderate

Investors hold $30M in liquidation preferences. In an exit at or below $30M, common stock would receive little or nothing. At an estimated $250M valuation, common stock would participate after the $30M preference.

Dilution Risk

moderate

As a Series A company with $30M raised, further funding rounds are likely before an exit, which will lead to additional dilution for existing equity holders.

Secondary Liquidity

none

There is no indication of active secondary markets or tender offers for Faraway's equity at this stage.

Questions to Ask at the Interview

Strategic questions based on Faraway's data — designed to show you've done your homework.

  • 1

    Faraway has strategically focused on browser-based games and its own blockchain ecosystem to mitigate incumbent threat. How do you see this strategy evolving as traditional gaming giants like Epic Games or Microsoft (Xbox) potentially deepen their Web3 integrations or acquire promising blockchain studios?

  • 2

    With ~$1.2M in revenue and a significant amount of funding raised, what are the key metrics and milestones the company is prioritizing over the next 12-18 months to demonstrate accelerated revenue growth and user adoption, especially with the recent RIFT AI Platform and token launch?

  • 3

    Given the Series A funding in 2021 and the current market conditions, how does Faraway envision the path to a liquidity event for employees, and what are the company's plans regarding potential future funding rounds or secondary liquidity options?

Community

Valuation Sentiment

Our model estimates -56% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.