Republic Republic Republic
  • Log in
Open account
Oops! We couldn’t find any results...
Can’t find a deal? Try advanced search.
Is something missing? Add your suggestion here.
Primary market Live deals Trading Buy and sell Republic Note Own a piece of Republic's upside
Republic Ventures Opportunities for accredited investors
Republic Capital Multi-stage venture firm
Wallet Manage your digital assets Mobile app Available on iOS or Android Learning center Explore investor resources FAQ Get your questions answered
Capital fundraising Raise on Republic Tokenized assets Design, launch, manage tokenized assets Sharedrops Gift equity as a reward Founder Academy A complete guide to raising funds
Advisory Access veteran web3 advisors Infrastructure Stake your digital assets Tokenization Deploy your assets on-chain
Republic Capital In-house Venture Capital fund Broker dealer Regulated capital services
Republic Republic Republic
Oops! We couldn’t find any results...
Can’t find a deal? Try advanced search.
Is something missing? Add your suggestion here.
  • US

  • Log in
  • Open account
All investors
Primary market Live deals Trading Buy and sell
Republic Note Own a piece of Republic's upside
Accredited only
Republic Ventures Opportunities for accredited investors
Institutional
Republic Capital Multi-stage venture firm
More
Wallet Manage your digital assets Mobile app Available on iOS or Android Learning center Explore investor resources FAQ Get your questions answered
Growth capital solutions
Capital fundraising Raise on Republic Tokenized assets Design, launch, manage tokenized assets Sharedrops Gift equity as a reward Founder Academy A complete guide to raising funds
Web3 services
Advisory Access veteran web3 advisors Infrastructure Stake your digital assets
Tokenization Deploy your assets on-chain
Institutional services
Republic Capital In-house Venture Capital fund
Broker dealer Regulated capital services

Emeroth Studios isn't accepting new investments

Emeroth Studios’ deadline was December 21, 2025

Follow the company to stay updated on their progress, including future investment opportunities


Explore new investment opportunities:
View companies raising now
Campaign ended
Logo of Emeroth Studios

Emeroth Studios

Design driven and player-centric game studio, crafting games for global scale.
Crypto Video Games Crypto B2C Apps
Facebook Telegram Twitter LinkedIn
Featured image of Emeroth Studios
$221,291
Committed
108
Investors
Successfully funded and closed on December 21, 2025.
Invest in Emeroth Studios

Open for investment

Investors in Emeroth Studios also invested in these companies. View more
Logo of OpenRange Social

OpenRange Social

Social Platform for the 54M Hunters, Anglers and Out...

Republic Funding Portal · Reg CF
Logo of The Sports Bra

The Sports Bra

The world's first sports bar fully dedicated to wome...

Republic Funding Portal · Reg CF
Logo of  Metaintro

Metaintro

The Bloomberg of Labor Markets - AI-powered workforc...

Republic Funding Portal · Reg CF
Logo of Rentberry

Rentberry

Invest Pre-IPO in the AI Revolution Transforming $13...

Republic Funding Portal · Reg CF
Logo of Happiness Insurance Inc.

Happiness...

The World’s Only Happiness Insurance®— a new categor...

Republic Funding Portal · Reg CF
Logo of FANTEC

FANTEC

Unlocking signal others can't detect.

Republic Funding Portal · Reg CF
Logo of Anodos Labs Inc

Anodos Labs Inc

Banks have had their time. Now, it's yours. One app,...

Republic Funding Portal · Reg CF
Logo of Code Blue

Code Blue

AI that calls for help when you can’t

Republic Funding Portal · Reg CF
Logo of Mintworks

Mintworks

$30T opportunity by 2030. We turn any asset into dig...

Republic Funding Portal · Reg CF
Logo of Lumida Wealth

Lumida Wealth

Lumida is Scaling. Invest in the AI Platform Disrupt...

Republic Funding Portal · Reg CF
Logo of Cognivix

Cognivix

Robots that learn new assembly tasks from one demons...

Republic Funding Portal · Reg CF
Logo of Wagyu Factory Miami

Wagyu Factory Miami

Miami-based Wagyu restaurant in large hospitality po...

Republic Funding Portal · Reg CF
Loading...
Pitch Updates
Invest Invest in Emeroth Studios
Facebook Telegram Twitter LinkedIn
Closed on December 21, 2025. Information may not be up-to-date. Campaign closed on December 21, 2025. Information displayed may not be up-to-date.
Opportunity The game Biz. model Vision & Strategy Investment Overview Traction Leadership Disclosures
About Team

Documents

Capital R (OpenDeal Broker LLC, CRD #291387) is hosting this Reg D 506(c) securities offering by .
Company documents
Subscription Agreement Emeroth - Supplement #1 to PPM.pdf Emeroth - Amended and Restated SAFE-T (Reg D).pdf Emeroth - PPM (Reg D)(FINAL).pdf RISK FACTORS Emeroth.pdf Form CRS.pdf Accreditation FAQs.pdf Disclosures & Disclaimers.pdf Additional Risk Disclaimers.pdf
Loading

Investment summary


  • From one game to many, we’re forging endless adventures
  • Flagship mobile roguelike achieved 240k+ downloads in early phases
  • Founded by industry veterans from Riot Games, Square Enix, Valve
  • One of the most beautiful and optimized survivor roguelikes on mobile
  • Made to be fun, built for gamers. Web3 tech you don’t notice
  • Competitive with unique features and unlimited sustainable rewards
  • From today to market in under a quarter, official launch on the horizon

OpenDeal Broker LLC charges you a two percent (2.5%) administrative fee on the gross principal transaction with a minimum fee of $5 and a maximum of $250. The fee is added to the total amount of your investment at checkout.

Deals involving blockchain technology, cryptocurrencies and/or digital assets such as Security Tokens, Utility Tokens, or NFTs are extremely speculative and present additional risks and may result in total loss of invested capital. PLEASE READ AND REVIEW THOSE RISKS HERE.  

This is an offering for the right to certain defined digital assets offered by Emeroth Studios Ltd. It is not an offering for a share, membership or partnership interest in Emeroth Studios Ltd. or any of its affiliates.

Deals involving crypto and/or digital assets such as NFTs are extremely speculative and present additional risks. Investor sophistication and enhanced independent reviews are highly recommended.

EMER Tokens may trade at lower prices on public token exchanges than the prices that the EMER Tokens are purchased in this Offering.

Shortly after this Offering, the Company may seek listing of the EMER Tokens on public exchanges. The EMER Tokens may trade at lower prices on those public exchanges than the prices contributors acquired them in this Offering, and Contributors would be unable to sell their EMER Tokens during the lockup and vesting periods.

This Issuer operates from a foreign jurisdiction; and therefore, many of your country's common laws may not apply or be enforceable.

Investments in private companies are particularly risky and may result in total loss of invested capital.

There may be other available opportunities that are similar to this investment but have different attributes, characteristics, cost factors, and fees.

*Click here for important information regarding Financial Projections which are not guaranteed*

Disclosures & Disclaimers

Opportunity


Emeroth Studios focuses on high-retention, unpolished genres like survivor roguelike, tower defense or brawl games chosen for their strong engagement, and viral potential where we can outperform the competition.

In our first title Catacomb Crawlers, we use modular AAA asset pipeline, inspired by Riot Games, enables us to reuse high-quality assets across multiple titles, reducing dev time and cost while maintaining top-tier quality.

Our long-term vision is a connected portfolio of premium games with shared assets, unified design, and high cross-title engagement built to scale fast and stand out globally.


The game


Catacomb Crawlers, our debut title, is an online action RPG with roguelike mechanics, where players dive into dungeons filled with monsters, traps, and treasures. It’s the first mobile roguelike survivor delivering top-tier quality and performance on par with competitive industry leading titles like League of Legends, bringing console-grade gameplay to the palm of your hand.

As you level up during each run, you earn wildcards powerful abilities or upgrades that enhance your character. Choosing the right wildcard based on your hero, AI companion, and gear is key to survival and mastery.
Your browser does not support HTML5 video.

Your browser does not support HTML5 video.


Business model


Emeroth Studios generates revenue through 6 integrated monetization streams, blending traditional in-game purchases with Web3-powered features:

As a growing studio, we're actively developing new titles that will join the shared economy and expand these revenue streams even further.


Vision & Strategy


From Web3 Game to Game First: Sustainable Titles with Web3 Utility

Investment Overview


Traction


200k+ downloads from one initial test ad campaign

As part of a focused marketing test, the game achieved over 200k downloads in under four weeks through low-cost acquisition campaigns, gathering valuable user feedback and demonstrating strong market appeal, with a CPI as low as $0.06.

Additional influencer marketing tests with renowned gaming creators, including Max Palaro, xSlayder, Adeh, Santivis, and others, generated a further 40k+ downloads at a CPI of just $0.15.

Leadership


Years of experience in gaming, technology, and Web3

Emeroth Studios is led by a diverse, accomplished leadership team in gaming and Web3. The team brings years of expertise from globally-recognized companies such as Riot Games, Square Enix, Valve, and Frostburn Studios.

Disclosures


This notice should not be construed as an offering of securities or as investment advice or any recommendation as to an investment or other strategy by OpenDealBroker LLC dba the Capital R ("ODB"). OpenDeal Broker LLC is compensated in cash commission and tokens issued by Emeroth Studios Ltd. Emeroth Studios Ltd. will pay OpenDeal Broker LLC: A cash fee the greater of (A) $12,000.00 or (B) pursuant to the following schedule: a) For the dollar value of the tokens sold to Investors pursuant to the combined proceeds of the Offerings up to but not in excess of $100,000.00: i) zero percent (0.0%) to ODB; and b) For the dollar value of the tokens sold to Investors pursuant to the combined proceeds of the Offerings greater than $100,000.00: i) six percent (6.0%) to ODB (collectively, the “Cash Commission”) per Offering, and 2% of the dollar value issued in securities/tokens to Investors pursuant to each Offering at the time of closing (as such terms are defined in the offering engagement agreement between ODB and Emeroth Studios Ltd.)

Emeroth Studios Ltd. has engaged ODB to conduct an offering ("the offering") of digital assets EMER Tokens issued by Emeroth Studios Ltd. to eligible persons on the Republic platform (the "Platform").

The offering will be in digital assets EMER Tokens issued by Emeroth Studios Ltd. and not equity in the company Emeroth Studios Ltd., or any other entity.

This is a speculative, risky investment and may be illiquid or pricing may substantially fluctuate in value. You may lose money.

All broker-dealer related securities activity is conducted by OpenDeal Broker LLC, an affiliate of OpenDeal Inc. and OpenDeal Portal LLC, and a registered broker-dealer, and member of FINRA | SiPC, located at 149 5th Avenue, 10th Floor, New York, NY 10010, please check our background on FINRA’s BrokerCheck. Investments in private companies are particularly risky and may result in total loss of invested capital. Past performance of a security or a company does not guarantee future results or returns. Only investors who understand the risks of early stage investment and who meet the Republic's investment criteria may invest.  Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC verify information provided by companies on this Site and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Site can be found by searching the EDGAR database, or the offering documentation located on the Site when the offering does not require an EDGAR filing.

https://www.finra.org/#/
https://www.sipc.org/

THIS OFFERING IS CONDUCTED PURSUANT TO RULE 506(C) OF REGULATION D PROMULGATED UNDER THE SECURITIES ACT AND IS LIMITED SOLELY TO ACCREDITED INVESTORS AS DEFINED IN REGULATION D UNDER THE SECURITIES ACT. ONLY PERSONS OF ADEQUATE FINANCIAL MEANS WHO HAVE NO NEED FOR PRESENT LIQUIDITY WITH RESPECT TO THIS INVESTMENT SHOULD CONSIDER PURCHASING THE $EMER TOKENS OFFERED HEREBY BECAUSE: (I) AN INVESTMENT IN THE EMER TOKENS INVOLVES A NUMBER OF SIGNIFICANT RISKS; AND (II) NO MARKET FOR THE EMER TOKENS CURRENTLY EXISTS, AND EVEN IF ONE WERE TO DEVELOP, THE EMER TOKENS OFFERED HEREBY ARE SUBJECT TO TRANSFER RESTRICTIONS AS DESCRIBED HEREIN. THIS OFFERING IS INTENDED TO BE AN OFFERING THAT IS EXEMPT FROM REGISTRATION UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS.

This Offering is limited solely to Purchasers who are “accredited investors” as defined in Regulation D. To be eligible to participate in the Offering, you will be required to represent to the Company in writing that you are an accredited investor and must have provided a third-party certification attesting to such status as required by Rule 506(c). You must also represent in writing that you are (i) purchasing the Subscription Agreements for your own account and not for the account of others and not with a view of reselling or distributing the $EMER Tokens, (ii) not domiciled or a citizen of a country in which cryptocurrency offerings are illegal, and (iii) not from countries which the Office of Foreign Assets Control has deemed a “sanctioned” country.

In order to qualify as an “accredited investor,” a potential Purchaser must meet one of the following conditions of the date on which the Token Purchase Agreement is executed and as of the date of the purchase:

(i) Individual – Income Test. An individual who had an income in excess of $200,000 in each of the two most recent years (or joint income with his or her spouse in excess of $300,000 in each of those years) and has a reasonable expectation of reaching the same income level in the current year;

(ii) Individual – Net-Worth Test. An individual who has a net worth (or joint net worth with his or her spouse) in excess of $1,000,000 (excluding the value of such individual's primary residence);

(iii) IRA or Revocable Company. An Individual Retirement Account (“IRA”) or revocable Company and the individual who established the IRA or each grantor of the Company is an accredited investor on the basis of (i) or (ii) above;

(iv) Self-Directed Pension Plan. A self-directed pension plan and the participant who directed that assets of his or her account be invested in the Partnership is an accredited investor on the basis of (i) or (ii) above and such participant is the only participant whose account is being invested in the Partnership;

(v) Other Pension Plan. A pension plan which is not a self-directed plan and which has total assets in excess of $5,000,000;

(vi) Irrevocable Company. An irrevocable Company which consists of a single Company (a) with total assets in excess of $5,000,000, (b) which was not formed for the specific purpose of investing in the Partnership, and (c) whose purchase is directed by a person who has such knowledge and experience in financial and business matters that he or she is capable of evaluating the merits and risks of the prospective investment;

(vii) Corporations and Other Entities in General. A corporation, partnership, limited liability Company or Massachusetts or similar business Company, that was not formed for the specific purpose of acquiring an interest in the Partnership, and which has total assets in excess of $5,000,000; or

(viii) Entity Owned by Accredited Investors. An entity in which all of the equity owners are accredited investors. OpenDeal Broker LLC is a New York limited liability company. Neither OpenDeal Broker LLC nor Republic Crypto LLC d/b/a Republic Advisory Services (“Republic Advisory Services”) nor any of their affiliates has independently verified any of the information provided or makes any assurances as to the completeness, accuracy or reliability of any such information provided by the Company.

Deal terms


Security
SAFE-T

Security type

Allocation
$1.2M

The total investment amount in Emeroth Studios being offered to investors 

Deadline
December 21, 2025
Emeroth Studios needs to reach their minimum funding goal before the deadline\. If they don’t, all investments will be refunded.
Learn more
Minimum investment
$150
The smallest investment amount that Emeroth Studios is accepting.
Learn more
Maximum investment
$480K
The largest investment amount that Emeroth Studios is accepting.
Learn more
Token Offering Price
0.0012
Equity Allocation Terms
See Description

For every $120,000 (USD) invested, the Investor shall be entitled to a fixed equity allocation equal to 1% of the total issued and outstanding equity of the Company up to a maximum allocation of 10% of such issued equity. Equity allocations will be adjusted pro rata based on the Investor's Purchase Amount. Review offering documents for more detail.

Powered by Froala Editor

Documents

Capital R (OpenDeal Broker LLC, CRD #291387) is hosting this Reg D 506(c) securities offering by .
Company documents
Subscription Agreement Emeroth - Supplement #1 to PPM.pdf Emeroth - Amended and Restated SAFE-T (Reg D).pdf Emeroth - PPM (Reg D)(FINAL).pdf RISK FACTORS Emeroth.pdf Form CRS.pdf Accreditation FAQs.pdf Disclosures & Disclaimers.pdf Additional Risk Disclaimers.pdf

About Emeroth Studios

Legal Name
Emeroth Fintech Studio SRL
Founded
Dec 2023
Form
Romania Limited Partnership
Employees
1
Website
catacombcrawlers.com
Social Media
Headquarters
Google Map location of of Emeroth Studios
BUCUREȘTI, sector 2, Str. POIANA CU ALUNI, Nr. 6 Block 17, 4th floor, Suite 2, Stair 3 , Bucharest, Bucharest
Headquarters
BUCUREȘTI, sector 2, Str. POIANA CU ALUNI, Nr. 6, Block 17, 4th floor, Suite 2, Stair 3, Bucharest, Bucharest, Romania 022875

Emeroth Studios Team
Everyone helping build Emeroth Studios, not limited to employees

Profile picture of Cirjaliu Alexandru Catalin
Cirjaliu Alexandru Catalin
Co-Founder
Over 10 years of experience in 2D/3D animation and game development. At Refractart, he worked on top titles like League of Legends, Valorant, Mobile Legends, and Heroes of Newerth.
Profile picture of Mitu Florin
Mitu Florin
Co-Founder
Blends a lifelong passion for gaming and market growth. A dedicated gamer with outstanding skills in game testing and research, he combines a player’s intuition with data-driven strategy.
Profile picture of Carbunariu  Alexandru
Carbunariu Alexandru
CMO
Our Web3 marketing and blockchain expert, Alex, also serves as the Country Lead for OKX in Romania. With prior roles at Trading 212, Libertex, and Bitget, he is widely recognized for his engaging presentations and exceptional marketing skills.
Profile picture of Dumitrescu Rares
Dumitrescu Rares
CTO
An experienced IT specialist with over 20 years in the field and a background at IBM and Natek. As CTO, he oversees technical architecture and infrastructure, ensuring stability and scalability across all development pipelines.
Profile picture of Gomezel Luka
Gomezel Luka
Lead Artist
Luka is a 3D Senior Artist with strong expertise in character and environment design, having worked on major titles such as Heroes of Newerth. He oversees the visual development of our games.
Profile picture of Christos Pappas
Christos Pappas
Lead Game Developer
Christos is a Senior C# developer with over 10 years of experience. He worked closely with the Refractart team on asset integration for top-tier games as a freelancer.
3 more team members
Cirjaliu Alexandru Catalin
Co-Founder
Mitu Florin
Co-Founder
Carbunariu Alexandru
CMO
Dumitrescu Rares
CTO
Gomezel Luka
Lead Artist
Christos Pappas
Lead Game Developer
Logo of Emeroth Studios

Emeroth Studios

Emeroth Studios successfully raised $221,292 from 108 investors on December 21, 2025
Republic

Giving everyone access to early-stage startup investing

For investors
  • Why invest
  • How it works
  • FAQ
  • Risks
  • Privacy policy
  • Accessibility
  • Cookie Preferences
  • Form CRS
For startups
  • Why raise
  • Learn
  • FAQ
  • Tokenized assets
Company
  • About
  • Insights
  • Events
  • Contact
  • Security
  • We're hiring!
Dollar Refer a startup, get $2,500
Dollar Refer a startup, get $2,500

Invest in the app

Android app iOS app

Invest in the app

Android app iOS app

This site (the "Site") is owned and maintained by OpenDeal Inc., which is not a registered broker-dealer. OpenDeal Inc. does not give investment advice, endorsement, analysis or recommendations with respect to any securities. All securities listed here are being offered by, and all information included on this Site is the responsibility of, the applicable issuer of such securities. The intermediary facilitating the offering will be identified in such offering’s documentation.

All related securities activity is conducted by OpenDeal Broker LLC a registered broker-dealer, Member of FINRA and SiPC, an affiliate of OpenDeal Inc. and OpenDeal Portal LLC, located at 149 5th Avenue, 10th Floor, New York, NY 10010. Please check our background on FINRA’s BrokerCheck.

Certain pages discussing the mechanics and providing educational materials regarding regulation crowdfunding offerings may refer to OpenDeal Broker LLC and OpenDeal Portal LLC collectively as “Republic”, solely for explanatory purposes.

Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC make investment recommendations and no communication, through this Site, or in any other medium, should be construed as a recommendation for any security offered on or off this investment platform. Investment opportunities posted on this Site are private placements of securities that are not publicly traded, involve a high degree of risk, may lose value including the total loss of invested capital, are subject to holding period requirements and are intended for investors who do not need a liquid investment. Past performance is not indicative of future results. Investors must be able to afford the loss of their entire investment. Only qualified investors, who understand the risks of early-stage investment and who meet the Republic's investment criteria may invest. Investors may be restricted to only Accredited Investors or non-U.S. persons, to invest in offerings hosted by OpenDeal Broker. Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC, nor any of their officers, directors, agents and employees make any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy or completeness of any information on this Site or the use of information on this site. Offers to sell securities can only be made through official offering documents that contain important information about the investment and the issuers, including risks. Investors should carefully read the offering documents. Investors should conduct their own due diligence and are encouraged to consult with their tax, legal and financial advisors.

By accessing the Site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. Please also see OpenDeal Broker’s Business Continuity Plan and Additional Risk Disclosures. All issuers offering securities under regulation crowdfunding as hosted by OpenDeal Portal LLC are listed on the All Companies Page. The inclusion or exclusion of an issuer on the Platform Page and/or Republic’s Homepage, which includes offerings conducted under regulation crowdfunding as well as other exemptions from registration, is not based upon any endorsement or recommendation by OpenDeal Inc, OpenDeal Portal LLC, or OpenDeal Broker LLC, nor any of their affiliates, officers, directors, agents, and employees. Rather, issuers of securities may, in their sole discretion, opt-out of being listed on the Platform Page and Homepage.

Investors should verify any issuer information they consider important before making an investment.

Investments in private companies are particularly risky and may result in total loss of invested capital. Past performance of a security or a company does not guarantee future results or returns. Only investors who understand the risks of early stage investment and who meet the Republic's investment criteria may invest.

Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC verify information provided by companies on this Site and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Site can be found by searching the EDGAR database, or the offering documentation located on the Site when the offering does not require an EDGAR filing.

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. Therefore, when you use the Services we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license, passport or other identifying documents.

Republic and its affiliates are not and do not operate or act as a bank. Certain banking services are provided by BitGo Trust Company, a South Dakota-chartered trust company and registered money services business. BitGo Trust Company is not an FDIC member. Digital (crypto) assets and investment products are not insured by the FDIC, may lose value, and are not deposits or other obligations of BitGo Trust Company and are not guaranteed by BitGo Trust Company. Terms and conditions apply.

Invest in startups using your credit card
You can invest using your credit card

Made in SF/NYC