words Al Woods

Today, the gaming industry is moving towards Web3 platforms to build an ecosystem based on blockchain technology for internet users, an open ledger that is extremely secure and decentralized. Gamers around the world have participated in the shift from Web 2.0 to Web 3.0, following the recognition of the launch of play-to-win games.

All thanks to the decentralized nature of blockchain technology, users can now own NFTs, which are governed by smart contracts. These smart contracts allow players to trade and own digital tokens by keeping track of and verifying ownership on an open ledger. Many celebrities, businesses, and the gaming industry are now successfully using NFTs to engage with new audiences and create new revenue streams. The interest rate and excitement of owning NFTs has seen a considerable increase as they have provided an investment opportunity for users. Due to the confluence of blockchain, tokens, and AI, game companies are aiming to produce more Web 3 games for the audience.

With the same intention, Umberto Canessa Cerchi founded The Kryptomon Company in 2021. With Kryptomon Genesis as his first released game, a web3 game to play and win. This gaming company is known for its in-game economy, $KMON, which uses cryptocurrencies based on the Binance Smart Chain. Kryptomon has brought together the best of all-time favorite games like Pokémon, Tamagotchi, and CryptoKitties for inspiration for its audience. Cryptomones are collectible virtual monsters that come to life as non-expendable tokens. Its 38 different digital genetic codes give each Kryptomon its own distinctive characteristic. Cryptomones consist of 38 random parameters that determine your strength in battle, learning potential, IQ, and reproductive potential. They all have a unique structure with a variable genetic code. They can learn, get sick and starve, and protect their trainers.

The official launch of Kryptomon comes after two successful initial NFT egg sales on Binance NFT, the world’s largest cryptocurrency exchange NFT marketplace. The first sale was made on November 8, 2021, resulting in 2,000 NFT eggs sold in less than 1 second. The event successfully generated $180,000 in sales, one of the fastest sales in Binance NFT history. The second egg sale launched on February 8, 2022. It generated $237,500 in sales and 2,500 eggs were sold. He had set another benchmark for Kryptomon.

Being involved in the NFT market, the platform also makes it easy for Kryptomon players to trade, sell, and mint their NFTs through their native KMarket after purchasing their main creature. The platform has onboarded advisors and investors who are C-level executives at industry-leading companies like Sony PlayStation, Citigroup, Simplex, PLAYSTUDIOS, PokerStars, NFX, etc.

Becoming one of the first companies to collaborate with TikTok to test the Web3 game advertising strategy, Kryptomon has also launched its mobile game on the Google Play Store for Android and a public Apple TestFlight for iOS.

Continuing the growth of its gaming platform, the Kryptomon team has expanded its advisory board with gaming veterans, including former PlayStation CTO Shinichi Okamoto and, most recently, Raz Friedman. Combining the first “Walk to Earn” blockchain model for users to earn NFT tokens, $KMON, in-game items, and new features, Kryptomon integrates real-world gameplay and metaverse capabilities to create a rich community experience. through monthly treasure hunts. Kryptomon has also expanded its lore along with the treasure hunt, releasing the first issue of the story titled Eve’s journey. These new releases reveal more about the game and its characters each month.

The Kryptomon Company has partnered with six leading NFT marketplaces to allow players and merchants to easily trade their Kryptomon eggs. An example of this is the partnership that Kryptomon closed with Simplex, a licensed financial institution, which empowers its extensive network of partners to accept the widest range of payment methods, now allowing Kryptomon users to purchase their first cryptocurrency. ($KMON or NFT) directly. the use of credit/debit cards as a step to remove the bottleneck to incorporate web2 players in the web3 industry. Such continuous efforts to excel in the gaming industry have enabled Kryptomon to create the next step in the evolution of crypto gaming through the use of advanced blockchain, digital genetics, and location-based technologies.