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Metaverse News

Kryptomon Leading the Web3 and NFT-powered Gaming Revolution

Today, the gaming industry is transitioning to Web3 platforms in order to create an ecosystem based on blockchain technology for internet users, a highly secure, decentralized, open ledger. After the launch of play-to-earn games, gamers from all over the world have engaged in the transition from Web 2.0 to Web 3.0.

Thanks to blockchain’s decentralization, consumers can own NFTs managed by smart contracts. These smart contracts let gamers trade and possess digital tokens by confirming ownership on an open ledger. Many celebrities, corporations, and the gaming industry use NFTs to reach new audiences and develop new revenue streams. NFTs have increased users’ interest and excitement since they become an investment potential. Due to blockchain, tokens, and AI, gaming companies aspire to make more Web 3 games.

The official launch of Kryptomon follows two successful NFT egg sales in Binance NFT, the world’s largest NFT marketplace. 2,000 NFT eggs were sold in less than 1 second during the initial sale on November 8, 2021. This event achieved $180,000 in sales, one of Binance NFT’s fastest. The second egg sale began in 2022. It sold $237,500 worth of eggs. This raised the bar for Kryptomon.

Kryptomon players can trade, sell, and mint NFTs through their native KMarket after purchasing their primary creature. The platform has c-level advisors and investors from Sony PlayStation, Citigroup, Simplex, PLAYSTUDIOS, PokerStars, NFX, etc.

Kryptomon is one of the first companies to work with TikTok to test Web3 gaming advertising. Its mobile game is available on Google Play for Android and Apple TestFlight for iOS. Kryptomon’s advisory board includes former PlayStation CTO Shinichi Okamoto and Raz Friedman. Kryptomon combines real-world gameplay with metaverse capabilities to provide a rich communal experience through monthly treasure hunts. Kryptomon has also expanded its lore, producing Eva’s Journey. Monthly updates expand on the game and its characters.

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About Tina

Kryptomon Leading the Web3 and NFT-powered Gaming RevolutionTina concentrates on all matters related to NFT and Web3. Tina uses social media to spot NFT trends and report unique news.

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