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Kryptomon launches Stage 1 of its play-to-earn living NFT game

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Kryptomon launches Stage 1 of its play-to-earn living NFT game
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Kryptomon, the NFT play-to-earn blockchain game where Pokémon meets Tamagotchi and CryptoKitties, launches Stage 1 of its NFT gaming metaverse. As the first project to create a living NFT on the blockchain, players can breed, care for, and train their Kryptomons, NFT creatures with unique characteristics and abilities.

Kryptomon’s official launch arrives on the heels of two successful initial NFT egg sales on Binance NFT, the NFT marketplace of the world’s largest cryptocurrency exchange. The debut sale in November 2021 resulted in 2,000 NFT eggs selling out in under 1 second and generating $180,000 in sales, one of the fastest sales in Binance NFT’s history. A second egg sale launched on February 8, 2022 generated $237,500 in sales again under 1 second for 2,500 NFT eggs sold, setting another benchmark for Kryptomon.

Kryptomon merges the core design concepts behind Tamagotchi and Pokémon, reimagining them for the modern era of blockchain gaming, and bringing players an entire gaming Metaverse they can own a part of. Kryptomons are collectible virtual monsters, living NFTs with features defined by a unique 38-random parameter digital genetic code. The platform conducts monthly augmented reality treasure hunts during every full moon, sending players, armed with their smartphones and crypto wallets, on a real-world quest for loot boxes with consumables and NFT Kryptomon eggs.

As part of the Stage 1 release campaign, players receive daily loot boxes with valuable consumables, including food, bandages, and training cards for their Kryptomon. The more Kryptomons users collect, the more loot boxes they receive daily. Players use the consumables to feed and train their Kryptomon, forging stronger bonds with their living digital companions. This will benefit players in Stage 2, with the release of a full-fledged combat system. If trainers neglect their Kryptomon, the creatures will freeze, with players having to pay a fee to unfreeze and continue using them.

Starting on the 15th of February, players will be able to breed their Kryptomon NFTs and begin selling the new NFT eggs they generate on any of the 7 NFT marketplaces that have partnered with Kryptomon, including Kryptomon’s official KMarket marketplace. On the same date Kryptomon will release its “Play to Earn” (P2E) mechanics to the game, making it possible for players to start earning money in the form of $KMON tokens and NFTs as they enjoy the game.

Kryptomon’s marketplace enables Kryptomon NFT trading, purchases, and $KMON token staking to participate in NFT lotteries and generation of “candies,” which are used as in-game currency to purchase loot-boxes and items.

Incorporating a first-of-its-kind blockchain “Walk to Earn” model for users to earn NFTS, $KMON tokens, in-game items and new features, Kryptomon integrates real-world gameplay and Metaverse capabilities to create an immersive community experience through monthly treasure hunts. Alongside the treasure hunt, Kryptomon expands its lore, releasing the first issue of its comic book series titled Eva’s Journey. Each month, new issues will reveal more about the game’s backstory and characters while giving readers helpful gameplay tips.

Moving ahead with its gaming platform, the Kryptomon team has expanded its advisory board with gaming veterans including Shinichi Okamoto, former CTO of PlayStation, and more recently Raz Friedman, CPO of gaming platform giant Playtika. Friedman joined the advisory board of Kryptomon following months of close mentorship and an early seed investment in the project, bringing over a decade of experience at Playtika and a key figure in expanding the platform’s market cap to $7 billion dollars.

“We’re ecstatic for the Stage 1 launch of the game,” says Umberto Canessa, Founder & CEO of Kryptomon. “Being able to interact, breed and earn with their living NFTs is a huge step for the trainers, and is just the beginning for the metaverse that we are putting together, update by update. We believe that AR and blockchain will revolutionize gaming, and we spearhead this change with a game built on beloved mechanics.”

Asia

Fandoms Unite at the Inaugural NEXUS FAN FAIR, Organised by Philippine Blockchain Week 2023, in Manila on Sept. 19-21

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Pop culture universes will collide when the first-ever NEXUS FAN FAIR launches in the Philippines. Presented by Tier One Entertainment and organised by Philippine Blockchain Week 2023 (PBW) from September 19 to 21 at the MGBX Convention Hall in Newport World Resorts’ Marriott Grand Ballroom, NEXUS FAN FAIR will be an epic celebration for fans of gaming, technology, entertainment, music and more.

Fans of every kind will enjoy browsing the expo area, where merchant booths will offer a variety of games, merchandise and other collectibles. The electrifying event will feature top tier talents such as world champion-caliber esports team Blacklist International, alongside renowned streamers and content creators. Ticket holders will have the exclusive opportunity to win exciting giveaways and collectibles unavailable anywhere else. In addition, the community stage will host a series of engaging talks and panel discussions featuring handpicked artists, influencers and celebrities, all of whom will be available for Meet-and-Greets.

Meanwhile, at Philippine Blockchain Week, K-Pop followers will get a special treat with the debut Southeast Asian performance of the TripleS sub-unit EVOLution, hot on the release of their sister sub-unit LOVElution’s first album. As a special bundle, tickets for NEXUS FAN FAIR will be free of charge for fans who purchase an EVOLution concert ticket.

Since 2017, Tier One Entertainment has led the field in esports and gaming entertainment in Southeast Asia. With NEXUS FAN FAIR, Tier One will solidify their position as the premiere destination for pop culture lifestyle.

NEXUS FAN FAIR is organised by Philippine Blockchain Week 2023 with the participation of platinum sponsors Smart Communications and Philippine Airlines; gold sponsors Metafarms and TierOne Entertainment; and bronze sponsors Gala Games, Assemble Stream Inc, Maya Philippines and technology partner Xctuality Pte Ltd. PBW’s official legal partner is Gorriceta Africa Cauton & Saavedra, while platinum media partners include DOOH and Rakuten Viber; gold media partners are CNN Philippines, Forkast News, Philstar Media Group and YourPRStrategist; and silver media partners are Jinse Finance and KTRO Media.

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Blockchain

BetConstruct Introduces New Possibilities with Multi-Wallet & Custom Token Features

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As one of the pioneers bringing crypto technologies to the iGaming world, BetConstruct constantly creates offerings for businesses to dive into new opportunities.

BetConstruct’s latest innovative solutions, as of today, are the Multi-Wallet and Custom Token features, created to tie crypto and iGaming businesses with tighter knots.

The multi-wallet solution is promised to become a game-changer for players and partners alike. Now, users can seamlessly manage multiple wallets, including cryptocurrencies and fiat, for deposits, withdrawals, and gameplay, without the need for conversions. The solution also makes the integration with preferred crypto wallets like Metamask easy and accessible to everyone.

In addition, partners can also tap into this solution to create new Custom Tokens – mirroring the success of FTN. These tokens, created on Bahamut and powered by smart contract software, feature customisable variables to suit diverse business needs.

Regarding the technical aspects of the offer, BetConstruct support extends to maintaining the token listings on both centralised and decentralised exchanges, including technical backing of liquidity management, market-making, promotions, and marketing.
Moreover, legal inquiries find a resolution as well. BetConstruct offers help in forming token-issuing entities, drafting and reviewing whitepapers, providing legal opinions, setting up bank accounts, preparing agreements, and acquiring crypto exchange licences across various jurisdictions.

Stepping into a new era, BetConstruct is revolutionising the crypto-iGaming landscape with its user-friendly Multi-Wallet & Custom Token features. The new crypto management and token personalisation solutions are believed to mark a significant leap forward, forging stronger connections for businesses to explore a realm of exciting possibilities.

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Blockchain

Bahamut Successfully Passes Hexens’ and Certik’s Audit: Strengthening Trust through Transparency and Security

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Bahamut Successfully Passes Hexens' and Certik's Audit: Strengthening Trust through Transparency and Security
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Bahamut has successfully passed the audit by Hexens and Certik. This technical and economic assessment is an essential part of the commitment to maintaining high security, transparency, and performance within our blockchain network.

The technical audit scrutinized the codebase, infrastructure, and security protocols, verifying the robustness of the blockchain foundation. Economic modelling was performed regarding activity generation and accumulation to identify any weak spots or ways to exploit the system.

Bahamut emphasizes the importance of transparency and trust. The dual-audit approach assures a comprehensive and multi-dimensional assessment of the systems, fostering greater user confidence.

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