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Kryptomon's mission is to bring fun and joy (while earning money!) into people's lives.
The play-to-earn (P2E) blockchain game market is growing fast, thanks to the simple and appealing proposition of earning money whilst having fun. One new player attracting a lot of buzz is the NFT monster rearing game Kryptomon. In this blockchain game, users rear, train, breed, and fight their own NFT monsters - it’s a fond combination of kryptokitties, Pokémon, and the tamagotchi.
In a sense, Kryptomon is to the blockchain what Axie Infinity is to Ethereum. This is great news for the budding game company - Axie Infinity has seen runaway success, with nearly 3 million daily users at its peak. With metaverse gaming on the rise more broadly, it seems there’s real public appetite, and Kryptomon has generated enough buzz to capitalize on it.
On the other hand, Kryptomon will need to have learnt from Axie Infinity’s mistakes. Axie’s in-game token SLP has gone through devastatingly fragile periods, with some suggesting that the game’s economy was unsustainably designed to flourish only in periods of growth. It speaks to the complexity of basing a game around earning power, which itself depends on the health of crypto - a notoriously volatile currency. Kryptomon will need to tread carefully - but will be an interesting company to watch.
Steph
Company Specialist at Welcome to the Jungle
Previously founded shopping community Shoozy, savings platform GOSherpy, and meal voucher platform Save One Seat. Has also held management roles at Lean Startup Machine - and later Lean Enterprise Machine. Alongside Kryptomon, also serves as the Senior Lead Venture Builder at Innoleaps.
Claudio Cuccovillo
(Growth + Data)A growth hacker who worked for 8 years as an independent marketing consultant, before moving on to take a growth position at Innoleaps. Alongside working at Kryptomon, is also the Director of co-working space Salty Commune.