![]() The round will be put towards further development of the game, including hiring new team members, supporting the 3D development of Kryptomon's game interface, and research and development activities. "Kryptomon has the potential to make an impressive mark on the Metaverse and the play-and-earn gaming ecosystem," said Gigi Levy Weiss, general partner at NFX, in a press release. Prior to the fundraising round led by NFX, Kryptomon raised $1.2 million in a token pre-sale, according to the firm. "We are incredibly proud of this funding round which vastly exceeded our original funding goal of $8 million after the first stage of the game launch," said Canessa in a press release. Stage two is set to bring the release of the combat system. Stage one of the game launched in February where players received daily loot boxes with "valuable consumables" for their Kryptomon NFTs, such as training cards for battle and food. The game is set in the Kryptomon metaverse where "trainers" will be responsible for looking after, feeding and training NFT monsters, known as Kryptomons, to help prepare them for battle. Play-to-earn game Kryptomon has raised $10 million in a Series A funding round led by NFX, bringing the company's valuation to $50 million.įounded in April 2021 by Umberto Canessa, Kryptomon is a NFT-powered game that combines the concepts of classic games like Pokemon and Tamagotchi with ownership properties of popular NFT projects like CryptoKitties. ![]() ![]() Check out the 24-slide pitch deck used to raise the funds.It's a crypto game that is a cross between Pokemon, Tamagotchi and CryptoKitties.Kryptomon, a play-to-earn game, raised $10 million in a Series A round led by NFX.Account icon An icon in the shape of a person's head and shoulders.
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