Kryptomon Raises USD 10M Led by NFX to Scale Blockchain-based Gaming Universe
Kryptomon, the living NFT-powered Play-and-Earn gaming project, has closed a USD 10 million private funding round spearheaded by NFX. It has also received backing from PLAYSTUDIOS, Griffin Gaming Partners, Tal Ventures, and Vikram Pandit, former CEO of Citigroup. Kryptomon is the first NFTS game that integrates real-world gaming with Metaverse capabilities. The recent investment powers development of the game platform and caliber beyond its Stage 1 launch in early February.
Kryptomon is a new gaming universe created by NFX. It uses a combination of blockchain, digital genetics, and location-based technologies. Community members play as trainers taking care of their own NFT pet monsters.
NFX is a leading seed-stage venture firm based in San Francisco and Herzlia, Israel. Founded by entrepreneurs who built 10 companies with more than USD 10 billion in exits across multiple industries and regions.
Kryptomon Raises USD 10M Led by NFX to Scale a Bitcoin-based Gaming Universe. PLAYSTUDIOS is a publisher and developer of award-winning mobile games. PlayAWARDS loyalty platform enables players to earn real-world rewards from a global collection of iconic hospitality, entertainment, and leisure brands.