Kryptomon
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Kryptomon is an NFT-powered, blockchain-based play-and-earn game combining mechanics from Pokemon, Tamagotchi and CryptoKitties, founded in 2021 in Amsterdam, Netherlands by CEO Umberto Canessa Cerchi. Players ('Trainers') own and interact with unique 'living' NFT creatures with mutable genetic codes that influence their abilities and behaviors, across a metaverse world with MMORPG elements, monthly AR treasure hunts, and a native KMarket NFT marketplace.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Kryptomon was founded in Amsterdam, Netherlands as a living-NFT play-and-earn gaming project.
- Funding round
In May/June 2022 Kryptomon closed a ~$10 million private funding round led by NFX, with participation from PLAYSTUDIOS, Griffin Gaming Partners, Tal Ventures and former Citigroup CEO Vikram Pandit, at a valuation around $50 million.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.