Kryptomon Launches “Living NFTS” on Blockchain and Discloses Location-Based Real-Life NFT Game

Kryptomon Launches “Living NFTS” on Blockchain and Discloses Location-Based Real-Life NFT Game
Photo by Milo Bauman / Unsplash

Kryptomon, an NFT Play-and-Earn blockchain game company where Pokémon meets CyptoKitties and Tamagotchi, has emerged as the first gaming firm in the world to develop a “living” NFT on the blockchain. The first of its kind within the crypto space, Kryptomon is distinct and allows participants, known as trainers, to take care of their Kryptomon if they hope to ever emerge as the champion of the Kryptomon League. Like other living creatures, Kryptomons simulate features of a living pet and have their likes and dislikes, choice meals, and immune systems. Therefore, a trainer must be good as a breeder and battler because a Kryptomon’s “happiness” directly influences their ability to fight.

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The company also launched its Full Moon Treasure Hunt program. Starting from the 19th of December 2021, players worldwide have used their mobile devices to track down various Kryptomon loot boxes together with eggs, in a style reminiscent of the popular Pokémon Go. The Full Moon Treasure Hunt event is the first of its kind within the crypto gaming sphere, and it merges the metaverse with the physical world. For the first time, it also permits players to search and earn NFTs in the real world using a location-based game that allows their NFTs to be minted directly into their digital wallets.

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Figures released by the company show that over 4,000 players took part in the course of the three-day event, and trainers won a total of $156,000 worth of eggs and loot boxes. A lucky player discovered the rarest prize, a Generation 0 Kryptomon egg. Considering that only 100 Generation 0 eggs will ever exist and the last was sold for over $25,000, this latest win could result in the player earning over $25,000 whenever he decides to sell. The company also announced that this edition of their Full Moon Treasure Hunt program would not be their last, although more details have so far not been released.

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Research Reveals Mobile Devices as Catalysts for Efficient Decentralized Infrastructure Networks (DePINs)

Research Reveals Mobile Devices as Catalysts for Efficient Decentralized Infrastructure Networks (DePINs)

Zug, Switzerland, April 24th, 2024, Chainwire Researchers from the University of Zürich's Communication Systems Group, in collaboration with the Acurast Association building on Polkadot and other ecosystems, have unveiled groundbreaking results in their latest study, "Performance Analysis of Decentralized Physical Infrastructure Networks and Centralized Clouds." This

By John Williams