Pokemon became popular for allowing players to connect, Tamagotchi for taking care of digital pets, and CryptoKitties for making money on the blockchain. While Pokemon and Tamagotchi shaped the lives of kids in the '90s, many were quick to abandon their online bios as they grew up and started working. Later, CryptoKitties aimed to solve the problems around yield by using the ERC-721 (NFT) protocol to build digital cats with unique genetic codes.
NFTs bring a new kind of revolution, allowing gamers and collectors to earn real money from the communities they participate in online. Each asset is completely unique and ownership is guaranteed through the transparency of the blockchain. While CryptoKitties takes collections to new heights, the games are static, leaving the user with just a really nice .png or .gif.
Krytomon emerged to breathe life into NFTs, bringing the best of Pokemon, Tamagotchi and CryptoKitties to the next step in crypto gaming by using advanced blockchain technology, digital genetics and location-based technology. A Kryptomon is a one-of-a-kind digital creature linked to an NFT and has a unique genetic code. Kryptomons take the concept of NFTs a step further, as creatures are living beings that require care in addition to being fed, healed, and trained to make them stronger.
Since then, Kryptomon has partnered with Binance NFT, the official NFT marketplace of the world’s largest cryptocurrency exchange, to launch an exclusive sale of 2,000 Kryptomon eggs just for Binance users. The Kryptomon team sees this collaboration as its first step onto the world stage, bringing the project to the attention of the community of NFT gamers and collectors.
eggs are hatching
Before trainers can enter the Kryptomon's world, they must be given an egg. Currently, there are only 6,200 eggs in circulation with 75,000 players interested in participating, this number is based on the number of KMON token holders. As it stands, demand for these assets greatly outstrips supply. This is where exclusive sales on Binance come into play.
Starting at 12:00 UTC on November 8th, users will have 12 hours to purchase special blind boxes from the Binance NFT marketplace. Each blind box will contain one Kryptomon egg and retails for 95 BUSD, which seems like a reasonable price considering the team estimates that the resale value on the secondary market is $325 per egg (at the time of writing) .
Further adding to the mystique of the sale, participants had the chance to discover a Kryptomon egg from an earlier era when they opened their blind boxes. The team even reports that holders of one of these blind boxes will receive a Generation 0 Kryptomon egg, the only one of 100 Kryptomon eggs ever to exist in the game. Given the scarcity of each Gen 0 Kryptomon, the rare item was recently sold for 54 BNB, and an ultra-rare Legendary Gen 0 egg recently sold for 72.45 BNB (or roughly $47,500) on the secondary market . This is an opportunity to tap into users' childhood and early investments in new NFT projects.
It is said that as an added bonus, the owner of this rare item will also have the opportunity to join one of the founders of the Kryptomon project in the Founders Talks session, an AMA session hosted by team members to connect with the larger community.
Exclusive events on the Binance NFT Marketplace open the market for artists, enthusiasts, creators, and collectors with increased liquidity and minimal fees. Through advanced events and marketplaces, Binance NFT enables frictionless transactions for all users.
When asked about this new partnership, Kryptomon’s Chief Strategy Officer Amit Peled shared:
“We are delighted to partner with Binance NFT as they are the leading collaboration platform within the cryptocurrency space. We hope this partnership will bring significant value to our users and those of Binance. This offering is unique because we have never A sale of this size and price point has not been done before, but we believe this is an important launch that will lead us to become one of the leading NFT projects in the crypto gaming ecosystem."
breath of new life
This exclusive sale is just one of the steps the game is taking to bring a new experience to NFTs. The Kryptomon team also announced the release of version 2.0 of its game, which will offer players the chance to explore the metaverse and physical world with their Kryptomon, or fight and breed with it. Additionally, the launch of their Android and iOS games will allow Trainers to tackle even more creatures around them and engage in various adventures with their Kryptomon, making any Pokemon fan's dream of becoming a true Trainer a living reality - - Thanks to Kryptomon for the game mechanics.
Disclaimer: Cointelegraph Chinese does not endorse any content or products on this page. While it is our intent to provide you with all the important information we are able to obtain, readers should do their own research and take full responsibility for their own decisions before taking any action with the company, nor can this article To be considered investment advice.