London, UK, August fifteenth, 2024, Chainwire
Kokomo Games, the unified multichain mini-gaming ecosystem, introduced its entry into the Web3 gaming market. Based by business veterans with expertise growing titles equivalent to Name of Responsibility Cellular and League of Legends, in addition to a monitor document scaling Web3 token initiatives and growing well-known DApps, Kokomo Games is enhancing gaming experiences by bringing Web3 applied sciences to informal Web2 video games.
Kokomo Games introduces a novel strategy and has created distinctive retention mechanisms by no means executed earlier than in GameFi, enhancing the participating gameplay of confirmed Web2 ideas with the monetary incentives and rewards distinctive to Web3. This challenge creates a cohesive ecosystem the place particular person participant funding and ability are instantly rewarded with real-world worth, while neighborhood exercise can be tightly linked to neighborhood rewards.
Kokomo Games has garnered assist from a various group of buyers throughout its early phases. The corporate’s angel spherical was oversubscribed, by outstanding backers equivalent to DAO Jones, together with figures like Steve Aoki and Mike Shinoda from Linkin Park. Angels from The Sandbox, Crypto.com Capital, SoftBank, Kraken, Republic, and different outstanding gamers, additionally invested.
“At Kokomo Games, we are simplifying Web3 Gaming, focussing on proven Web2 experiences and enhancing them with adaptations of successful blockchain models in a community-driven, anyone-can-win setting,” stated Ben Seipt, Studio Lead of Kokomo Games. “Our vision is to build a casual, social, yet competitive mini-gaming ecosystem where players enjoy tangible rewards and incentives from hundreds of easy and fun games across multiple platforms.”
The experienced team comes together from Activision, Riot Games, Gala Games, LimeWire, SuperRare, Bitpanda, and Oxford & Cambridge University, and has a robust track record as core contributors in both gaming and Web3 worlds; launching and scaling token projects to valuations over $1B, raising over $20M across various projects, and onboarding over a million users to Web3 DApps. Kokomo Games introduces a unique token model designed to accrue value as the gaming ecosystem grows, offering players the opportunity to earn rewards based on their participation and skill.
Kokomo’s first title, ‘One Million and One Kokos’, seeks to reinvent the viral Web3 clicker model, drawing inspiration from a similar viral Web2 concept, but adding Web3 elements and a competitive multiplayer twist. The title will debut soon on blockchain gaming’s hottest platform, Telegram.
About Kokomo Games
Kokomo Games is dedicated to advancing the GameFi experience with simplicity, integrating the best of Web2 and Web3 technologies, structures and incentives. Founded by Web3 and gaming industry veterans from leaders like Activision, Riot Games and Gala Games, the team seeks to transform casual mini-gaming into a rewarding experience where players earn real-world value in a social, community-driven, competitive setting. Backed by prominent investors, Kokomo Games is setting new standards in the gaming economy.
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Kokomo Games
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