London, United Kingdom, July 26, 2022 (GLOBE NEWSWIRE) — Kryptoria is a new generation NFT project. It will mark August 2022 on Ethereum, and it will be the first project that truly combines an immersive game with tangible, long-term benefit for holders.
A sci-fi inspired massively multiplayer online game, Kryptoria is set in a vast, semi-dystopian parallel universe. Holders can build their empires, trade resources and battle with other players. Alongside sits a world built in Unity, the engine that powers 50% of all games and 60% of virtual reality content. Kryptoria brings a quality and sophistication rarely seen in the NFT space.
VC-backed and the brainchild of a full-doxx team, Kryptoria brings a new level of transparency to the space. The founders, Thomas McAlpine and Will Askew, have chosen to renounce the anonymity that is traditional for web3. In their words:
“The background and birth of Kryptoria is derived from our desire to instill quality, integrity and trust in the world of digital assets. Specifically, in this case, NFTs. But what we have built is a far more sophisticated project than that not yet seen by the space. Not only is it the most immersive, most engaging project to date – we’ve built it from the ground up as a vehicle to embed commercial deals with irl brands. Bridging web2 and 3 is critical to our goal of generating mass adoption of the space.”
The founding team combines years of business experience at the forefront of web2 with a love of community, shared experiences and the prospect of a decentralized universe. Thomas, founded and built what has become one of the UK’s largest PropTech platforms. Addland, with over $10 million in funding to date, has given him a deep understanding of product delivery and an unrelenting eye for quality. Will has spent the last decade working across finance and technology, incubating small businesses as part of a VC, as well as helping to scale Nutmeg, now Europe’s largest and fastest growing digital investment manager. In addition to the skills required to build and deliver roadmaps under pressure, one thing they have in common is a belief in the power of web3.
However, their assessment was that the current NFT space is not ready for widespread use. Scammers are rife, anonymous teams work on projects, and irresponsible founders fail to innovate for incumbents. As the market corrects itself, these low-quality projects will inevitably fail. Thomas and Will see an opportunity to bring their expertise to life and build a project based on innovation and openness.
Rather than quick casino-like flips and blurry JPEGs, the true democratizing, decentralizing, and disintermediating power of NFTs lies in their ability to bring together a community and distribute access among its members. Building a community first requires trust. Thomas and Will have positioned this as Kryptoria’s cornerstone, working openly with partners and holders as they execute the most exciting roadmap seen in the NFT space.
With outstanding art, a world built in Unity, and the most immersive game mechanics of an NFT game to date, there is a strong focus on providing shared experiences for a community of holders. Deeply rooted lore and an intricate history form a common language for all Kryptorians. And for minimal gas fees, holders will be able to add or remove attributes such as clothing, weapons or accessories to their NFTs – a first for a project of this kind. New features will come from collaboration with bluechip NFT projects and web2 brands, providing a platform for individual creativity. The possibilities are truly endless.
The Web3 community is a unique and ever-growing demographic. Most of the members were raised with the internet. Everyone was blown away by it. And with their keen commitment to hype and intrigue, they represent an extensive audience for traditional brands.
The Web3 market is estimated to reach USD 81.5 billion by 2030, and is universally considered to be the next big opportunity for brands and companies. Thomas and Will are uniquely positioned to connect the Kryptoria community with those brands and companies trying to gain exposure to the space. Holders, using the immense value-sharing power of NFTs and blockchain, can enjoy democratic access to in-game (exclusive weapon or trait collections) and irl (custom drops, brand discounts or curated collections) benefits. Brands can now directly access their audience, become part of the web3 movement and test new collections in the world of Kryptoria.
In what can only be described as the most sophisticated and commercial NFT ecosystem to date, Thomas, Will and their team have been relentlessly focused on building a project like no other. Creating a culture of innovation and openness in the space was just the start. By connecting Web2 businesses with their community, they are transforming the culture of Web3, propelling us toward a future of mass adoption.