The Good Tech Companies - Kokomo Games Enters Web3 Gaming With Oversubscribed Angel Round

Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Kokomo Games enters Web3 gaming with oversubscribed AngelRound, by Chainwire. Asterisk London, UK. August 15, 2024, Chainwire, Asterisk Kokomo Games, the unified multi-chain mini-gaming ecosystem, announced its entry into the Web3 gaming market. Founded by industry veterans with experience developing titles such as Call of Duty Mobile and League of Legends, as well as a track record scaling Web3 token projects and developing well-known dApps, Kokomo Games is enhancing gaming experiences by bringing Web3 technologies to casual Web2 games. Kokomo Games introduces a

Starting point is 00:00:42 novel approach and has created unique retention mechanisms never done before in-game FI, enhancing the engaging gameplay of proven Web 2 concepts with the financial incentives and rewards unique to Web 3. This project creates a cohesive ecosystem where individual player investment and skill are directly rewarded with real-world value, whilst community activity is also tightly linked to community rewards. Kokomo Games has garnered support from a diverse group of investors during its early stages. The company's angel round was oversubscribed, from prominent backers such as Dow Jones, including figures like Steve Aoki and Mike Shinoda from Linkin Park. Angels from the Sandbox,

Starting point is 00:01:25 Crypto.com Capital, SoftBank, Kraken, Republic, and other prominent players, also invested. At Kokomo Games, we are simplifying Web3 gaming, focusing on proven Web2 experiences and enhancing them with adaptations of successful blockchain models in a community-driven, anyone-can-win setting, said Ben Seat, 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, Super Rare, BitPanda,

Starting point is 00:02:01 and Oxford and 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 $1 billion, raising over $20 macross various projects, and onboarding over a million users to Web3D apps. Kokomo Games introduces a unique token model designed to accrue value as the gaming ecosystem grows, offering players the opportunity to earn rewards based in 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, boot-outing Web3 elements and a competitive multiplayer twist. The title will debut soon on blockchain gaming's hottest platform, Telegram.

Starting point is 00:02:48 About Kokomo Games Kokomo Games is dedicated to advancing the game-fi 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 our awarding 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. Website, email contact kokomogamespr at kokomo.games. Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging

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The Good Tech Companies - Kokomo Games Enters Web3 Gaming With Oversubscribed Angel Round

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