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CryptoHunter World raises $2.8 million USD from leading venture capital firms to bring innovative into Web 3.0

ByEthan Lin

Sep 3, 2024

CryptoHunter World, the world’s first hybrid gaming service, has successfully completed a $2.8 million USD private sale round. Supported by leading venture capital firms, including IOST, HG Ventures, Mindfulness Capital, Bigcandle Capital, Web3Wave, and Layer-OTC, this fundraising marks a major step toward bringing the groundbreaking blockchain-based collectible RPG into the Web 3.0 space.

A Major Milestone for CryptoHunter World

The private sale round attracted the attention of key investors in the blockchain and gaming sectors. These firms are backing CryptoHunter World’s mission to create an engaging and interactive gaming experience that merges the virtual and real world through a GPS-powered system. The new funds will accelerate the development of its revolutionary RPG, which motivates players to stay active while engaging with the game’s rich, collectible universe.

A spokesperson from HG Ventures expressed their excitement: “CryptoHunter World is changing the landscape of blockchain gaming by integrating unique mechanics.  We’re excited to support their vision of combining physical movement with digital rewards, providing both an immersive and healthier gaming experience for players worldwide.”

CryptoHunter World offers an unprecedented gaming experience, where players (known as “Hunters”) can explore their physical surroundings to encounter, collect, and battle Cryptids, digital creatures that form the core of the game. By integrating GPS-based technology.

The game features two modes: Adventure Mode for free users, and Hunter Mode for blockchain-savvy players. Adventure Mode allows users to enjoy the gameplay and collect Cryptids without blockchain rewards, while Hunter Mode leverages NFTs and GPS to reward players with tokens based on their movement, travel distance, and battles with Cryptids. This innovative combination of gaming and real-life activity introduces a fresh way for players to earn rewards while staying active.

Pioneering Blockchain-Based RPG Gameplay

CryptoHunter World’s unique gameplay revolves around its collectible RPG mechanics, where players go on adventures with Cryptids, encountering countless challenges, forming alliances, and engaging in strategic battles. By tokenizing in-game items and characters, CryptoHunter World gives players full ownership of their assets through blockchain technology.

The game’s dynamic economy is built on fair participation, incentivizing players to be more active in the real world while enjoying rewards within the game. By preventing fraud through its GPS-based tracking, CryptoHunter World ensures that its economy remains stable and sustainable for all players.

Future of CryptoHunter World

CryptoHunter World’s closed beta service is slated for release between September and October, with ongoing updates and news to be shared with the community via its media channels. This beta will provide a glimpse of the groundbreaking combination of GPS, blockchain, and RPG mechanics, while also laying the groundwork for future developments and partnerships.

With this recent funding and strong venture capital backing, CryptoHunter World is positioned to be a leader in the Web 3.0 gaming space, merging fitness, gaming, and blockchain technology in an entirely new way.

Learn more about CryptoHunter World:

Telegram Announce: https://t.me/Cryptohunter_ANNOUNCEMENT

Telegram Global: https://t.me/Cryptohunter_OFFFICIAL_COMMUNITY
X/Twitter: https://x.com/CryptohunterX2E
Whitepaper: https://docs.cryptohunter.world/

Website: https://www.cryptohunter.world/

Investors involved in the round include:
IOST, HG Ventures, Mindfulness Capital, Bigcandle Capital, Web3Wave, and Layer-OTC

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

Contacts:

Watt Lee – Web3Wave – web3wave1@web3wave.io 

Lawrence Lee – LayerOTC – Invest@layer-otc.com 

Yannan Wang – Bigcandle Capital – terry.yannan@bigcandle.capital 

Mindfulness Capital – Thomas ao – Kasengao@mindfulnesscap.com 

Euisuk Jeong – Iost – blake@iost.io

Disclaimer:

This content is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, you are advised to conduct your own additional research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence.

Ethan Lin

One of the founding members of DMR, Ethan, expertly juggles his dual roles as the chief editor and the tech guru. Since the inception of the site, he has been the driving force behind its technological advancement while ensuring editorial excellence. When he finally step away from his trusty laptop, he spend his time on the badminton court polishing his not-so-impressive shuttlecock game.

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