Miscellaneous

Kryptomon Integrates Chainlink VRF to Help Power Verifiably Random NFT Lucky Draws

Kryptomon is excited to announce the official integration of Chainlink Verifiable Random Function (VRF) on the BNB Chain mainnet.

Read more

Kryptomon

March 22, 2022

4 mins read

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
sorted by : latest
sorted by : Oldest

SIT & PLAY

Weekly KMON Sit & Play Tournament Recap (Week 39)

Greetings KMON Trainers! Welcome to another recap of our weekly KMON Sit & Play Tournaments! Let's dive right into the juicy results of Week 38!

MISCELLANEOUS_POST

all-topics

Michelle Smith Gabela

October 4, 2023

Read time

KMON REPORT

KMON Progress Report: W40

Hello Trainers! It's that time again when we bring you the latest updates from the development frontlines of our epic game, KMON: World of Kogaea.

MISCELLANEOUS_POST

all-topics

Michelle Smith Gabela

October 2, 2023

Read time

SIT & PLAY

Weekly KMON Sit & Play Tournament Recap (Week 38)

Dive into the Winners and Stats of Last Week's KMON Sit & Play!

MISCELLANEOUS_POST

all-topics

Michelle Smith Gabela

September 27, 2023

Read time

NFT

Level Up Your Game: The Benefits of Owning a Kryptomon NFT

Ever wonder what the benefits of NFTs in gaming are? Specifically, owning a Kryptomon NFT from the KMON Saga? This week we'll discuss all the benefits of owning one!

MISCELLANEOUS_POST

all-topics

Michelle Smith Gabela

September 26, 2023

Read time

Sit & Play

Weekly KMON Sit & Play Tournament Recap (Week 37)

Last week's KMON Sit & Play winner's and stats are out! Check them out here.

MISCELLANEOUS_POST

all-topics

Michelle Smith Gabela

September 20, 2023

Read time

Dev Update

KMON Dev Update: Progress Report (Week 38)

Are you ready to hear the latest news about KMON: Genesis and KMON: World of Kogaea? We've been working hard behind the scenes...

DEVLOG_POST

all-topics

Michelle Smith Gabela

September 19, 2023

Read time

KOA

Kryptomon — Koa’s Log #1

It’s been some time since we found the eggs. Was it by design or by chance that there were exactly 10,000 eggs? Is there a significance to this number?

KOA_POST

all-topics

23 AUG 2021

Read time

Kryptomon — Koa’s Log #1

Day #72 after the incident

It’s. Alive.

I don’t know why we were so surprised. Nobody recognized it at first but now that we’ve had more time to study them, all 10,000 of them are clearly in the shape of eggs. We just never thought something so… foreign would behave like something so mundane, just like the eggs that we see and eat everyday.

It’s been some time since we found the eggs. Was it by design or by chance that there were exactly 10,000 eggs? Is there a significance to this number? And how did something as huge as that just… disappear? Too much has happened lately that challenge everything we thought we knew about the world.

There’s so much we don’t know, but one thing is for certain. These eggs hold something never before seen on Earth, how else would you explain the variety in the different eggs? Some are bone chillingly cold while others are scalding hot. Even the structural integrity and material of the shells vary from a smooth diamond hard to a pliant earthy texture.

Tests will have to be run and we should have preliminary results shortly. We often watch movies of Iron Man and the Avengers, of demi gods and visitors from beyond our world. This might be our proof that alien life really does exist.

To ensure we have eyes on the tests at all times, surveillance footage of the lab has been set up to run 24/7. No matter what happens, we’ll catch it.

                                                                                                                      .  .  .

-Excerpt from Koa’s initial report-

Kryptomon

Read more

MISC

Kryptomon — Bringing Crypto to the Masses

“We are thrilled to partner with Kryptomon to enable seamless and secure $KMON onramps for billions of gamers, globally”, — said Ari Last, VP Business Development at Simplex.

DEVLOG_POST

all-topics

25 AUG 2021

Read time

Kryptomon — Bringing Crypto to the Masses

What. A. Week!!

The past couple of days have been an absolute whirlwind of activity with the community sale and IDO taking place. A massive thank you to all of our partners and advisors who were working tirelessly behind the scenes to ensure everything ran smoothly. 🙏 Of course, we can’t forget about the overwhelming amount of support from all of our trainers, which saw the price of $KMON soaring from $0.006 and eventually settling at its current (at time of writing) price of $0.075.

With the IDO milestone complete, it’s time to turn our attention back to what attracted all of you to Kryptomon in the first place — the game! We also discuss below how our new partnership with Simplex will pave the way in catapulting Kryptomon into mainstream media.

                                                                                                                            .  .  .

The Problem with the Crypto Gaming Space

The crypto gaming space is gaining traction in the market, of that there is no doubt. With games like Axie Infinity now giving people the ability to earn a living and even save up enough money for a house in the Philippines, more and more people, regardless of their proficiency in the crypto space, are starting to realize that crypto gaming is a phenomenon that is here to stay.

Untapped Potential

At time of writing, it is estimated that there are approximately 41.9 million gamers in the crypto space. While that sounds like a large number, what if I told you that the current (non crypto) gaming industry estimates that there are roughly 2.5 billion gamers in the world? In 2019, Fortnite alone had 250 million registered users, 5x the number of gamers in the entire crypto space!

The crypto space has only tapped into 1.68% of potential gamers worldwide.

This would mean that crypto games have only tapped into 1.68% of potential gamers worldwide. Let that sink it for a little bit. A full 98% of all the gamers in the world have either:

  • Never heard of crypto games
  • Are worried and don’t feel confident in jumping into the crypto and crypto gaming space
  • Want to give crypto gaming a try, but have no idea how to go about doing it.
Getting Started is a Complex Process

Going back to what we’ve just said about Axie Infinity and the crypto market boom in general, it’s highly unlikely that the first case is true. And while it is very possible that a portion of gamers belong to the second category in how they’ve heard about the volatility of the crypto markets and aren’t looking to expand into crypto gaming any time soon, it’s more likely that a significant portion of these 98% gamers just don’t have the knowledge on how they can get set up and get started playing crypto games.

This was our experience as well, not just when introducing new trainers in Discord to Kryptomon, but also in our personal lives where we had to explain to our friends and family how to:

  • Set up Metamask
  • Explain what a wallet address is
  • Configure Metamask to use the Binance Smart Chain
  • Create a Binance Account
  • Buy some BNB
  • Transfer BNB over to your Metamask
  • Explain what gas fees are and why they fluctuate
  • How to use PancakeSwap to convert BNB to KMON

… the list goes on!

For some of the more seasoned veterans in the crypto space, this might seem like common knowledge. But for an 18 year old kid who just happened to see an ad of Kryptomon and his 56 year old mom and dad who’ve never used Binance before? All of the above is gibberish.

                                                                                                                            .  .  .

A New Partner — Simplex

On their website, Simplex is described as “A licensed financial institution which empowers its vast network of partners to accept the widest range of payment methods, including Visa, MasterCard, Apple Pay, SWIFT, SEPA, and more!” But for the crypto veterans out there that didn’t immediately recognize the name, here’s a quick reminder: Simplex is the company that provides a fiat-to-crypto gateway on Binance!

Using Simplex, one can purchase over 90+ cryptocurrencies using over 50 different fiat currencies. It’s not surprising that they’ve now integrated and provided services to over 350 partners in the world.

The full list of large and well known companies that utilizes Simplex’s services are is too numerous to list… but we’ve listed a few of their partners aside from Binance that you might just recognize: 😉

  • TrustWallet
  • Poloniex
  • Trezor
  • MyEtherWallet
  • KuCoin

and many more. For more information about Simplex partners, check out this link.

Kryptomon For The Masses with Simplex

This is where Kryptomon has a unique competitive advantage over the many crypto games out there. Our target audience isn’t just the 41.9 million crypto gamers, but all 2.5 billion gamers in the world. From every 18 year old who will pick up the easy to understand gameplay to all the 80’s kids feeling nostalgic for a little bit more of the Pokemon magic, Kryptomon wants YOU.

The first step in realizing that dream is to get rid of that complex 8 step process described above just to buy $KMON, and this new partnership with Simplex will allow us to do precisely that!

In the future, this means that just about anyone with a smartphone (yes, including that 18 year old kid with his 56 year old mom and dad) will be able to download the Kryptomon game onto their phone, which will come pre-loaded with a crypto wallet capable of storing $KMON. Via Simplex, they’ll be able to key in their debit/credit card details and purchase $KMON with fiat instantly, just like how you can purchase in game currency today with games like Clash of Clans or PUBG!

“We are thrilled to partner with Kryptomon to enable seamless and secure $KMON onramps for billions of gamers, globally”, — said Ari Last, VP Business Development at Simplex.

                                                                                                                            .  .  .

Final Thoughts 💭

From the start, Kryptomon has always been a game that we intended to bring to the general public. With the IDO now behind us, developmental focus has shifted back into making the game the best possible version of itself before the Phase 1 launch.

That doesn’t mean we aren’t already planning for the future and with industry titans like Simplex standing behind Kryptomon, it really will be an exciting journey to see just where Kryptomon will end up in a year’s time.

2.5 billion gamers, we’re coming for you!

Signing off for now. 😉

Kryptomon

Read more

MISC

Kryptomon — Egg Lottery Winners

We saw an overwhelming amount of support from our trainers. Just under 20,000 trainers participated in the lottery.

DEVLOG_POST

all-topics

26 AUG 2021

Read time

Kryptomon — Egg Lottery Winners

Hello trainers, welcome back to the wonderful world of Kryptomon. We’ve had plenty of big announcements lately, with our new game studio partner Room8 Studios and being the first NFT game to partner with Simplex. And we’re not done!

Our older trainers will remember that back on the 9th of August 2021, we launched an egg lottery event that would distribute 100 of the eggs that went unclaimed during the initial 10k giveaway to more deserving members of the community. It’s been just under 3 weeks and we’re excited to announce that the results are out!

                                                                                                                            .  .  .

Egg Lottery

We saw an overwhelming amount of support from our trainers. Just under 20,000 trainers participated in the lottery, spread out across 80 different geographical locations around the world. It’s amazing and heartening to think that Kryptomon is now a name that is known around the world.

Unfortunately, we only had 100 eggs to give away in this campaign. The selection process was randomized so…

Winners

Congratulations to all 100 of the lucky winners of the egg lottery campaign! The winning addresses will be listed down below so use CTRL + F to check if you’ve won. Also, winners will receive an email from Professor Koa announcing the fact, so make sure you check your emails!

As an added bonus, we’ve decided to airdrop the eggs to you for free! As thanks to the amazing community who’ve supported us throughout our journey, the Kryptomon team will shoulder the gas fees so trainers can just sit back, relax and wait for your eggs to show up in your wallet.

Gen 0 trainer

A final shoutout to one lucky trainer who received the rarest Gen 0 egg! Only 100 of them will ever exist in the Kryptomon universe. The only question is, were you the trainer that received it? 😉

                                                                                                                            .  .  .

Closing Thoughts

Today, 20,000 trainers participated in the egg lottery. But we’re not done yet! In fact, we’re just getting started. 20,000 is where we are today, but as we mentioned before in this article, our goal is the full 2.5 billion gamers in the world.

As an old Chinese proverb would have it: “The journey of a thousand miles begins with a single step”. We might come from humble beginnings, but this will be Kryptomon’s first step towards all the gamers in the world.

2.5 billion soon-to-be trainers, we’re coming for you!

                                                                                                                            .  .  .

Winners

0x83eF0079a2937d2fca2c8Be795B476B9bD563189

0x8862D8F354717B27d7b6405DC73d0A99e716E927

0xb2A17D289F9C519163eBa3d34b809fE0f3698511

0xbeA470363D370915B13c5025D6420B3183304C0b

0x95Bcd4cAB9EFeE25Db23C56c587E101af32ADCbf

0xBC49Af1881b51FF2f963415B190CB391640a8f67

0xdf6Fd7CE90e6cdfefdE33CAe07aA7f34d0e3E999

0x37bb74dE78733A5254D032580e932aBF1ba818Ce

0x68618040bfef35fd5afC15b90EC814C937DE5F39

0xA938552253025F9beFdB153fc47fDA1011E0B2C4

0xaEe3f3746fED8fe7b0a6cFEB7a4052d83fa776B4

0xa32259e489e36c30F25c148De0121B4492d8C18e

0x8aF0F6f60B1b4Fc40Af874f79438f7152D1DCf94

0x1e719608695c2C25Fe8C90E4B8C311bdf3D0bde0

0x674c81A3D218057c30255b538F0f2d71a8C324b4

0xfe3D1094c7c0138E1b4B7832bAD0933A19442505

0x08DB0b20E36Cc1E6f45f3428B9dAA57d120590b6

0x409243dFb26193fD16b7d64D9963e2379c39F4d8

0x624779b38aEdBB7D18A00c3CAF0e2359a5598F33

0x9eB99465B53ca0A92430C3Fb0EF0e0427E9a4db9

0xc9FD3220936570eFAa0BeCd65352c85c1C3e2E1d

0xb89147090A8e3CE285a77dF2b1CfDF936c283b7B

0xBf13924153711CD3B4058F060B892B42F2AcD8b3

0x9Efbd5ef39236bA511761DEc336c4c056C563D4a

0x17cD09c571d9b0faC84c3Ff9FC14B70b73a8ea8C

0xDaD4967fCD0B22b73FEFe6Cfff25c7240FAe933B

0xa088fE9f242644bcEdb989B57A5e706aD982125B

0x2386A80aBc606E31e1cf7cD52AD8EF9c19029A0e

0x8fB0a76377Fb0502Dd735b476bbc857E1363C771

0x8A5e4bc76DbF90d0AdCC4e2852F43d0219F22884

0xd2ba3CcaDB683a63Fe9C605905F2548Fb77cF0e7

0x083E0f59FDA898e94571b6e8957b4706bA00b4B5

0xe5C93E7931d2f97b136FD7c8d69B2F10C86e4c13

0x743b091203a0fcE407fEbbE13c63b2De87Db7bF3

0x8FD9efF5e6c06af7997b25A4bd87a9296D1760C6

0xF99bBA8Dc9C692884e710C3d918B843157F6C4B9

0x54a97b79A26D2f512Fa8e4aBe6A57752D03b4b0D

0x756380619917488E7Cd1B5c191A2794C610fAF0d

0xC0204F8b71374b05905cC80139FAc0B0A6254437

0x0f74af152286aF7EeBd9840cEbfeB0fFcdD98599

0x1ea865ACF307B568Cc253B078d697f750f20B110

0xDB5EF69544126C3821e4c31636E493dcadA0c053

0xBD77e384ab8956cff40999b9D50E70ed11B6695B

0xE484F002c55bE47c28EfE0eB1c3c1Ebc43b55063

0x204782210e98008fC9E17669Bc7C674c6cB3d96a

0x13555a66d72f0D3CAd517E702D721C2FCeF37d62

0x54137aeB20563A46984faF955AcFB1Dfb5e1463B

0x9557ED1aE14e6105487466F9a49163510003017F

0x28F3f76Ca289d700101C2f5fDe6e4A354244b72E

0x3a3442a7418c57Ad6621743A637138B320b35006

0x19A5829cB33b4f212e14b56BeB35C91A49be0f8f

0xD37756160FD26C3686248988935C9086eC278fEf

0x89C32d5e619699Cc1527Cd5Bc2D1f0Ea5f3ebff5

0x48ee25524e0b98c601040F9AF7A3a2C237a06351

0x7FDCbC78f369a73D9096a2bD90846778D71aF299

0xCD3cb49f104f72A35A69E34dB2fB3B9532C9A1A2

0x00A1AE7A8363DB04e92eeb7CeD333427B425f8a2

0x5A9c0EdbDC363AD1A74f6584b93DCa2Db8fe5eed

0x5c887CF8E6a2F4a29eD2f3C821a75a6Edf4921F1

0x9526D190E003e475df67ECA15032E039c55dE608

0xAAdf186c344bDb91D825e992574275efE67e81b9

0x96FA470b817479A9848291E893710D77B869F8fF

0x5732774E685256868d4cB9F620ca38A093Dc935D

0x96Fbc11261B1e49932ac0c0116FA89A19Bd17984

0xB0D8A59b8b8D7a2C559a76E44d583113093c736C

0x21A21cCfA173B9C4B87C06cfF4D48b4555D8A834

0x9b8282EB7fcbd7e3629367761974E6AC87162A44

0xD2d69dCf2fF9E59E7A43D674EAA0f2E0025C44B1

0x0222953d17918A3C04C5d500eC9550fE0815B337

0xa17c229946BE37E639192756e82a0967a52753e9

0x80DE71e61D9D9d4d22aBAeb7D687ab8624529542

0xA44a1Eda7936BC37A4e030eb84a8D7ABbE46F3C1

0x6514F8320231cc69b11ebf915F56EE2215Bba751

0x07c7B28690b5F902B14940226a584987E22A7B9e

0x4cC3474c0bF272F374596c0Cf30B3Fa6995f3546

0xdBf90D0Cbd5F8D966552DE3B65eFe22bB8e5Ba4D

0x1BdC69ff912f228E1DD8d22B751fAFe221F19720

0xe6f37F80c28d005fFb642132874223a8f084D2b6

0x09C685679D32F2dA36bf3b82b814b346C1F42Ee2

0x4a100880A72f54804D7B63B5E2E5608E5eF66B6f

0x702198c578d73F4a9aC166D8FdF4E15eC0Cfda9D

0xE880eB15C4e27762F86A720b70F3cD53E85bfe6B

0x199698D5BefFBbc620AD2D3218B5d65335A605Fd

0xEf90E18f2a2BadAB73414A597Aedd48cFDCA80C8

0xeD2fC66D8a71818d755b3A5364D81670Be1E9EA3

0xdb39E304198433CD5101234Dc3C491620a2E3AAc

0xA37C9B398B67d0B707d558131B17207CceD518dd

0x09545Beba0064C1ef069aa98060E0ABF048F8371

0x5F929A055549cDB1C76c147CDc47833398A5a10c

0xbb5c78375aBD3Afed7aa3d8085428c621c7e5BE1

0x0ac38503AaDBDA5361b7D534e939dd81CCF6ee33

0x2A22A515996a9667097DFff305b451a4CB3418ed

0xA4fb3FF7f605FBA17Df86551D9550D5d902d3677

0x21E12944E34c2295A0079178cB60f169E63f15bc

0xD6a7054a06f8FC7fdc0D5b422E870A5708f69057

0xCa4e390710EaF8701e5E3a397707430dB4C887C9

0x065AeaA65e2cb611F85B6185B8D8C1746ED0db29

0xaB836f1e03BF1b57f5B6a27D7e66014cdDC290B6

0x7430a6507063f4463449DaE632d14Dc6ce7a51bd

0x6aA08e6F644057fEcE09bfEC521891c3dc6f7BDc

Kryptomon

Read more

MISC

Kryptomon — Staking your $KMON

Staking $KMON rewards participants with tickets. The more $KMON you stake,the more tickets you earn. the more tickets you have, higher your chances of actually winning an egg.

DEVLOG_POST

all-topics

06 SEP 2021

Read time

Kryptomon — Staking your $KMON

Hello trainers, welcome back to the wonderful world of Kryptomon. For those who tuned into our last Founders Talk session on Discord, you’ll know that our devs have been hard at work getting everything ready for the much anticipated $KMON staking feature. (No really, our devs can’t remember the last time they’ve taken a weekend off!)

Staking will begin on the 10th of September 2021, and this article will dive into everything you need to know about our newest feature. Before we hop into all the staking details though, for those of you who haven’t already joined us on Discord and Telegram, you might have missed out on these little gems.

Draft Designs from Room8 Studios

Remember that these are drafts that we’re working on with Room8 Studios, so they’re still subject to change. However, it’s important to recognize that what Room8 Studios have achieved a mere 2 and a half weeks in is nothing short of astounding and we’ll continue to share updates of our progress on our social media channels. So if you haven’t already, make sure to come join us on Telegram, Twitter and Discord!

                                                                                                                            .  .  .

The Eight Week Egg Lottery Campaign

To be more precise, on the 10th of September 2021 we’ll be launching the first of eight, 1 week long egg lotteries where trainers stand to win Kryptomon eggs!

Every week, a number of Kryptomon eggs will be up for grabs and we can confirm that there is a small chance you could even be the lucky winner of a Gen 0 egg! There are only 2 Gen 0 eggs up for grabs in the entire campaign and no one, not even the Kryptomon team can guarantee when or if they’ll be won.

To participate in the lottery, trainers will be required to stake their $KMON on the Kryptomon website in order to earn lottery tickets that can then be used in the lottery. There is no minimum amount required to participate so trainers could potentially just stake just one $KMON, earn and bet one ticket and still walk away a winner! 🎉

                                                                                                                            .  .  .

Our Rationale for the Egg Lotteries

Most staking pools out there today reward participants with the project’s native token. Stake CAKE for CAKE for example is a pool that works very well for PancakeSwap, but is that really what Kryptomon needs right now? 👀

At present we’re still a little way away from trainers being able to use your $KMON in game, which means creating a stake $KMON for $KMON pool would just result in trainers being able to grow their bag of $KMON in preparation for the game launch with no immediate benefit. Another possible scenario is that the growing amount of $KMON in circulation would just lead to stronger sell pressure, which we’re sure is not something any of our trainers would like to see.

The question was therefore: What can we offer with the new staking feature that would benefit both the game and our trainers the most?

Kryptomon Eggs?

After the success of our previous egg lottery campaign, we realized that we had severely underestimated how fast the Kryptomon community is growing and just how strong the demand is for eggs. There are currently approximately 6,000 Kryptomon eggs being traded and held amongst 33,000 odd trainers (if Discord is to be any guide).

While we do realize the importance of keeping supply scarce enough to ensure our eggs have value, as a blockchain game, it’s also important that we have enough players. What we don’t want to see happening is all 27,000 trainers (33,000–6000) without an egg losing interest and leaving the Kryptomon family due to the cost associated with getting your first Kryptomon.

It is for this reason that we’ve decided to create a staking feature that will allow lucky trainers to win the chance to become a Kryptomon trainer every week for 8 weeks. We believe we’ve found an ideal balance between keeping trainers engaged and also leaving plenty of demand for eggs when breeding is released.

Where are these eggs coming from?

As with the previous egg lottery, all eggs that will be used as prizes for this lottery come from the original 10,000 batch of airdropped eggs that went unclaimed and the 40,000 egg sale batch that weren’t purchased. The total supply of eggs has not changed, and we are once again simply redistributing them back to more deserving members of the community. 😉

                                                                                                                            .  .  .

Egg Lotteries… With A Twist

With all of that said, we’ve also included a few little twists in the lottery to make things more interesting, strategic and just a little bit more fun. Here are a couple of things you’ll want to consider when playing the lottery:

Staking Gives You Lottery Tickets

Staking $KMON rewards participants with tickets. The more $KMON you stake, the more tickets you earn. Each ticket is one entry into the current week’s lottery so by the simple law of probability, the more tickets you have in the current week’s lottery the higher your chances of actually winning an egg.

“But what about whales? They’ll just stake 500,000 $KMON and almost guarantee themselves a win!”, I hear you thinking to yourself. Well, you’re not wrong, but! We’ve put in place several safeguards to make sure everyone isn’t priced out by large $KMON whales.

Trainers Decide the Number of Eggs Up for Grabs

The Kryptomon team have, after much discussion, agreed upon a “budget” of eggs that will go into the lotteries, which includes the 2 Gen 0 eggs that were mentioned above. This doesn’t mean however, that all eggs will be won!

Trainers will decide how many eggs are up for grabs in the lottery each week by staking $KMON. At the end of every week, the code will determine the number of unique players who’ve bet tickets in that week’s lottery and only 10% will win. That means if there are 200 players in Week 1, there will only be 20 eggs released from the budget, one for each winner!

Let’s assume that the budget is 1000 eggs (we’re intentionally not releasing the actual number of eggs in our budget). This means that it’s very possible we get to the end of Week 8, and not all 1000 eggs in the budget have been won simply because there weren’t enough players. Alternatively, its also very possible that the lottery is wildly popular and we run out of eggs by Week 5! 🙀 If that’s the case, the egg lottery campaign ends immediately.

Tickets Can Be Used… or Saved

To add a little more strategy into the lottery, tickets that you get from staking your $KMON aren’t locked to a lottery in a particular week. That means you can start staking your $KMON from week 1, save up all your tickets and choose not participate in any lotteries for 4 weeks but spend all your tickets in the Week 5 lottery!

This allows smaller trainers to have a much higher chance of winning an egg… if they pick the right week to participate. 😉 It’ll be up to the trainers to do their research, be active on Discord and Telegram etc to figure out what the overall sentiment is.

It’s important to note however, that tickets are burnt once used regardless of whether you win or lose!

Winners Win Only Once

To prevent a large whale from just staking 500,000 $KMON, betting all the tickets and winning every egg every week, we’ve implemented a rule that every unique wallet address can only win once per lottery. So the whale could theoretically “almost” guarantee himself a win by betting 500,000 tickets every single week, but he’d only receive one egg.

The code will then choose the remaining winners from other wallet addresses while the whale’s 499,999 remaining tickets are ignored.

Chainlink Integration for Guaranteed Randomness

Finally. to ensure there is no bias in the lottery and that winners are truly selected randomly, we’ve integrated the Chainlink VRF feature into our lottery system. Nobody, not even a member of the Kryptomon team will be able to influence the lottery in any way and guarantee someone a win.

                                                                                                                            .  .  .

A Step by Step Guide… with Pictures!

The process of staking your $KMON and participating in the lottery is quite simple. Simply head on over to our website where we’ll soon be releasing a dedicated staking page, choose an amount of $KMON to stake and you’re done!

Step 1 — Select the amount of $KMON you’d like to stake and confirm it. Once this is done, your tickets will be allocated to you automatically over time.

Step 1

Step 2 — When you’re ready to participate in the lottery, use the slider on the same page to choose how many tickets you’d like to bet. Here in this example you’ll see that I’ve chosen to bet just over 9 million tickets in this week’s lottery.

Hit the “Play” button to confirm your choice.

Step 2

Step 3 — If done right, the section on the right will then show how many tickets you’ve bet in the current week’s lottery.

Step 3

Step 4 — Finally, if you were lucky enough to become the winner of a Kryptomon egg, you’ll see an additional window near the top of the screen with a button to claim your prize!

Step 4

                                                                                                                            .  .  .

Frequently Asked Questions

How many tickets will I get if I stake X number of $KMON?
The simple answer is… no one knows! This is because the number of tickets you receive is dependent on the percentage of your KMON against the total amount of KMON in the pool.

Eg: If there are 100 KMON in the staking pool and you stake 1 KMON, you’ll receive 1% of the tickets.

As we’re unable to predict variables like:

  • How much KMON will be staked at any point in time
  • How often will people add or remove their KMON

It’s impossible to guarantee an answer that you’ll receive X tickets for every Y KMON staked.

                                                                                                                            .  .  .

Are there any minimum or maximum KMON amounts that I’m limited to when participating in the staking pool?
There is not! Feel free to stake as much or as little KMON as you like. Obviously, the more KMON you stake, the more tickets you’ll receive, which increases your chances of winning. But it’s still definitely possible that you play only 1 ticket and still walk away a winner!

                                                                                                                            .  .  .

When will winners be announced every week?
Winners will be announced every Sunday at 12am UTC! All tickets that were bet in that week’s lottery will then be burnt (regardless of whether you win or lose)

                                                                                                                            .  .  .

Are there any lock periods when I stake my KMON? Can I unstake them at any time?
There are no lock periods! Tickets are awarded on a block by block basis (every 3 seconds) so feel free to unstake all or part of your KMON at any time.

                                                                                                                            .  .  .

How many eggs will be given out as rewards per week?
This was addressed in the article. The simple answer is 10% of the number of participants in the lottery! Remember, it’s the number of lottery players (the number of unique wallets that have bet a ticket in this week’s lottery) and not the number of stakers.

This means that if in Week 1, 200 unique wallets chosen to play their tickets, then 20 eggs will be given out.

                                                                                                                            .  .  .

How many times can I win?
You can win once per week. If you’ve won in Week 1, it’s definitely still possible for you to win in Week 2 or Week 3. However, it is impossible for you to win twice in Week 1.

                                                                                                                            .  .  .

Closing Statement

$KMON staking will begin on the 10th of September 2021, but it’s important to note that all of the information above is still subject to change. While we believe we’ve come up with the most ideal balance between egg supply/demand and giving trainers an incentive to stake $KMON, we don’t pretend we have all the answers.

As always, our co-creation promise to you means that we’re still open to feedback from all our trainers. Do you think there’s a better rule that could be implemented in the egg lottery? Is there a loophole that we’ve missed that you know how to solve? Let us know via the usual social media channels and we might incorporate it into the rules before the lottery begins!

See you in game, fellow trainer.

Kryptomon

Read more