Kokomo Games Enters Web3 Gaming with Oversubscribed Angel Round
Summary
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 novel approach and has created unique retention mechanisms never done before in GameFi, enhancing the engaging gameplay of proven Web2 concepts with the financial incentives and rewards unique to Web3. 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 companys angel round was oversubscribed, from prominent backers such as DAO Jones, including figures like Steve Aoki and Mike Shinoda from Linkin Park. 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.Kokomos 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-gamings hottest platform, Telegram.Kokomo Games is dedicated to advancing the GameFi experience with simplicity, integrating the best of Web2 and Web3 technologies, structures and incentives.