CryptoHunter World

CryptoHunter World operates within the Web3 gaming sector, offering a blockchain-based, collectible role-playing game (RPG) that integrates real-world movement with gameplay. The company has developed a hybrid model that merges Move-to-Earn (M2E) and Play-to-Earn (P2E) mechanics, targeting both casual gamers and blockchain enthusiasts. The business model features a dual-mode system: a free-to-play "Adventure Mode" allows users to experience the game without economic rewards, while the blockchain-integrated "Hunter Mode" enables players to earn utility tokens through in-game activities. Revenue streams are structured around an in-app marketplace for trading non-fungible tokens (NFTs), such as limited edition virtual shoes, and creating a sustainable token economy.

The core service is a mobile application that uses GPS to track a player's real-world movement, such as walking, which translates into in-game progress. Players, referred to as "Hunters," explore their physical surroundings to discover, collect, and battle digital creatures known as "Cryptids". This system is designed to reward physical activity, with earnings based on distance traveled and battles won. The platform's tokenomics have been structured to counter inflation through various token-burning mechanisms and by encouraging the consumption of in-game assets, aiming for a stable and sustainable economic ecosystem. Future plans include integrating augmented reality features to enhance the interaction between the physical and digital worlds.

The project secured significant early-stage capital, completing a private sale round of $2.8 million USD in September 2024. This funding was supported by a consortium of venture capital firms, including IOST, HG Ventures, and Mindfulness Capital, to accelerate development and prepare for a global launch. The company's roadmap outlined a beta launch for its iOS and Android applications in the third quarter of 2024, with goals to onboard over 50,000 users. Subsequent milestones include listings on centralized exchanges (CEX), the introduction of an NFT marketplace, and the implementation of decentralized finance (DeFi) systems like token staking to provide additional reward opportunities for users.

Keywords: Move-to-Earn, Play-to-Earn, M2E, P2E, Web3 gaming, collectible RPG, GPS gaming, blockchain game, NFT marketplace, crypto game, augmented reality gaming, CHW token, XHUNT, virtual creatures, tokenomics, decentralized finance, digital collectibles, crypto rewards, location-based game, fitness gaming