The startup develops blockchain-based verification tools that enable gamers to digitize and carry their credentials on-chain. This technology addresses the lack of portable and verifiable gaming credentials, enhancing trust and accessibility in the gaming community.
Funding
$15M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
HSPFounders
Product
Problem
Gamers lack a unified, verifiable system for managing and showcasing their achievements and credentials across different gaming platforms. This absence of portable digital identities hinders trust and recognition within the gaming community, limiting opportunities for collaboration and advancement.
Solution
Lysto provides blockchain-based tools that enable gamers to digitize and manage their gaming credentials on-chain. This allows gamers to create a portable, verifiable record of their accomplishments, skills, and reputation. By offering a secure and transparent system for verifying gaming achievements, Lysto enhances trust and accessibility within the gaming ecosystem, fostering collaboration and creating new opportunities for gamers to connect and advance. The platform also provides game studios with tools for playtesting, acquisition, and retention, creating a mutually beneficial ecosystem.
Target Audience
The primary target audience includes both gamers seeking to manage and showcase their credentials, and game studios looking to enhance user acquisition and retention.
Features
- On-chain verification of gaming credentials and achievements
- Portable digital identities for gamers across multiple platforms
- Tools for game studios to manage playtesting and user acquisition
- Reward system for gamers to incentivize engagement