After working underneath the radar, Creepz is formally rising from stealth to capitalize on the $419 million valuation for its non-fungible tokens and change into an leisure model.
Creepz is backed by WME, main esports organizations, and Stoopid Buddy Studios. The corporate, created by an artist named Overlord, stated it’s unveiling a Web3-native mental property (IP) by delivering actual leisure merchandise—not simply hypothesis.
As a part of its official debut, Creepz is launching two flagship video games powered by $CREEPZ, a local ecosystem token but to be launched. The primary recreation is Creepz Clas, a multiplayer shooter combining frenetic fight with strategic gameplay, bringing the Creepz universe to life.
The second is the Redacted Occasion Recreation, a multiplayer celebration recreation designed for each informal and aggressive play, providing an immersive social expertise.
Creepz has secured strategic partnerships that additional solidify its place in leisure tradition. It has partnered withWME & ThreeSixZero Illustration, that are companies securing top-tier media and leisure alternatives, as Creepz seeks to transcend Web3.
It additionally has a Stoopid Buddy Studios collaboration. The artistic drive behind animated sequence like Robotic Hen and Crossing Swords will assist convey the Creepz universe to life by way of storytelling and animation.
And it has a partnership with esports firm M80, which has been rising its model in esports.
Creepz stated it needs to create a “seismic shift” in how Web3-native manufacturers enter mainstream leisure. In contrast to different tasks that rely solely on token hypothesis, Creepz is rolling out
a full ecosystem at $CREEPZ TGE. It needs to create utility for its tokens. The corporate says it needs to set itself aside from earlier NFTs and ship an leisure expertise slightly than a speculative asset.
“Creepz isn’t simply one other NFT mission—it’s the blueprint for a way Web3 IP breaks into mainstream tradition,” stated the Overlord, creator of Creepz, in a press release. “The place others have stumbled, we’re proving that Web3 can energy actual leisure experiences that captivate audiences globally. Gaming, style, and leisure aren’t separate verticals for us—they’re a part of one interconnected imaginative and prescient.”
Creepz sees itself as a counterculture leisure model born from Web3.
An out of doors view
I requested Catalin Alexandru, founding economist for C/A, to evaluate Creepz. In a message, he stated, “They don’t have a litepaper or tokenomics so it’s onerous to say if the NFT half fails the trilemma, nevertheless it in all probability does since all NFT video games thus far have. There’s no approach to keep all three: worth ground, long run demand (by promoting in-game energy) and scale. (trilemma).”
He added, “You both flood the market with pay to win NFTs to extend demand to scale which craters the value. Or your NFTs are solely beauty and don’t supply energy which limits demand to solely shortage, which scales however kills long run demand (Axie, Cryptokities). Otherwise you supply solely highly effective and tremendous costly NFTs which once more kills scale as a result of you’ll be able to solely promote a number of. Till individuals in Web3 perceive this, it’s a non-starter saved alive quickly with VC money.”
Overlord, the creator of Creepz, stated in a response to Alexandru’s assertion, “We respect Catalin’s insights on the challenges going through NFT & gaming x crypto. At Creepz, we’re taking a essentially totally different strategy by constructing an leisure model first, with video games that stand on their very own deserves. Our multilayered-game technique with Creepz Conflict and our celebration recreation creates numerous engagement alternatives past typical NFT utility fashions. By partnering with established leisure forces like WME and Stoopid Buddy Studios, we’re creating lasting worth by way of high quality content material slightly than tokenomics alone.”
Overlord added, “The complete web site launching quickly will present complete particulars on our token design, ecosystem mechanics, and the way we’re particularly addressing these financial challenges with our built-in strategy. The Creepz ecosystem is designed for real leisure experiences that resonate no matter market situations – a technique we imagine addresses the core points Catalin has recognized.”
