Victory Square Technologies Inc. (“Victory Square” or “Company”), a company that provides investors access to a diverse portfolio of next generation technology companies in key sectors including: Web 3, Gaming, the Creator Economy, NFTs and the Metaverse, is pleased to announce that portfolio company, Next Decentrum has launched Crypto Pharaohs, an iconic collection of digital collectibles (NFTs) inspired by the culture and heritage of ancient Egypt.
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Generative NFT collections like Crypto Punks and Bored Ape Yacht Club have been at the forefront of an explosive growth of the NFT market. According to Rarity.Tools, which is tracking the sales of 550 generative NFT projects, the all-time sales volume of these NFT projects is over $10.6 billion.
Crypto Pharaohs was born out of a love for Egyptian culture and fascination with its ancient civilization. A limited NFT collection of 7006 cryptographically unique majestic collectibles, programmatically brought to life, endowed with power and magic.
“We are thrilled to launch an NFT collection that brings together great storytelling and stunning visuals to pay tribute to the most remarkable and awe inspiring civilization to ever exist,” said Hussein Hallak, Founder & CEO of Next Decentrum. “Crypto Pharaohs is part of our digital content strategy to extend the utility and experience of our NFT platform to a wider audience.”
The collection was developed with the help of the leadership team at DAF, a pioneering digital solutions fintech company revolutionizing the Egyptian healthcare sector. Teams for both companies are planning and working on several projects drawing inspiration from the rich Egyptian art and culture scene.
“We are excited to work with the team at Next Decentrum who have great passion for art and culture,” said Hatem Kandeel, Founder and CEO of DAF. “With the global popularity of NFTs, this project is a brilliant first step to bring Egyptian art and culture to the Metaverse.”
Crypto Pharaohs will be released in a series of NFT drops with unique experiences and rewards. Collectors from all over the world will be able to claim Crypto Pharaohs using the Momentable platform. A proprietary NFT platform developed by Next Decentrum on the Flow blockchain.
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“As an avid gamer and Egyptology buff, this collection was an absolute pleasure to work on,” said Melissa Anne Morgan, Lead Product Designer at Next Decentrum. “Our aspirations are for this collection to become a game where collectors actions have impact on the big challenges we face in the real world.”
The community of collectors will help shape the project roadmap and based on the growth and milestones achieved, Next Decentrum is developing Crypto Pharaohs into a journey that unfolds as a P2E (play to earn) game where collectors fight the forces of evil in the real world.
Play to earn games use NFTs to uniquely identify characters and items in the game. Players acquire characters, engage in the game, and sell characters and items to other players to generate income.
Axie Infinity, the popular play-to-earn NFT game, has generated close to $2.3 billion in total sales volume since it was launched in 2018 according to DappRadar.
Collectors looking to claim Crypto Pharaohs must join the waitlist at CryptoPharaohs.World to be the first to know when the first 372 Crypto Pharaohs will be available to claim on January 7th at 7pm PST.
Next Decentrum’s strategic progression in the NFT and P2E markets come as part of working closely with the team and advisors at Victory Square to accelerate their go-to-market plans. This is great news for Victory Square who is an early investor and holds 18.32% of Next Decentrum.
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