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Dux Cripto
A crypto gaming community
About Dux Cripto
Dux Cripto, established in June 2020 by founder and CEO Luiz Octavio Goncalves Neto, operates as a digital ecosystem focused on the Play-to-Earn (P2E) gaming, metaverse, and NFT sectors. The company is headquartered in Juiz de Fora, Brazil, and directs its strategic efforts toward the Latin American market, aiming to foster socioeconomic transformation by integrating users into the Web 3.0 economy. Goncalves Neto's journey into this venture was driven by a desire to use blockchain for resource distribution, a concept that crystallized for him around 2018-2019 while studying the fundamentals of crypto and blockchain technologies.
The firm's business model is centered on creating a collaborative infrastructure for various stakeholders, including game developers, investors, and players. It provides a platform that offers customizable solutions for brands and individuals to onboard into Web3. Revenue generation is structured through multiple streams, including fees from its proprietary exchange and wallet for crypto-to-fiat transactions, a launchpad for new projects, and Software-as-a-Service (SaaS) offerings.
The core product is a multi-faceted platform built on the Polygon blockchain. It delivers several key services: a community hub for networking and education; SaaS tools for managing gaming scholarships, operations, and digital asset treasuries; and a launchpad for incubating and fundraising for new GameFi projects. A significant component is the DUX token, an ERC-20 utility token that functions as the economic base of the ecosystem. This token grants holders access to platform services, such as research reports on the GameFi space, and enables participation in project governance, with a long-term vision of evolving into a Decentralized Autonomous Organization (DAO).
Source: Dealroom company dataAt a glance
- Founded
- 2020
- Headquarters
- Brazil, Trinidad and Tobago
- Sector
- Fintech
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Series A1 investor entered at this stage
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