Introduction

Nytro Lab is a next-generation Web3 game studio that has introduced a revolutionary "Play and Trade" business model.

The game industry has experienced the evolution of various commercialisation models, such as buyout, time payment and free system, and each evolution has increased the user scale and revenue scale of the industry dozens of times. We believe that excellent game + Web3-enabled economic system = "Play and Trade", i.e., by integrating blockchain technology enabled economic system into the game and allowing players to freely generate and trade in-game assets, players will be encouraged to change from the consumption logic of traditional games to the investment logic of "Play and Trade" games, which will increase users' willingness to pay. And because the game has an economic system design, the player's game strategy will change from buying fixed options sold by traditional game developers to freely trading with other players in the market, which will greatly enhance gameplay and socialisation among players.

We will create a new "Play and Trade" business model that will transform the game industry by building a game economy system and creating long-term incentives for the ecosystem.

Nytro Lab has raised a cumulative total of $25 million in funding and has spent 3 years developing its first Web3 game, Castile, a magical Cthulhu-style place-based RPG+Roguelike.

During its marketing test period on TikTok in the United States, Castile outranked all similar Web2 games in its category, securing the top position. We believe Castile has the potential to become the first Web3 game to achieve widespread adoption.