Creepz touts Web3 brand with $400M in NFT backing and two upcoming games
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Summary
NFT collection Creepz has partnered with various entertainment companies as it seeks to become a mainstream brand, following a $419m valuation.
It has joined forces with agencies WME and ThreeSixZero, animations company Stoopid Buddy Studios, and esports company M80.
Creepz will launch two games, Creepz Clas and Redacted Party Game, alongside its NFTs, as part of its strategy to become a “seismic shift” in how NFT brands enter the mainstream.
The company aims to move away from token speculation and deliver an entertainment experience for users.
Founding economist Catalin Alexandru said that without a litepaper or tokenomics, he anticipated that Creepz would likely fail the “trilemma”, or the challenge of maintaining a price floor, long-term demand and scalability.
However, the company’s founder responded to say that Creepz’s focus on content and gaming experiences would address these issues.