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Lysto

Lysto is building verification tools to help gamers digitize their credentials on-chain and carry them wherever they go. It is a gaming infrastructure platform.

What is Lysto?

Lysto is a Web3 startup founded in 2021, focused on building infrastructure and tools for both Web2 and Web3 gaming. The company aims to standardize gamer reputations through on-chain credentials, enabling interoperability across different gaming platforms.

How Does Lysto Work?

Lysto operates by issuing digital credentials, known as Proof of Play Protocol (PoPP), to gamers. These credentials can be in the form of trophies, digital badges, or tokens, which are then showcased in a gamer's public profile, termed as a 'passport'. This system allows for a standardized measure of a gamer's achievements and reputation across various games and tournaments.

What Makes Lysto Unique?

Lysto's unique approach lies in its focus on creating a universal standard for gamer credentials, facilitating true interoperability between different games. By leveraging blockchain technology, Lysto ensures that a gamer's history and achievements are verifiable and transferable across platforms, enhancing the gaming experience and opening new opportunities for gamers.

Who Are the Founders of Lysto?

Lysto was founded by Sadiq Ahamed in 2021. Sadiq brings a wealth of experience in the gaming and blockchain sectors, leading the company towards its mission of standardizing gamer reputations through on-chain credentials.

Latest News

What Key Events Have There Been for Lysto?

In August 2022, Lysto raised $12 million in a pre-Series A funding round co-led by Square Peg, BEENEXT, and Hashed, with participation from Tiger Global and Better Capital. This funding was aimed at developing their tech platform and building tools for issuing digital credentials. In December 2024, Lysto partnered with Nazara Technologies to launch 'The Growth Protocol', a Layer-1 blockchain infrastructure designed for digital marketing and growth applications in the Web3 ecosystem.

Project Announcements

Lysto announced the launch of its Proof of Play Protocol (PoPP), which offers standardized gaming credentials to professional gamers. This protocol allows for the issuance of digital trophies, badges, and tokens by games and esports tournaments, which can be showcased in a gamer's public profile.

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Lysto Price Prediction

Currently, there are no available forecasts from reliable experts or publications regarding Lysto's price prediction.

FAQ

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How Can I Participate in Lysto's Ecosystem?

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Community Sentiment

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.