Web3 game studio Moku has hired Kathleen Osgood, a former exec from Jump Crypto and Sky Mavis, as its new Chief Business Officer. Osgood will manage Moku’s efforts to attract institutional funding and push for key partnerships in areas like liquidity and ecosystem growth. This move aims to boost Moku’s role in the web3 gaming sector.
For Osgood, one of her aims is to boost the company’s growth by attracting more institutional partners and funding while enhancing visibility. She believes that Moku is not merely introducing users to crypto but is truly immersing them in the web3 world.
Osgood noted that Moku has the right elements for success. After discussions with many top web3 games, she found that Moku’s vision is unique.
With smart game design, an AI-driven gaming loop, a playful IP, and strong community-building skills, the team shows a deep understanding of web3. Meanwhile, Moku CEO Bruce Wasicsko mentioned Osgood’s key role in helping to grow Moku and its offerings in the web3 space.
As Moku expands its ecosystem, Osgood is seen as having a unique mix of web3 expertise and strong connections. According to Wasicsko, she is more than just a skilled dealmaker; she is also a builder who knows how to grow platforms from both the inside and outside.
What is web3 gaming?
Web3 gaming is a new way to play games online, using blockchain tech. In this space, players own their in-game items as real assets. This means when you earn or buy a sword or skin, it’s yours to keep or sell, even outside the game.
Games in this world often use tokens or crypto coins. These can be earned by playing, winning, or trading. This gives players a chance to make real money while having fun.
Also, Web3 games let players take part in how the game grows. Many have voting rights, so players can help decide on changes or new features. This makes the gaming community more involved.
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All about Moku
Moku was set up as a launchpad for web3 games and runs Moku HQ, a platform that helps with game discovery, quest-based play, and NFT rewards. The studio has worked with well-known titles like Pixels, CyberKongz, and Ragmon Monster World.
It has also launched a mascot named Moki, seen in games such as The Machines Arena and Nifty Island. Previously, Moku raised $5.35 million in funding led by Sky Mavis and a16z Games to boost its goal of changing how decentralised game publishing works.
This investment aims to enable both developers and players to act as co-publishers in a new distribution system based on the Ronin blockchain. Moku’s ‘Quest-to-Earn’ model lets players complete tasks in exchange for digital assets, including NFTs and tokens. The platform has seen over 250,000 plays of its mini-game Moki Pochi and boasts a creator program with more than 3,000 members.
Meet Kathleen Osgood
Osgood is a key figure in the web3 gaming field, having worked as the Director of Business Development at Sky Mavis, the firm behind Axie Infinity and the Ronin blockchain, before joining Moku.
She has also held other roles, including:
- Director of Market Development at Jump Capital
- Founder of Omnium Blockchain, a venture focused on decentralised tech
In a podcast, she discussed her path into blockchain, which started with an early connection to Coinbase. Since then, she has become vital in forming partnerships between game studios and blockchain systems. At Sky Mavis, Osgood played a major role in growing the Ronin ecosystem by bringing in game studios and promoting strategies centred on community growth.
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