Fundraising Fox

Kgen

4 known investors

kgen.io β†—

KGeN operates a verified human network across the Global South that sources multimodal, diverse data (sound, sight, motion, touch) to train Physical AI and large language models. It uses on-chain provenance and a token ($KGEN) whose supply reduction is linked to protocol revenue from AI lab contracts.

Also known as KGeN Β· Kratos Gamer Network

Investors Β· 4

Company profile

researched Aug 2026

KGeN (Kratos Gamer Network) operates a verified-human network and distribution protocol that allows AI, DeFi, gaming and consumer applications to reach, verify and acquire real users rather than bots or fake accounts. The network sources multimodal data β€” described as sound, sight, motion and touch signals β€” from participants across the Global South to train Physical AI systems and large language models, with user provenance recorded on-chain. Users are compensated for their time, skills and networks.

The protocol's core components include the VeriFi Network, described by the company as a Verified Distribution Protocol, and POGE, a privacy-preserving identity and reputation framework that verifies users and composes their engagement on-chain. Reported services built on this base include biometric-based verified user acquisition, programmable on-chain loyalty and rewards, and K-Store, a decentralised storefront product with AI-driven campaign tooling. The company also operates a $KGEN token whose design ties a share of protocol revenue to permanent token supply reduction.

KGeN is an offering of the KGeN Foundation, incorporated in the Cayman Islands, which handles governance and oversight of the ecosystem; its board includes an independent professional director supplied by corporate director services firm Hash Directors.

Business model

KGeN sells verified distribution and user-acquisition capacity to businesses: AI labs source qualified human signals, DeFi protocols reach verified traders, gaming firms onboard players, and Web2 brands build loyalty programmes. Products cited include Verified UA, K-Store decentralised storefronts and on-chain loyalty infrastructure. On the supply side, verified users earn rewards, reputation scores and commerce opportunities for contributing data and engagement.

Revenue is generated from partner and client contracts for verified distribution, user acquisition, commerce and loyalty services; a share of protocol revenue is directed to retiring $KGEN token supply. The company reported $48.3 million in annualised revenue as of the 2025 funding announcement.

Traction

Reported figures at the October 2025 raise: 38.9 million verified protocol users, 6.14 million monthly active users, 780,000 daily active users, more than 200 partner companies across AI, DeFi, gaming and commerce, over 876 million data points recorded, operations in 60+ countries, a team of 95, and $48.3 million in annualised revenue.

Latest developments

In late September/October 2025 KGeN announced a $13.5 million strategic round from Jump Crypto, Accel and Prosus Ventures, taking total funding to $43.5 million. The company said proceeds would accelerate global expansion of its distribution, commerce and loyalty infrastructure. It is building the VeriFi verified distribution protocol and, per coverage, was running an airdrop campaign with points convertible 1:1 into a forthcoming KGeN token. The website promotes a "KGeN 2.0" positioning around multimodal, verified-human data for Physical AI and LLMs.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positioned as a verified distribution and human-data layer concentrated in the Global South, spanning AI, DeFi, gaming and commerce. Investors and coverage describe the company as establishing a new category of verified distribution ("VeriFi"), with the KGeN app cited as the most active application by transaction volume in the Aptos ecosystem.

Combines proof-of-unique-human verification, on-chain provenance and incentive alignment so that clients can plug into an existing verified user base instead of verifying users themselves, with distribution spend converted into an auditable on-chain record. Coverage notes KGeN scaled on venture funding without an early token launch, and that its token supply reduction is tied to protocol revenue.

Technology

A blockchain-based verification and reputation stack. POGE is a privacy-preserving identity and reputation protocol that verifies unique humans and records engagement on-chain, reported to have aggregated over 876 million data points tied to real user activity, including biometric verification. The VeriFi Network layers distribution on top of this. The KGeN application has run on the Aptos ecosystem, where it was reported to lead in transaction volume. The $KGEN token's mechanics link protocol revenue to on-chain supply reduction.

Go-to-market

Sells directly to businesses needing verified user growth β€” AI, DeFi, gaming and consumer app companies β€” through partnerships (200+ partners reported) and its product suite of Verified UA, K-Store and loyalty infrastructure, while recruiting and rewarding a large base of verified users who supply engagement and data.

AI labs and AI startups, DeFi protocols, gaming companies, Web2 consumer brands and consumer app developers seeking verified users; on the participant side, individuals across the Global South who contribute data and engagement.

Geography

Active in over 60 countries with a focus on the Global South; investor Accel lists the company as based in Bangalore, and the KGeN Foundation is incorporated in the Cayman Islands.

History

Accel records an initial seed investment in April 2022 in what it then described as an NFT-based play-to-earn game, founded by Ishank Gupta, Manish Agarwal and Ritesh Arora, and notes the company was acquired by Kratos Studios. Coverage describes a $20 million seed round in January 2023 and a $10 million ecosystem round in 2024, followed by the $13.5 million strategic round announced in 2025. The company added a commercial stack and loyalty infrastructure as it scaled from 2023 onward and later repositioned around verified-human data for Physical AI and LLMs.

Risks & controversies

Several reported operating metrics β€” user counts, data points and annualised revenue β€” originate from company statements rather than independent verification. The business depends on a token ($KGEN) whose economics are tied to protocol revenue, and on a planned token launch preceded by an airdrop points programme, exposing it to crypto-market and regulatory uncertainty. Its identity layer relies on biometric verification, raising privacy considerations.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Annualised revenueOct 2025$48.3M
Countries of operationOct 202560
Daily active usersOct 2025780,000 users
Data points tied to real user activityOct 2025876,000,000 data points
Monthly active usersOct 20256,140,000 users
Partner companiesOct 2025200 companies
Team sizeOct 202595 people
Total funding raised to dateOct 2025$43.5M
Valuation in earlier raisesOct 2025$500M
Verified protocol usersOct 202538,900,000 users

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 4

launches, deals, and filings
Oct 2025
Airdrop campaign ahead of KGeN token launch

Coverage reports KGeN running an airdrop campaign with points to be swapped 1:1 into an upcoming KGeN token, after scaling on venture funding without an early token launch.

source β†—

Oct 2025
VeriFi verified distribution protocol under development

KGeN is building VeriFi, described as a Verified Distribution Protocol connecting verified users with AI, DeFi and gaming businesses, alongside K-Store decentralised storefronts with AI-driven campaign tools.

source β†—

Sep 2025
KGeN raises $13.5M strategic round from Jump Crypto, Accel and Prosus Ventures

KGeN announced a $13.5 million strategic funding round led by Jump Crypto with participation from Accel and Prosus Ventures, bringing total funding to $43.5 million. Proceeds are earmarked for global expansion of its distribution, commerce and loyalty infrastructure.

$13.5M source β†—

May 2024
Accel lists KGeN as acquired by Kratos Studios

Accel's portfolio page records KGeN as acquired by Kratos Studios; Accel's initial seed investment is dated 14 April 2022.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 8

primary sources listed
  • Kgenkgen.io Β· web

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Kgen do?
KGeN runs a blockchain-based verified-user network sourcing multimodal human data and distribution for AI, DeFi, gaming and consumer apps.
Who are Kgen's investors?
Kgen's investors include Accel, Emfarsis, TRANSCEND, Woodstock Fund.