$KGEN KGeN (kgen.io) Project Evaluation Overview KGeN (kgen.io) is a blockchain-based verification distribution protocol designed to connect businesses with real certified users, covering areas such as AI, DeFi, gaming, and consumer applications. It emphasizes the "VeriFi" framework, combating bots, Sybil attacks, and false metrics by verifying user identity and engagement, thus enhancing user acquisition, retention, and data utilization efficiency. The project originated from Kratos Labs and has developed into a multi-chain infrastructure, particularly strong on Aptos and Polygon, transforming user reputation into on-chain assets. As of October 10, 2025, its native token $KGEN was launched on October 7 through a token generation event (TGE) and is traded on tier one exchanges such as Binance, currently priced at approximately $0.1494, with a market cap of about $400 million (a decrease from the initial FDV of approximately $600 million).
Team and Funding Strength The KGeN team integrates Web2 and Web3 experience. Key members include: Manish Agarwal: Co-founder and former CEO of a publicly listed gaming company valued at $1.2 billion.
Ishank Gupta: Co-founder who previously expanded business revenue to over $150 million.
The total funding amount for the project reached $43.5 million, including a $13.5 million strategic round at the end of September 2025, led by Jump Crypto, Accel India, and Prosus Ventures. Other investors include Nexus Venture Partners, Aptos Labs, Polygon Labs, and Game7 DAO. These are top-tier venture capital firms with a successful track record in the blockchain and gaming sectors (e.g., Accel has invested in Facebook and Dropbox). The project's legitimacy assessment is positive, with automated scans based on technology, server data, and online performance showing a trust score of over 80%, with no significant fraud or phishing risks.
Core Features and Achievements KGeN stands out by addressing pain points in the digital economy: VeriFi Protocol: Verifies users through biometrics, OAuth (e.g., Twitter, Discord, Steam), KYC, and peer validation, generating "Proof of Human" and "Proof of Engagement" scores.
Multi-Chain Compatibility: Supports Aptos, Polygon, Ethereum, etc., integrating Game7 DAO's game distribution and Aptos's Move language to enhance scalability.
Real-World Applications: Has collaborated with multiple partners to distribute real user rewards in games and prevent money laundering and Sybil attacks in DeFi.