Capybobo's innovative hybrid approach connects Web3 technology with tangible collectibles, offering a new perspective on ownership

Capybobo's Hybrid Web3 and Collectibles Innovation

The Catizen NFT initiative, Capybobo, has launched its Token Generation Event (TGE) airdrop snapshot, marking an important milestone in blending Web3 gaming with physical collectibles through NFTs linked to doll outfits.

Funding and Expansion Plans

Raised $8 million from Pluto&Folius and Animoca Brands.
Plans to expand the global toy platform and open physical stores in Hong Kong by 2026.

Dual-Utility NFTs

Capybobo offers dual-utility NFTs that function as on-chain credentials and can be redeemed for physical merchandise. This model appeals to both cryptocurrency users and traditional collectors.

Bridging Digital and Physical Ownership

The project uses the TON-Kaia ecosystems to connect digital ownership with physical products, redefining collectible experiences.

Unlike conventional GameFi projects, Capybobo establishes a comprehensive value chain from in-game skins to actual doll apparel.

Players’ Outfit NFTs serve as blockchain credentials and tokens redeemable for physical products, with rare and secret editions providing significantly higher airdrop allocations than standard editions, according to LookOnChain.

This dual-purpose model has attracted both Web3 supporters and classic toy collectors.

Community and Industry Reception

Capybobo's collaborative doll costumes received positive feedback at the Tokyo WebX Conference in August, as reported by CoinEx.

Recent investments have further accelerated the project’s growth and momentum.

Author's Summary

Capybobo innovatively fuses Web3 gaming with physical collectibles, using NFTs to create a unique hybrid ownership model that appeals to both crypto and traditional collectors.

Bitget — 2025-11-02