Shams

Founder & Builder Kryvan

Building at the intersection of Solana, markets & gaming.
Ideas → code → product.

[Shams @Shams_eth]

Building Kryvan on Solana

[Shams @Shams_eth]

KRYVAN Nodes — A Different Approach

Nodes aren't new to crypto.

We've seen several versions over the years, and many eventually ran into the same problem: the rewards weren't supported by enough real economic activity.

Projects like StrongBlock showed how powerful the node idea could be. Buy a node, hold it and receive rewards.

But many early models depended heavily on continued growth. More people had to join, more nodes had to be sold and new capital helped support existing rewards.

It worked while growth continued. When growth slowed, the economics became difficult to sustain.

Then came nodes connected to gaming, validators and other ecosystems. The model changed, but another problem appeared: inflation.

You could receive thousands of tokens in rewards, but if millions of new tokens were constantly entering circulation, those rewards were being diluted.

That's what I want KRYVAN to approach differently.

Nodes should participate in the economy, not become the economy.

KRYVAN isn't being built around selling nodes.

We're building the products first: Play Arena, Market Arena, spectator participation, tournaments and eventually more competitive experiences.

$KRVN connects those experiences.

Instead of:

Sell nodes → pay rewards → sell more nodes

the goal is:

Build products → attract users → generate activity → create fees → burn and distribute value.

If KRYVAN grows, node holders should benefit from activity happening inside the ecosystem — not because another person bought another node.

Fixed nodes. Fixed supply.

There will be a limited number of KRYVAN nodes.

The current model allocates 10% of the total $KRVN supply to node holders, distributed in phases.

These are the people taking some of the earliest risk on KRYVAN, so I believe they should have meaningful alignment with the ecosystem.

But the supply remains fixed.

If nodes remain unsold, my current thinking is simple: those nodes disappear.

Their associated $KRVN allocation would also be removed from the node allocation and burnt.

Scarcity only matters if you respect it.

Where do future rewards come from?

This is the important part.

A node shouldn't require infinite token emissions to survive.

Once the initial node allocation has been distributed, the long-term model should increasingly depend on KRYVAN itself.

Play Arena can generate fees.

Market Arena can generate fees.

Spectators and tournaments create activity.

Token transactions and node transfers can generate fees.

Future products can add new sources of activity.

Part can go toward node holders, part can be burned and part can support the ecosystem.

The exact percentages still need to be modelled.

But the principle is simple:

real usage should create the rewards.

If KRYVAN grows, the economy around the nodes grows with it.

If usage doesn't grow, rewards shouldn't magically come from endless token printing.

That's the real experiment.

I don't want the main question about a KRYVAN node to be:

"How many tokens does it print every day?"

I want it to become:

"How much activity is happening across KRYVAN?"

More players. More games. More Market Arena participation. More spectators. More tournaments. More reasons to use $KRVN.

That's where the economics should come from.

Not infinite inflation.

Not endless node sales.

Not depending on the next buyer to pay the previous one.

Nodes can help bootstrap KRYVAN and reward the people who supported it early.

But KRYVAN shouldn't need to keep selling nodes to keep the model alive.

Build the product first. Build an economy people actually use. Then let nodes participate in the value that economy creates.

Crypto has already tried the infinite-emission node model.

I'd rather build something different.

[Shams @Shams_eth]

Starting with two very different ones — live chess matches and the Market Arena.

Chess is straightforward player vs player competition. Market Arena is more about taking a view on live markets and competing against the other side.

Different experiences, same underlying economy. That's the bit we're really interested in testing.

[Shams @Shams_eth]

Crypto has no shortage of tokens.

What it still needs more of are reasons to actually use them.

Trading and DeFi proved that financial activity works onchain. Prediction markets proved people will put money behind a view. Gaming showed another direction entirely.

But these things still mostly live in their own boxes.

That’s the part I find interesting.

Why can’t one onchain economy sit underneath completely different experiences? One day you’re competing in a market arena, another day you’re playing someone live, another day you’re watching and participating from the sidelines.

That’s basically where KRYVAN came from.

And Solana made sense for it. If you want lots of small interactions between real users, you need speed and fees low enough that using the product doesn’t become the annoying part of the product.

$KRVN is being built as the layer running through those experiences, not as something we launch first and then spend the next year trying to invent a use for.

Build the experiences.

If people actually enjoy using them, the onchain economy has a reason to exist.

That’s the bet.

#Solana #KRYVAN #BuildInPublic

[Shams @Shams_eth]

There’s a weird moment when building something where you realise the prototype has done its job.

For KRYVAN, I think we’re reaching that point.

We’ve been running the economy locally — creating balances, locking $KRVN into games, settling matches, testing refunds and deliberately trying to break the logic.

That environment gave us somewhere safe to make mistakes.

Now the next step is getting much more interesting.

We’re starting the move to Solana Devnet.

That means gradually replacing the things our own backend currently says happened with things we can prove happened onchain.

A player shouldn’t have to trust KRYVAN when it says:

“your tokens were locked.”

There should be a transaction.

Same when an arena settles.

Same when funds move.

Same when something gets burned.

That distinction matters to me.

Otherwise we’ve just built a normal game with a crypto wallet attached to it.

The next phase is about making Solana part of the actual machinery underneath KRYVAN.

I’ll share the wins — and probably some of the things we break along the way.

$KRVN

#Solana #BuildInPublic

[Shams @Shams_eth]

The first users need a reason to show up before they care about the token.

So the plan is to start small — live competitive arenas, community matches and events people can actually participate in, then build around the behaviour we see.

If 50 people genuinely enjoy using KRYVAN, I’d rather build for those 50 than manufacture the appearance of 50,000.

[Shams @Shams_eth]

Exactly. That last line is the hard part.

A token sitting next to a product is easy. Making it part of what people actually do is much harder.

That’s the rabbit hole we’ve been going down with KRYVAN — trying to build the experience first, then make KRVN part of the action rather than a souvenir from it.

[Shams @Shams_eth]

@TassHubCrypto 100%. That’s actually the point.

We can build arenas, games and all the onchain mechanics we want, but none of it means much without real people wanting to use them.

KRYVAN has to earn those users. Building the product is only the first part.

[Shams @Shams_eth]

@CryptoGirlNova Beautiful

[Shams @Shams_eth]

Absolutely. RPC acknowledgement ≠ settlement.
Right now we’re proving the game/economy flow, but production settlement will verify on-chain state before anything is treated as final.
This is exactly the kind of edge case we want to design for before real value touches the system. Appreciate you raising it.

[Shams @Shams_eth]

Building the front end was the easy part.
The interesting work on KRYVAN started when we had to make two different users actually share the same experience.

We’ve been working through the backend architecture, persistent game state, multiplayer synchronization, transaction settlement and the foundations for Solana wallet connectivity.

One of the biggest milestones was getting our internal test economy working end-to-end.

Two users can enter the same arena from separate sessions, commit their test balance, play the match, and have the result settled correctly by the backend.

We’ve also been building Market Arena — an experiment around turning live financial markets into a competitive multiplayer experience.

And along the way we built and submitted our first working Market Arena prototype for Stocklana.
What started as an idea is slowly becoming infrastructure.
There’s still a lot to build, break, test and secure.

I’ll start sharing more of that process here — including how we’re approaching the backend, Solana integration, multiplayer architecture and Market Arena.

Building in public. One system at a time.

[Shams @Shams_eth]

@ddivixx Hopefully it is Zcat

[Shams @Shams_eth]

@CryptoAJ_eth U need q green candle before opening a long postion

[Shams @Shams_eth]

@KarollinaOk https://t.co/OZWuTXNnWE

[Shams @Shams_eth]

@lory_reportz Obviously there is a big price difference too

[Shams @Shams_eth]

My thesis on KRYVAN ($KRVN).

I’ve spent a lot of time thinking about what actually gives a token value beyond speculation.

Most projects start with the token and then try to invent reasons for people to use it.

With KRYVAN, I want to approach it the other way around.

Build experiences people genuinely want to participate in, then make $KRVN part of how that ecosystem functions.

That’s the thesis.

KRYVAN is being built around competitive, live experiences where users interact with each other rather than simply interacting with a platform.

We’ve already started proving that concept with live player-vs-player gameplay and an internal economy.

But gaming is only one part of what I’m trying to build.

The bigger experiment is Market Arena.

Imagine short, live market competitions where people take opposing views on real assets.

You’re not trading against a faceless house.

You’re competing against other participants.

Capital comes from the participants. Winners are rewarded from the opposing side, while the protocol takes a transparent fee.

Then there are spectators.

Instead of simply watching a competition, the audience can participate in the wider experience by backing outcomes and becoming part of the live arena.

This creates something I think crypto is particularly good at:

turning spectators into participants.

$KRVN is intended to sit at the centre of that economy.

Entry fees.
Arena participation.
Competitive gameplay.
Market Arena.
Spectator mechanics.
Future ecosystem features.

And rather than creating endless token emissions to fund activity, the long-term idea is to build an economy where activity itself creates demand for $KRVN and where defined portions of ecosystem fees can be permanently removed from circulation.

Fixed supply: 1 billion $KRVN.

The important part for me is that none of this matters if nobody wants to use the product.

Tokenomics cannot rescue a boring product.

So my priority right now isn't creating complicated promises about future yields or telling people where the token price could go.

It is building.

Building the multiplayer infrastructure.

Building the economy.

Building Market Arena.

Testing transactions.

Testing what happens when two real users enter an arena, lock their $KRVN, compete, settle the result and receive the correct balances afterwards.

Some of those systems are already working in our test environment.

There is still a huge amount to build, test and secure before the vision is complete.

And that's exactly why I find this interesting.

KRYVAN isn't meant to be another token looking for a use case.

The experiment is whether we can build an ecosystem people actually want to spend time inside — and make $KRVN economically useful because of that activity.

If we can do that, everything else follows.

That’s my thesis.

That’s what I’m building.

KRYVAN.
$KRVN.
https://t.co/tjhGdCM1u8 🌐

[Shams @Shams_eth]

Most tokens ask one question:

“Will the price go up?”

We’re trying to build something that asks a different one:

“What can I actually DO with it?”

🎮 Compete against other players
👀 Join the action as a spectator
📈 Enter market-based arenas
🔥 Use $KRVN across the ecosystem
🔥 Fees feed a deflationary economy

We’ve already built and tested live gameplay with an in-built economy.

KRYVAN isn’t being built around a chart.

It’s being built around participation.

And we’re only getting started.

#KRVN #Solana #Web3Gaming #GameFi
#gemhunter
#bitcoin
https://t.co/tjhGdCM1u8

[Shams @Shams_eth]

@APEXCONSULTNFA I hold qnt but i need to know why it can do 10k, why is demand for the actual token if the revenue is company related, although ponzi in crypto can send it to 100B but if there is actual demand of the token that would be the thesis.

[Shams @Shams_eth]

@sumfattytuna @RaydiumEco Popcat on weekly, u can see no 80% crash in first run to 2 billion.