New Treasure Hunt Series Offers $1 Million Grand Prize
SALT LAKE CITY, Oct. 8, 2026 /PRNewswire/ -- Krypto Chase today announced the launch of an ambitious nationwide treasure hunt competition that will span all 50 states, beginning with Utah. The series will award a $5,000 prize in each qualifying hunt before culminating in a national championship where one finalist will win a $1,000,000 grand prize.
The first qualifying event will take place along Utah's Wasatch Front. Participants will solve a series of cryptic clues that lead them to real-world locations using the Skavengerz mobile app. The first competitor to successfully complete the hunt will receive the $5,000 prize, payable in either Bitcoin or cash, and advance to the Krypto Chase National Championship with a chance to win the $1,000,000 prize.
"Our vision is to create an experience that challenges people to think, explore, and discover new places and new adventures while competing for meaningful prizes," said Jeremy Lyman, founder of Krypto Chase. "Whether you're an experienced puzzle solver, an outdoor adventurer, or someone looking for an unforgettable weekend experience, Krypto Chase offers a unique opportunity to compete for life-changing prizes."
Unlike traditional treasure hunts that rely on printed clues or social media posts, Krypto Chase combines cryptography, GPS technology, and real-world exploration to create an interactive, competitive adventure. Throughout each hunt, participants will receive clues, navigate to hidden locations, and verify their progress through GPS technology built into the Skavengerz platform.
The competition is powered by Skavengerz, a location-based adventure platform that enables organizations to create interactive real-world experiences using GPS, QR codes, trivia, and digital checkpoints.
"We built Skavengerz to inspire people to get off the couch and explore the real world," said Nate Alder, CEO of Skavengerz. "Partnering with Krypto Chase demonstrates how our technology can transform treasure hunting into an exciting, large-scale experience that combines adventure, technology, and friendly competition."
The date of the Utah qualifier will be announced after the first 200 participants have registered. Hunts are expected to begin on a Friday morning, with clues released through the Skavengerz app, and conclude no later than Sunday evening when the winner is confirmed. Registration for each qualifier hunt is limited to 5,000 participants.
Additional competitions in other states will be announced as registration milestones are reached.
Although participation in the Skavengerz app is free, competitors in the Krypto Chase treasure hunt who wish to qualify for the $5,000 prize and the $1 million national championship must purchase an official Krypto Chase ticket at www.kryptochase.com.
Registration is now open at www.kryptochase.com.
About Krypto Chase
Krypto Chase organizes real-world treasure hunting competitions that combine puzzle solving, navigation, cryptography, and technology into immersive outdoor adventures. Beginning with 50+ qualifying events and culminating in a national championship, Krypto Chase offers participants the opportunity to compete for significant prizes while exploring remarkable locations across the United States.
About Skavengerz
Skavengerz is a location-based adventure platform that helps destinations, tourism organizations, businesses, and event organizers create interactive real-world experiences through GPS challenges, scavenger hunts, trivia, QR codes, and gamified exploration. The platform encourages people to discover communities, attractions, and local businesses through engaging mobile adventures. App demo video click here
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SOURCE Krypto Chase
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