Krypto Chase announced a nationwide treasure hunt competition on October 8, 2026, that will span 50 states starting in Utah. The series will offer a $5,000 prize for each qualifying hunt before concluding with a national championship featuring a $1,000,000 grand prize.
The inaugural qualifying event is scheduled to take place along Utah's Wasatch Front. Participants will use the Skavengerz mobile app to solve cryptic clues that lead to real-world locations. The first person to complete the hunt will receive a $5,000 prize, which can be paid in cash or Bitcoin, and will advance to the Krypto Chase National Championship.
While the Skavengerz app is free to use, competitors must purchase an official Krypto Chase ticket at www.kryptochase.com to qualify for the $5,000 prize and the $1,000,000 championship. Registration for each qualifier is limited to 5,000 participants.
The competition is powered by the Skavengerz platform, which uses GPS technology, QR codes, trivia, and digital checkpoints to create interactive adventures. Nate Alder, CEO of Skavengerz, stated that the partnership with Krypto Chase demonstrates how their technology can transform treasure hunting into a large-scale experience combining adventure and competition.
Krypto Chase founder Jeremy Lyman said the vision is to create an experience that challenges people to explore new places while competing for meaningful prizes. Lyman noted the opportunity is intended for puzzle solvers, outdoor adventurers, or those seeking an unforgettable weekend experience.
The specific date for the Utah qualifier will be announced once the first 200 participants have registered. Hunts are expected to begin on a Friday morning with clues released through the Skavengerz app and are expected to conclude by Sunday evening when a winner is confirmed.
Registration for the competition is currently open at www.kryptochase.com. Additional competitions in other states will be announced as registration milestones are reached.
