CryptoKitties get another $15 million in recent Funding Round

Everyone’s favorite, Cryptokitties hits the news again after gaining more funding in its recent financing round.

And if you are not sure what the buzz on CryptoKitties are, then click here to find out. 

Dapper Labs received $15 million in another financing round in order to expand its services on a local and global scale, as well as to address infrastructure issues and to boost mainstream adoption of blockchain technology. Apart from this, the company is planning to set up a subsidiary in the U.S. headed by executives from video gaming firms Unity and Disney.

The financing round was supported by existing investors of Dapper Labs – Andreessen Horowitz, and Union Square Ventures who had invested $12 million in a funding round in March 2018. Other major venture capital firms who were also featured were Google‘s venture arm GV and Samsung NEXT.

Read more: Using Blockchain to facilitate Crowdfunding – PledgeCamp

To date, Dapper Labs has received $27.85 million in investments.

There are reports that there have already been more than 3.2 transactions taken place on the DApp till date.

CryptoKitties game is now one of the leading decentralized applications (DApps) and is reportedly the most used blockchain app worldwide outside the field of cryptocurrency trading.

Link to the original article here.


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