Dapper Labs,the team behind the product CryptoKitties is the “world’sprimarily mostflourishingconsumerblockchain product.” As per a recent pressrelease, it has raised $15 Mln from a fewcapital corporationsincludingfundsrun byheavyweights Google and Samsungso asto expand operations,including creatingaUnited Statessubsidiary with executiveswhoformallyworked at Unity andDisney, “withfurtherhires for theCanadaofficefrom Ubisoft, EA Sports, Amazon, ESPN, Hasbro, and Zynga.”
CryptoKitties, at its core,is acollectible cat breeding game.it’sone amongseveraltradingcard-style games across blockchainsthatutilizea vitalfacetofcryptographicblockchains – true digitalpossession.
Dapper Labs believes that games andalternativefriendlier [than exchanges andadditionalbusiness-oriented usages] uses of the blockchainarethe key to mass adoption. Certainly,gamingand education hastenedalternativetechnological revolutions,and therefore theadvent of app stores hasevidencedthat individuals arewilling to plunk down seriousmoneyfor video games.
The press release further stated:
“Our mission atDapperLabs is to use games andentertainmentto bring the values of decentralization to billions ofcustomersworldwide. This spherical of funding was about gettingthe correctpartnersround the table to bring compelling content to the blockchain – andcertifyusability and infrastructureallow foradoption bythe mainstreamcustomers.”
The release further added:
“CryptoKittiesis theworld’s most usedcustomerblockchain application outside of exchanges, with 3.2 Mln transactions and tens ofmillions of dollars transacted on the platform.The gamelaunched earlier in 2017 and differentiated itself by notemployingthe ICO-model for fundingthat almost allblockchaincomespursued, opting instead to launch a product that showcasedanapplication for blockchainbeyond crypto’s. Byoutlininggames andentertainment, CryptoKitties broughtmainstreamusersfully unaccustomedto blockchain into theindustry.”
However,thoughCryptoKitties ranksfavourablyamong Ethereum’smost well-likeddApps, no dApp hasneverthelessdesigneda formidableuser base.As perDappRadar, CryptoKitties,within thelasttwenty four hours at the time of reporting, hadaround just378 daily active users —that meansthatDapperLabs has raisedalmost$75,000 USD per user between its two funding rounds,the primaryhaving been conducted by Axiom Zen —the corporatefromthatDapperLabs was spun out.
In fact,the foremostflourishingdApp acrossclassesis semi-decentralized exchange IDEX, andthere’sanother game called Ethermon which is doing slightlyhigherthan CryptoKitties.