These funds should help Dapper, the company behind CryptoKitties, to expand the platform which is already operational on the Stellar blockchain.
According to Coindesk, the funds obtained amount to $15 million dollars, an investment received only a few months after the last which was $12 million. The total amount of funds received by the company this year is equivalent to $27 million.
David Pakman, Venrock’s partner, explained his perspective on the matter:
“For the first time we can make scarce digital items, and I think that can usher in a mega-market of digital collectibles”.
Although Venrock, the biggest investor in this round, is not a blockchain or cryptocurrency focused company, Pakman sees in CryptoKitties the potential for something that until now could not be done online:
“I look for activities that consumers are already doing in very large numbers and then look for the digital equivalent”.
Dieter Shirley, Dapper’s CTO and creator of the ERC721 standard, expressed a positive attitude towards the partnership with Pakman.
In particular, he explained that the need for this collaboration was due to the lack of guidance for a transition from a startup to a much larger company.
In addition, Shirley suggested that the first results will arrive in a few weeks, but without offering any details.