With CryptoKitties, people can create and purchase one-of-a-kind works of art thanks blockchain technology.Īnother thing that drew us to CryptoKitties is that the team has taken an incredibly thoughtful approach to building products that put the user at the center, and thinking about what ownership and decentralization mean in the digital/crypto age.Īnd lastly, CryptoKitties is powered by a rockstar team: Roham Gharegozlou, Mack Flavelle, Dieter Shirley, and Mik Naayem. Crypto Collectibles is a powerful up-and-coming use case for blockchain. "There are three things that got us really excited about CryptoKitties. At one point, CryptoKitties accounted for nearly 30% of all transactions on Ethereum", stated Boris Wertz of Version One Ventures in a related blog announcement.ĬryptoKitties is a blockchain-based virtual game that was a breakout success on the Ethereum network, and is now being spun off by Azion Zen (a Vancouver-based venture studio) as a separate venture.īoris Wertz of Vancouver-based Version One Ventures (one of the participating investors) stated in a related blog announcement that: Each CryptoKitty is a unique object on the Ethereum blockchain, and can be bought or sold on the game's marketplace. Each kitty is created on the distributed ledger and has a unique genome that defines its appearance and traits ("cattributes"). "If you've missed the CryptoKitty mania, it's a game that lets users breed, raise and trade digital kitties. YesVC, a new fund started by Caterina Fake (co-founder of Flickr) and Jyri Engstrom.Rising Tide Fund, investors in Blockstack and Brave.Version One, one of Canada's leading venture firms.CAA Ventures, the investment arm of the world's leading talent agency.William Mougayar (Founder of Token Summit).Fred Ehrsam (former Founder of Coinbase).Bill Tai (kitesurfing VC and Board Member of BitFury).Naval Ravikant (CEO and Founder of AngelList).Other angel investors and seed funds participating in the financing include: ![]() The investment is led by Andreessen Horowitz and Union Square Ventures, two of the world's top venture capital firms who have also backed companies like Facebook, Twitter, and Coinbase. Vancouver, BC, BC, March 21, 2018-(T-Net)- Vancouver-based CryptoKitties announced today that it has raised $15.5 million ($12M US) in Series-A financing.
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