cloud - based virtual game CryptoKitties has raised $ 12 million in Series A funding from a group of investors led by mark Horowitz and Union Square Ventures . The digital - sharing platform utilises Ethereum ’s ERC-721 protocol and allows users to buy , sell , sell , swap and swap virtual cats . It is estimated that more than $ 23.2 m worth of CryptoKitties ’ virtual cats have been sold by consumers since the game ’s inception .
Blockchain-based virtual game CryptoKitties has raised $12m in Series A funding from a group of investors led by Andreessen Horowitz and Union Square Ventures. The digital-collectibles platform utilises Ethereum’s ERC-721 protocol and allows users to buy, sell, collect, breed and swap virtual cats. It is estimated that more than $23.2m worth of CryptoKitties’ virtual cats have been sold by consumers since the game’s inception.