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 company is developing an online platform for players to play games with their own digital pets. ’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.
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.