Vancouver Based Startup ‘Dapper Labs’ Develop Blockchain Product Made For Games And Supports Digital Collectibles
| < 1 minute read
- Industry: Blockchain
- Funding: $38.9M
- Investors: Andreessen Horowitz
- Headquarter: Vancouver, Canada
Remember Cryptokitties? The game that was an instant hit on the internet? Well, that was from DapperLabs. What is DapperLabs? It is a gaming company that develops games powered by cryptocurrency. It is developing games, but it also plays a vital role in making blockchain a reality. Currently, only a few people – gamers, innovators, and early adopters – are tinkering with the blockchain. To make it successful, common people have to adopt this technology.
Dapper Labs builds products tailored to the user and ensures that items of value to you are decentralized. Dapper Labs created the popular CryptoKitties app and has since built an engagement-focused collectables game with the NBA. Now looking to break further into entertainment, backing from Warner Music is a big step in the right direction. The firm is one of the world’s top three recording companies, operating in over 50 countries.
Blockchain has always been an interesting thing for investors, and this startup is teaching a lot in a fun way, its good to see startups come out and develop some interesting things.
Suprotik Sinha is the Content Writer with Synkrama Technologies. He writes about technologies and startups in the global enterprise space. An animal lover, Suprotik, is a postgraduate from Symbiosis Institute of Mass Communication (SIMC) Pune. He carries 6+ years of experience in Content Writing, and he also worked in mainstream broadcast media, where he worked as a Journalist with Ibn7 ( now known as News18 India) and Zee Media in Mumbai.