DapperLabs’ CryptoKitties Moves From Ethereum To Its Custom Made Flow Blockchain

  • CryptoKitties, one of the most popular crypto collectable games developed by Dapper labs is all set to make its move to the Flow blockchain from its current platform Ethereum.

CryptoKitties made headlines when it partnered with the NBA to create digital collectables for the NBA and players. It also crashed the Ethereum network when it was launched back in 2017. The game would remain interoperable with Ethereum but it would move to flow with new upgrades and game features.

The new features would include animated 3D attributes, scalable nature due to the custom-built blockchain and users could also use the digital assets of the game in other games on the Flow blockchain.

While scalability was one of the key reasons behind the move to Flow, the CEO of Dapper Labs, Roham Gharegozlou, also mentioned that the platform was getting costlier for generating new cats in the game. The CEO further explained:

“Everyone on Ethereum will be able to take their cat to Flow. They’ll get upgraded powers, and will be able to be used on all kinds of Flow applications. The vision we had with KittyVerse: Hats on Cats, Kitty Races…will be much easier to be created around the kitties, in a way that millions of people, hundreds of millions of people can actually play with.”

DapperLabs Aims to Make Digital Collectables A Valuable Asset

The move to Flow is seen as a small step towards a long term goal of making digital collectables mainstream and valuable. Dapper Labs aims to continue in its aim of providing its users with true in-game ownership, thanks to its underlying Non-fungible tokens. All of which can be traded, exchanged and used to play within the game and community.

Dapper Labs hopes that as development progresses, and people and developer communities realize the potential, more games with similar digital collectables will be launched on Flow, making it a complete ecosystem and a marketplace of its own.

In the past couple of months; in the run-up to the Flow launch, Dapper Labs made several new announcements and promotional events.

It also invited developers to its new platform PlayGround and created a new programming language called Cadence specifically meant to ease the process of developing new smart contracts for creating Non-Fungible Tokens on the Flow blockchain.

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Author: Silvia A

CryptoKitties Creator Receives $11 From Warner Music And Others For A New ‘Flow’ Blockchain

The company behind cryptokitties, Dapper Labs, has today announced garnering of $11 million in funding to develop a new blockchain that will allow decentralized apps at large scale known as Flow.

The funding round was led by Andreessen Horowitz and a participation by Warner Music Group. Other major venture companies like Accomplice, AppWorks, Autonomous Partners, Fenbushi Digital, among others also participated.

Dapper CEO Roham Gharegozlou, revealed that the project has been under research for two years and that Flow has been developed from scratch to boost high performance of applications as well as games while at the same time adhering to decentralization. Gharegozlou explained that just like the way Bitcoin has opened the financial sector, Flow aims to do the same in the world of entertainment as well as culture.

According to a report by Forbes, Flow aims at supporting artists as well as bands through crypto tokens to offer their fans with new ways of fandom. When it comes to games, Flow will also reward players who add value and allow composability with assets as well as identities.

The head of innovation at Warner Music, Jeff Bronikowski, explained that the company is always active in identifying fresh opportunities for artists especially in the emerging technology front. Bronikowski explained that his company and Dapper Labs have similar visions hence the strategic investment. Based on this agreement, Warner has reportedly invested about $1 million in terms of convertible security. Bronikowski also explained that the new blockchain platform can be utilized to develop unique as well as tradeable merchandize if the transaction volume challenges will be solved.

Flow is said to have a high transaction volume compared to the Ethereum blockchain where it developed its cryptokitties game.

Bronikowski gave a hint that the new platform will bring a new way to share Warner Music’s content and new way of engaging with the signed artists He explained that the new platform will help the company to form a new avenue where the fans can engage with the artists in a different way than before.

Forbes reports that the funds raised will specifically be used to finish the new blockchain platform as well as develop apps on it. Accredited investors will also be awarded part of the company’s stock.

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Author: Joseph Kibe