CryptoKitties creator Dapper Labs has raised $12 million in funding from NBA stars and others to build a consumer-focused Flow blockchain that supports digital collectibles. The company aims to enable users to own the digital items they collect with the assurance that the goods are genuine.
Dapper Labs will use the round to help scale the Flow blockchain to support previously announced collaborations with Dr. Seuss Enterprises, Warner Music, and UFC, among others. CEO Roham Gharegozlou said in an email to GamesBeat that Flow will be an easy-to-use blockchain that enables quick access for anyone looking to join the transparent and secure decentralized digital ledger technology.
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