"Warner Music is always searching for new opportunities for our artists and has dedicated itself to exploring emerging technologies to enable these," said Jeff Bronikowski, SVP, Global Digital Business Development and Head of Innovation and Emerging Technology at Warner Music Group. Some of the types of experiences Flow will support include: artists or bands using crypto tokens to give millions of fans unprecedented new ways to show their fandom games that reward players for adding value and enable composability with assets and identities that users can take across infinite open environments or platforms for sports fans around the world to trade verified, authentic, limited-edition digital memorabilia in real-time. Bitcoin and Ethereum show how crypto can make the world of finance more open and transparent Flow will do the same for consumers of entertainment and culture." "Flow is a blockchain built from the ground up to support high performance ecosystems of apps and games without compromising decentralization. "After almost two years of research, we're excited to share Flow with the world," said Roham Gharegozlou, CEO of Dapper Labs. Angel investors who participated in this round included William Mougayar, James and Glenn Hutchins, Don Mattrick, and Nanon de Gaspe Beaubien-Mattrick. The largest investor in the round was Andreessen Horowitz's crypto fund, with participation from new investors Accomplice, AppWorks, Autonomous Partners, Fenbushi Digital, and Warner Music Group, as well as existing investors Union Square Ventures, Venrock, Digital Currency Group, Animoca Brands, SV Angel, Version One, and CoinFund, among others. 12, 2019 - Dapper Labs, the company behind CryptoKitties and upcoming projects such as NBA Top Shot, today announced $11M in funding and the development of Flow, a new blockchain built to enable decentralized applications at scale.
In addition to launching Flow, company also announces $11M in new funding as well as new partnerships with leading entertainment publishers like Warner Music Group, Ubisoft, Animoca Brands, and more Flow was developed by Dapper Labs as a solution to the problem of blockchain scalability for consumer applications like games and digital collectibles.
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