What Makes a CryptoKitty Worth $140,000? - Ep.75

Roham Gharegozlou, CEO of Dapper Labs, the company behind CryptoKitties, and Benny Giang, Dapper Labs’ head of Asia, describe how employees at venture studio AxiomZen came up with the idea for CryptoKitties, what problems it exposed in crypto (beyond scaling!), and how CryptoKitties can teach people the value of decentralization. They also defend the $140,000 price tag on one kitty, explain how they plan to grow from the current 300 users per day that the blockchain is logging, and surmise that if it weren't for user experience issues, CryptoKitties could have been 100 times bigger. Plus, they talk about the Kittyverse. Thank you to our sponsors! DACC: https://www.digitalassetcustody.com Quantstamp: https://quantstamp.com The Sun Exchange: https://thesunexchange.com Episode links: CryptoKitties: https://www.cryptokitties.co AxiomZen/Dapper Labs: https://www.axiomzen.co Roham Gharegozlou: https://www.linkedin.com/in/roham Benny Giang: https://www.linkedin.com/in/bennygiang/ The $140,000 CryptoKitty: https://www.nytimes.com/2018/05/18/style/cryptokitty-auction.html Fundraising news: https://techcrunch.com/2018/03/20/cryptokitties-raises-12m-from-andreessen-horowitz-and-union-square-ventures/ CryptoKitties on HTC's new phone: http://fortune.com/2018/07/11/cryptokitties-app-htc/ Listen to previous episodes of Unchained with these CryptoKitties investors: Chris Dixon: http://unchainedpodcast.co/chris-dixon-on-how-trust-is-the-best-lego-block-ep70 Naval Ravikant: http://unchainedpodcast.co/naval-ravikant-on-how-crypto-is-squeezing-vcs-hindering-regulators-and-bringing-users-choice Bill Tai: http://unchainedpodcast.co/maitai-globals-bill-tai-on-why-blockchain-is-the-6th-wave-of-technology William Mougayar: http://unchainedpodcast.co/icos-why-people-are-investing-in-this-380-million-phenomenon "Developers all the way down" -- Unchained episode with Meltem Demirors and Jill Carlson: http://unchainedpodcast.co/episode-74 Listen to my previous interview with Arianna Simpson on Unconfirmed about CryptoKitties: http://unconfirmed.libsyn.com/arianna-simpson-of-autonomous-partners-on-privacy-cryptokitties-and-crypto-regulation Learn more about your ad choices. Visit megaphone.fm/adchoices