Dapper Labs Launches CryptoKitties ‘Meowcoins’ on Flow Blockchain

Flow Blockchain Powers New ‘Meowcoins’

Dapper Labs, led by CEO Roham Gharegozlou, has introduced ‘Meowcoins’ on the Flow blockchain to support CryptoKitties with robust infrastructure. This move addresses issues experienced with Ethereum’s scalability.

“Flow is a blockchain built from the ground up to support high performance ecosystems of apps and games without compromising decentralization. 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.” — Roham Gharegozlou, CEO, Dapper Labs

Flow, which received support from notable investors like a16z and Warner Music, provides a high-performance ecosystem for apps and games. Dapper Labs is leveraging its past expertise in NFTs and blockchain gaming.

‘Meowcoins’ Set to Boost FLOW Demand

The introduction of ‘Meowcoins’ is poised to influence the gaming industry by presenting a unique in-game currency. This could prompt increased activity on the Flow blockchain, impacting the market value of the FLOW token.

Experts anticipate a significant shift in gaming tokenization strategies, emphasizing user engagement and scalable solutions. The support of notable investors enables novel applications that will likely enhance blockchain gaming landscapes.

CryptoKitties’ Revival Reflects on 2017 Popularity

In 2017, CryptoKitties initially launched on Ethereum, causing congestion and showcasing the need for scalable solutions. Similar past token launches have frequently led to increased engagement with FLOW.

This reintroduction, backed by the established reputation of Dapper Labs in blockchain gaming, presents positive prospects for consistent user growth and potential diversification in blockchain applications, reshaping future gaming ecosystems.