I am very curious about what is going to be the next step of the development team. What they are planning on using this funding for?
On this article:
https://techcrunch.com/2018/03/20/cryptokitties-raises-12m-from-andreessen-horowitz-and-union-square-ventures/ it is said that probably they plan, in long term, to create other games that can be played by regular people who are not familiar with cryptocurrency, but using the same Ethereum ERC-721 collectible standard. And knowing their background I can’t wait to know with which news they are going to surprise us.
This should make some Ethereum whales worried, I reckon. If collectible tokens become a
thing in the mainstream, we might see full blocks and network congestion, causing higher fees again.
This might also turn off some of the bigger Ethereum based ICOs and force them to start using other alternatives.
Vitalik and his team must hurry up and make the platform scale.