Patrick Comer, who sold his market research firm Lucit for $ 1 billion last year, says the early love of Dungeons & Dragons led to his latest investment in a New Orleans startup. obsession: blockchain technology.
Comer is one of a group of New Orleans investors who have been joined by national venture capital firms to invest $ 2.5 million in CripNR. The New Orleans-based startup Gripnr is developing a digital platform that will allow Dungeons & Dragons fans to use NFTs (non-fungal tokens) to store their game details on the blockchain.
Dungeons & Dragons is a strategy board game created over half a century ago, creating the entire field of tabletop and online roll-flaming fantasy games, firmly following players around the world.
Blockchains and NFTs are emerging technologies that allow computer networks to establish ownership and transfer assets online. The draw for the new operating system, Gamer explains, will allow NFTs to save game histories. NFTs may gain value over time.
Let the games begin
GNO Inc. And gaming is at the center of economic development organizations such as Louisiana Economic Development. Jeff Strain, a big name in video game development,’s decision to launch his latest business in New Orleans last year was seen as a milestone in the industry’s growth.
Michael Gheckt, CEO of GNO Inc, said:
Comer sees the new venture as an opportunity for New Orleans to be at the forefront of the development of blockchain-based companies, especially those based on the entertainment and creative arts.
Other investors in Gripnr include musician and entrepreneur Brent Macrosen, who will be the company’s chief executive. Kyle Mortensen will be Gripnr’s creative director, a composer and director of advertising creativity. Dungeons & Dragons game creator and former Wizards of the Ghost game developer Stephen Rodney-McFarland is also an investor.
Spring for “The Climbing”
Gripnr plans to launch its first game, “The Glimmering” and the first NFT collection in May.
“Gripnr was created to support players, game masters, artists and game designers who have created (tabletop role-playing games) for the past 50 years,” McCrossen said in a statement announcing the funding. “We are focused on creating an active, respectable and super awesome community of NFT collectors who want to join us in our vision of bringing gameplay to tabletop gaming fans and blockchain (5th edition),” he said.
Along with local angel investors, others who have invested around $ 2.5 million for Gripnr include XBTO Hamla Ventures, a leading Web3 venture fund, Sobris Capital, Voodoo Ventures, Better Angels, Abstraction Ventures and Carl Sparks, Interlock Managing Partner.
Comer is part of Tim Williamson’s new blockchain-centric initiative, former CEO of Idea Village, also known as the Nux Society. It is a member club that acquired the old Eiffel Society building on St. Charles Avenue and will formally launch in a few weeks selling 504 founding members in NFT format.
Williamson describes the Nieux Society’s vision as a meeting place for entrepreneurs, investors, artists and musicians to share ideas and find supporters for blockchain – related projects such as Gripnr.
“This is a physical place to meet people who want to connect with new technology and reap financial rewards, while at the same time how the city can be a forward-looking part of its growth,” Williamson said.
The Eiffel Society building, located across from the Pontchartrain Hotel in the Lower Garden District, is a unique 12,500-square-foot structure built from a rebuilt restaurant that was part of the Eiffel Tower in Paris in the 1980s.
Members include Comer and other technology entrepreneurs who have recently sold their companies and are looking for new investment opportunities. Also, artists such as Big Frieda and the jazz funk band Galactic have teamed up to create a release song for the Nieux Society, as well as being a member of writer and historian Walter Isaacson.
Comer agrees that new technology can confuse strangers.
“We experienced the same kind of digital transformation from 1995 to 2000. A similar vibration, a lot of money came into space, and there was a lot of confusion about what this meant,” he said.
It was not until the mid-2000s that New Orleans saw any real web-based business emerge from that wave. In a recent, blockchain-based wave, Comer said: “The only way you can get confused is not to get involved.”