Top investors gambled $12 million on the blockchain equivalent of Beanie Babies. Now, sales are plummeting.

DominiqueGodbout/Flickr In March, investors including Andreessen Horowitz and Union Square Ventures gave a total of $12 million to CryptoKitties, a blockchain game for digital collectibles. According to data from blockchain analytics sites, the number of CryptoKitties transactions are a fraction of what they were in December. CryptoKitties CEO Bryce Bladon says the livelihood of CryptoKitties can't simply be measured by the number of transactions that happen in a month, and that people's behavio...