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CryptoKitties

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CryptoKitties is a game that involves one of-a-kind digital kitties, cryptocurrency and users who buy, sell, and sire their digital kitties. CryptoKitties lets players buy and breed “crypto-pets” on Ethereum’s underlying blockchain network. A test version of CryptoKitties was unveiled last weekend at ETH Waterloo in October 19, 2017, the largest Ethereum hackathon in the world.

As of December 2, the game’s top cat brought in $117,712.12 (£87,686.11) when it sold on Saturday, 2 December.

The virtual cats are breedable and carry a 256 bit distinct genome with unique DNA and different attributes that can be passed to offspring. There are a total of 4 billion possible cats that can be bred. They're all pretty cute and can pass on traits such as having striped fur, spots or a certain eye color.

A group known as Axiom Zen developed the game. They release a new CryptoKitty every 15 minutes (until November 2018), but the rest of the supply is powered by the breeding of existing crypto-kitties Owners of kittens can put them up for sale and set their own price in ethers.

References

  1. ^ Cheng, Evelyn (2017-12-06). "Meet CryptoKitties, the $100,000 digital beanie babies epitomizing the cryptocurrency mania". CNBC. Retrieved 2017-12-10.
  2. "CryptoKitties Mania Overwhelms Ethereum Network's Processing". Bloomberg.com. 2017-12-04. Retrieved 2017-12-10.