According to Wilk, the number of original kittens that will ever be released is approximately 50,000.Ĭritics of CryptoKitties contend that because the game is only partially decentralized, it is not a true representation of an Ethereum “DApp” or decentralized application. Wilk said the objective of the game is to make more kitties, but one of the company’s ultimate goals was to test whether a blockchain platform could support the buying and trading of unique, digital cats – what Wilk calls “crypto collectibles.”Īt launch, the company released about 250 founder cats, that is, those with no “parents.” Thereafter, a new kitten is released every 15 minutes. 004 ether (about $3 USD) to upwards of 100,000 ether (a whopping $79.3 million USD). To begin buying and selling CryptoKitties, users first set up a digital wallet with MetaMask, an Ether wallet and browser for applications built on the Ethereum blockchain. Purchases are made using the Ether cryptocurrency, which can be purchased with real money through a digital currency exchange like Coinbase. “We really took the approach of making the blockchain more approachable.”ĬryptoKitties is built on the Ethereum blockchain. “Using something like cats is a very unintimidating, friendly, cuddly way to be introduced to a very hard, technical subject like the blockchain,” said Wilk. To date, there have been over $16 million USD in transactions resulting from the purchase, breeding and sale of digital kittens. But marry cute kittens and a buzzy, emerging tech phenomenon and kitten chaos ensued.ĬryptoKitties’ cheerful, user-friendly interface has caused its popularity to surge among blockchain products and services. A collection of Bitcoin (virtual currency) tokens are displayed in this illustration taken Dec.
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